Sarah Chaney Cambon

speaker

542 appearances 17 recordings 1 series first heard Sep 2017 last heard Feb 2023

Sarah Chaney Cambon’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

No recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.

Appearances

newest first · ▶ plays the moment

WSJ Your Money Briefing · Job Openings Slow After Strong Summer · 7 Oct 2020 podcast

And so they're having to lay off workers. matched

One of the main measures in that report is job openings. matched

So just think, if you're an unemployed person looking for a job and you go on a website like Glassdoor or Indeed, you're going to see a job opening. matched

So it's measuring basically that. matched

And it showed that there were 6.5 million available jobs matched

at the end of August. matched

And, you know, if you put that in context, there are, in August, there were also about 13.6 million unemployed people. matched

So there are a lot fewer job openings than there are jobless people, making it more difficult for people to quickly find work. matched

At the beginning of the crisis, we saw that a lot of medical offices think your local dentists had to shut down. matched

But when they were allowed to reopen, a lot of them did. matched

And people had kind of deferred their visits to the dental office, and they're now able to go. matched

And there are new safety measures in place that probably help with consumer confidence. matched

We have seen that employment in high wage positions has fared better than lower wage positions throughout the crisis. matched

But in terms of job openings, the reverse has occurred. matched

So high wage sectors have seen a slower recovery from their lows hit during the pandemic than lower wage sectors have. matched

And one reason that an economist from Jobsite indeed pointed to for this trend is just the fact that it costs more to hire and onboard higher wage workers. matched

And then also companies in these higher wage sectors oftentimes make their hiring decisions based on longer term outlooks. matched

And so given just all of the uncertainty that a lot of businesses have right now, matched

many of these companies are probably just holding off to see, you know, whether the economy is going to more quickly improve. matched

So sectors like technology and finance, these higher wage sectors have been taking more of a wait and see approach to hiring. matched

Showing 281–300 of 542 · page 15 of 28