Job market condition
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Kevin Warsh and Kevin Hassett are both 'reasonably good choices' for the next Fed chair: Mark Zandi
Youtube· 2025-12-15 16:05
Let's bring in Moody's Analytics chief economist Mark Xandandy who I assume Mark you've you've been listening in. Do you do you have a do you do you have an opinion on on one or the other and qu this question about credibility and how close they are to the president. >> I think they're both reasonably good choices, Sarah. I mean I I know Kevin I guess they're both Kevin.I know them pretty well. They're good economists. They are very experienced.Uh both uh lived and worked through the financial crisis. So th ...
The Job Market Is So Bad Right Now It's Looking Like The Pandemic
Yahoo Finance· 2025-09-17 13:46
Group 1 - The job market is currently as challenging as during the pandemic, with 20% of consumers stating jobs are "hard to get," an increase from 18.9% [1] - The Employment Trends Index indicates that the 20% figure is the highest since early 2021, coinciding with lockdowns that limited job opportunities [1] - Job openings have decreased significantly, with a drop of 176,000 in July following a decline of 355,000 in June [2] Group 2 - Small firms are struggling to fill job openings, with 32% reporting difficulties, a slight decrease from 33% in July and 36% in June [3] - Initial claims for unemployment insurance rose slightly in August, nearing May levels, with about 17% of the workforce taking part-time jobs after being laid off from full-time positions [5] - Six of the eight components of the Employment Trends Index were negative in both July and August, marking a potential turning point in business activity and confidence [6]