The State of the Hispanic Workforce
If not for the steady rise in Hispanic workers, the U.S. labor market would face a much steeper uphill climb. Between 2015 and 2025, Hispanic workers accounted for roughly 61% of labor force growth. Over the next decade, this demographic is expected to account for all labor force growth. Understanding the movements of the Hispanic workforce can show us where the labor market is headed in the future.
July Jobs Report: Supply and Demand Fall Back, Leading to Fewer Workers and Fewer Jobs
The July Employment Report solidified that the labor market is not out of the woods quite yet. With a loss of 23K jobs in July, and downward revisions to both of the prior two months, the upward momentum of job growth from the spring has slowed markedly.
Resilience and Momentum: Where Black Workers Are Gaining Ground in the U.S. Labor Market
The U.S. labor market has been through a great deal of turbulence in the past six years, and Black workers have felt that turbulence acutely. Unemployment gaps widened, wage gains were uneven, and economic uncertainty cast a shadow over household finances. And yet, something important is also happening beneath those headline numbers: Black workers are not just weathering the storm, they are steering the ship.
Data from the Bureau of Labor Statistics' Current Population Survey, Annual Social and Economic Supplement (CPS) and ZipRecruiter's survey data paint a portrait of a Black workforce that is engaged, proactive, and forward-looking. That doesn't mean the structural challenges are gone, but it does mean that Black workers are increasingly writing their own stories of success.