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☆ Why the unemployment rate went up in August even though 187,000 jobs were added
▼ + stars: | 2023-09-01 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +2 min

New York CNN —Usually when the economy adds a lot of jobs in a given month the unemployment rate ticks down. Despite the 187,000 new jobs added last month, the unemployment rate rose to 3.8% from 3.5% in July. And outside of the onset of the pandemic, the last time the unemployment rate rose that high in one month was November 2011. So, mathematically, when you divide 6.4 million by 167.8 million, you’ll arrive at the 3.8% unemployment rate. That can help explain why the unemployment rate rose, even though there were stronger-than-expected job gains in August.

Persons: you’ll Organizations: New, New York CNN, Labor Statistics, BLS Locations: New York

☆ Fewer US temp jobs may flag longer lasting concern
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +2 min

WASHINGTON, Sept 1 (Reuters Breakingviews) - A steady drop in the temporary worker employment is a concerning blight in an otherwise steady U.S. labor market. Companies that recruit and place temps tend to cut payrolls when the first signs of an economic slowdown emerge. The crest, at 3.2 million, occurred 17 months ago, in March 2022, signaling that weakness could be ahead. Although the jobless rate reached 3.8% in August, its highest since early 2022, there are few other glaring employment concerns. They do not reflect the views of Reuters News, which, under the Trust Principles, is committed to integrity, independence, and freedom from bias.

Persons: Ben Winck, Pernod Ricard, Jeffrey Goldfarb, Sharon Lam Organizations: Reuters, Bureau of Labor Statistics, Companies, X, Thomson

☆ The US jobs market stayed strong in August
▼ + stars: | 2023-09-01 | by ( Madison Hoff | ) www.businessinsider.com time to read: +6 min

Truck transportation also saw employment fall by 36,700.Leisure and hospitality saw a job gain of 40,000 from July to August. From wage growth to an increase in labor force participation, various data points suggest the US labor market is still strong. There were 8.8 million job openings in July after 9.2 million in June, according to new Job Openings and Labor Turnover Survey or JOLTS data released by BLS earlier this week. "We expect this labor market rebalancing to continue," Powell said. "Evidence that the tightness in the labor market is no longer easing could also call for a monetary policy response."

Persons: Jerome Powell, Lydia Boussour, EY, Boussour, Nick Bunker, Bunker, it's, Julia Pollak, Pollak, Jonathan Fisher, Fisher, Powell Organizations: payrolls, Service, SAG, Bureau of Labor Statistics, Labor, BLS, North America, Washington Center for Equitable Growth Locations: Wall, Silicon, Jackson Hole , Wyoming

☆ The 10 worst states for high-paying entry-level jobs—'they just don't have the demand'
▼ + stars: | 2023-08-30 | by ( Gili Malinsky | ) www.cnbc.com time to read: +3 min

Here are the 10 worst states for high-paying entry-level jobs according to their findings , including the percent of entry-level jobs that offered pay higher than the state's median salary and the median salary according to BLS. When it comes to entry-level jobs, some industries notoriously pay better than others. Hawaii, the worst state for high-paying entry-level jobs, lost 15,000 residents between April 2020 and July 2022, according to the Hawaii Census. If there are fewer jobs available overall, there are, of course, fewer high-paying entry-level jobs available as well. That, too, would hamper the availability of high-paying entry-level jobs.

Persons: Julia Pollak, Amanda Augustine Organizations: BLS, Bureau of Labor Statistics, . Census, Hospitality Locations: Texas, Hawaii, . Massachusetts, Vermont, Alaska, Michigan, Pennsylvania, York, California, Barcelona

☆ The top 10 states for high-paying entry-level jobs—New York and California aren't on the list
▼ + stars: | 2023-08-29 | by ( Gili Malinsky | ) www.cnbc.com time to read: +3 min

Here are the top 10 states for high-paying entry-level positions according to Resume.io, including the state's median salary according to BLS and the percent of entry-level jobs paying above it. They then ranked the states in terms of the percentage of entry-level jobs that paid above the median salary. Entry-level jobs are often the lowest-paid on the totem pole, but a variety of factors influence what salary new employees are making. "They're very closely in line with the macroeconomic indicators on overall state labor market conditions," she says. "I think your entry-level jobs are kind of the bleeding edge of the labor market," she says, "and small changes in labor market conditions translate into large changes in conditions for entry-level workers."

Persons: Resume.io, Julia Pollak, Amanda Augustine, homebuyers Organizations: BLS, Bureau of Labor Statistics, Iowa City Locations: Philadelphia, Idaho, South Dakota, Resume.io's, Montana, Iowa, Ohio, Texas

☆ US job openings fall below 9 million for the first time since March 2021
▼ + stars: | 2023-08-29 | by ( Alicia Wallace | ) edition.cnn.com time to read: +2 min

In addition, a smaller number of workers quit their jobs, businesses hired fewer workers and layoffs nudged higher as the US job market settles into a calmer, more balanced state. Job openings fell to a seasonally adjusted 8.827 million in July, from 9.165 million in June, according to the BLS’ Job Openings and Labor Turnover Survey report. It’s the lowest number of total openings since March 2021, and there are now 1.5 available jobs for every unemployed person. The July JOLTS data showed that the number of new hires dropped to 5.773 million from 5.94 million, quits landed near pre-pandemic totals by falling to 3.549 million from 3.802 million, and layoffs inched up to 1.555 million from 1.551 million. That’s good news for the Federal Reserve, which has been hoping for more slack in the labor market in its battle to bring down inflation.

Persons: ” Julia Pollak, it’s Organizations: Minneapolis CNN, Bureau of Labor Statistics, Labor, Federal Reserve Locations: Minneapolis, United

☆ The 30 highest-paying jobs in New York State
▼ + stars: | 2023-08-28 | by ( Madison Hoff | ) www.businessinsider.com time to read: +2 min

Pediatric surgeon was the highest-paying job in New York, based on May 2022 data. Similarly to our published list of the highest-paying jobs in the US, medical occupations loom large on the list focused on New York. With the average for all occupations in the state being $74,870, all 30 of the highest-paying jobs in the state had averages well above that. AdvertisementAdvertisementBelow are the highest-paying jobs in New York. We included each jobs' average annual salaries and the number of people employed in each job in New York State from the Bureau of Labor Statistics.

Persons: Dermatologists, Andy Kiersz Organizations: Empire State, Pilots, Service, Bureau of Labor Statistics, BLS, New York Locations: Empire, New York, Wall, Silicon, New York State

☆ Despite downward revision of 306,000 jobs, the US labor market is still hot
▼ + stars: | 2023-08-23 | by ( Alicia Wallace | ) edition.cnn.com time to read: +2 min

As part of the agency’s annual benchmark review of payroll data, the Bureau of Labor Statistics revised down March 2023’s employment gains by 306,000 positions. When the economy stops growing, we will see non-farm payroll employment fall. The Labor Department’s monthly jobs report is based upon survey responses from employers across a wide swath of industries. Wednesday’s preliminary benchmark revision won’t change the existing employment data. The monthly totals for 2022 will be updated in February 2024, when the final benchmark revision is issued.

Persons: Chris Rupkey, FwdBonds, ” Organizations: Minneapolis CNN, of Labor Statistics, Labor, BLS, Quarterly Locations: Minneapolis

☆ Retail sales increased 0.7% in July, better than expected as consumer spending is holding up
▼ + stars: | 2023-08-15 | by ( Jeff Cox | ) www.cnbc.com time to read: +4 min

Consumer spending held up well in July as inflation slowed, with retail sales turning in a stronger-than-expected showing for the month, the Commerce Department reported Tuesday. The advanced retail sales report showed a seasonally adjusted increase of 0.7% for the month, better than the 0.4% Dow Jones estimate. Excluding autos, sales rose a robust 1%, also against a 0.4% forecast. Gas station sales rose just 0.4% on the month despite rising prices at the pump. On a 12-month basis, sales rose 3.2%, which is exactly in line with the annual increase in the CPI.

Persons: Dow Jones, Mike Loewengart, Jim Baird, Plante Organizations: Commerce Department, Gas, Federal, Fed, Morgan Stanley Global Investment, CPI, Bureau of Labor Statistics, BLS, Export, Consumers, Financial Advisors, Empire, Manufacturing Survey Locations: U.S, New York

☆ PPI: US wholesale inflation rose more than expected in July
▼ + stars: | 2023-08-11 | by ( Alicia Wallace | ) edition.cnn.com time to read: +4 min

Minneapolis CNN —US wholesale inflation rose more than expected in July, reversing a yearlong cooling trend, the Bureau of Labor Statistics reported Friday. Services prices rose 0.5% from June, the highest monthly increase since March 2022 for the category, BLS data shows. Still more to comeThe report comes just one day after the Consumer Price Index showed that prices rose 3.2% annually in July. Similar base effects played their role in the headline PPI increase as well, noted Rankin. When stripping out the more volatile categories of food and energy, core PPI rose 2.4% annually in July.

Persons: Price, Kurt Rankin, ”, ” Rankin, Rankin, “, Matthew Martin, Oren Klachkin, Dow Organizations: Minneapolis CNN, of Labor Statistics, Refinitiv, PPI, Services, PNC Financial Services, CNN, “, Federal Reserve, Oxford, ” Energy, Fed, Federal Locations: Minneapolis, That’s

☆ Wholesale prices rose 0.3% in July, higher than expected
▼ + stars: | 2023-08-11 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

A measure of wholesale prices rose more than expected in July, countering recent trends showing that inflation pressures are easing. Core PPI rose 2.4% on a 12-month basis, tied for the lowest since January 2021. Excluding food, energy and trade services, PPI increased 0.2%. Services costs pushed the index higher, rising 0.5% for the month, the largest gain since August 2022. Goods prices rose just 0.1%, though food prices increased 0.5% while prices excluding food and energy were unchanged.

Persons: Dow Jones Organizations: of Labor Statistics, PPI, Markets, Dow Jones, Treasury, Energy, BLS, Federal Reserve

☆ The rising cost of shelter represented 90% of last month’s inflation
▼ + stars: | 2023-08-10 | by ( Anna Bahney | ) edition.cnn.com time to read: +4 min

After steadily increasing, year-over-year shelter inflation has moved down for four consecutive months, from 8.2% in March to 7.7% in July. “Our baseline forecast suggests that year-over-year shelter inflation will continue to slow through late 2024 and may even turn negative by mid-2024,” the researchers wrote. Total inflation will go down when shelter inflation dropsCurrently, there is a disconnect between shelter inflation, which has remained higher, and other components of inflation that have fallen. For renters, shelter inflation includes rent and utility payments. The researchers at the San Francisco Fed crafted models combining several measures of local shelter and rent inflation to help explain how recent trends might affect the path of future shelter inflation.

Persons: San Francisco Fed, “, ” Organizations: DC CNN, Index, Federal Reserve Bank of San, Federal Reserve Bank of San Francisco . Housing, Housing, Federal, San Francisco, Bureau of Labor Statistics Locations: Washington, Federal Reserve Bank of San Francisco .

☆ July CPI report shows inflation gauge rose 3.2%, less than expected
▼ + stars: | 2023-08-10 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

watch nowThe consumer price index rose 3.2% from a year ago in July, a sign that inflation has lost at least some of its grip on the U.S. economy. Prices accelerated a seasonally adjusted 0.2% for the month, in line with the Dow Jones estimate, the Bureau of Labor Statistics reported Thursday. The annual rate for the core also was slightly below a Dow Jones consensus estimate for 4.8%. Markets reacted positively to the report, with futures tied to the Dow Jones Industrial Average up more than 200 points and Treasury yields mostly lower. Almost all of the monthly inflation increase came from shelter costs, which rose 0.4% and were up 7.7% from a year ago.

Persons: Dow Jones, Sung Won Sohn, Rick Rieder Organizations: of Labor Statistics, Dow Jones, Markets, Treasury, SS Economics, Loyola Marymount University, Federal, BLS, Federal Reserve, BlackRock Locations: U.S

☆ CPI: Consumer prices rose by 3.2% annually in July, picking up for the first time in 13 months
▼ + stars: | 2023-08-10 | by ( Alicia Wallace | ) edition.cnn.com time to read: +8 min

Minneapolis CNN —For the first time in more than 12 months, the pace of consumer price hikes accelerated on an annual basis. The Consumer Price Index rose 3.2% for the year through July, up from June’s 3% annual increase, according to data released Thursday by the Bureau of Labor Statistics. Core CPI, which excludes the more volatile food and energy prices, increased 0.2% from June and was up 4.7% from the year-ago period. July is the the fourth consecutive month that annual core CPI has eased, and the 4.7% rate landed 0.1 percentage points below consensus expectations. Shelter prices rose 0.4% month on month and were up 7.7% for the year ending in July.

Persons: “ Don’t, ”, Julia Pollak, Joe Biden, ” Biden, “ We’ve, Kurt Rankin, Dow, “, Joe Brusuelas, Brusuelas, Tamara Charm, Brandon Bell, Danielle DiMartino Booth, DiMartino Booth, — CNN’s Elisabeth Buchwald Organizations: Minneapolis CNN —, Bureau of Labor Statistics, BLS, CPI, Federal Reserve, PNC, Nasdaq, RSM US, CNN, San, Services, “, McKinsey, Quill Intelligence, Federal Reserve Bank of Dallas Locations: Minneapolis, June’s, San Francisco, Austin , Texas

☆ Fed policy is weighing on US banks. Here's everything to know about the Moody's downgrades.
▼ + stars: | 2023-08-08 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

In what amounted to 27 rating actions on US banks, Moody's pointed to rising costs of capital, deteriorating profits, and climbing risks to assets. In effect, much of the stress on banks Moody's is responding to can be chalked up to the Federal Reserve's policy decisions over the past year and a half. "Most banks' deposits were flat or down only modestly, but the mix worsened, with non-interest-bearing deposits declining and banks paying more for deposits," Moody's strategists wrote. So Moody's downgrades aren't all doom and gloom for these firms, and it's always possible the moves are reversed once the outlook turns rosier. Banks are in the money business, he explained, and the Fed has made money harder to come by.

Persons: Moody's, Service It's, they've, it's, Michael Bell, Honigman, Banks, Bell Organizations: Bank of New York Mellon, US Bancorp, Service, Northern Trust, State Street, Capital, Citizens Financial, Fifth Third Bancorp, Bank, KBW Nasdaq, Fed, Silicon Valley Bank, First Republic Bank, Signature Bank, Reserve, Moody's, Treasury Locations: Wall, Silicon, Japan

☆ Job growth slowed in July after a red-hot labor market in the first half of the year
▼ + stars: | 2023-08-04 | by ( Madison Hoff | Juliana Kaplan | ) www.businessinsider.com time to read: +6 min

Private education and health services saw a one-month job gain of 100,000, with healthcare and social assistance seeing a gain of 87,100. Leisure and hospitality, construction, and financial activities are some of the other industries that saw job growth. Julia Pollak, chief economist at ZipRecruiter, told Insider Friday's report from BLS showed a slowing labor market but one that's "still very solid." Different data points before Friday's jobs report suggest that the labor market is still a strong jobs market for workers and job seekers. Pollak described the labor market as sustainable, and Bunker described it as robust. So this is still a strong, resilient, robust labor market."

Persons: payrolls, Daniel Zhao, Julia Pollak, Pollak, it's, Nick Bunker, Tuesday's, Bunker, Labor Julie Su, we're Organizations: payrolls, Service, of Labor Statistics, BLS, Friday's BLS, North America, Bureau of Labor Statistics, Labor Locations: Wall, Silicon, Friday's

☆ What to expect from the jobs report: Steady, but cooler growth
▼ + stars: | 2023-08-04 | by ( Alicia Wallace | ) edition.cnn.com time to read: +8 min

But markets and economists are expecting another solid jobs report Friday morning. And while economic data isn’t typically the sexiest of topics, the government’s jobs report has in recent months delivered plenty of excitement and its fair share of surprises. Last July, for example, the US economy added 568,000 jobs — more than double the 250,000 that economists had expected. Come Friday, the government’s jobs report for this July might not end up being quite so shocking. In fact, it could be relatively humdrum: A slight cooling in job growth, and unemployment holding steady.

Persons: Minneapolis CNN — Fitch, ”, Daniel Zhao, Refinitiv, Chris Rupkey, That’s, Michael Gapen, Janet Yellen, Glassdoor’s Zhao, ” Zhao, there’s, ” Andy Challenger, Challenger, ” Gus Faucher, they’re, Becky Frankiewicz, “ Organizations: Minneapolis CNN, Glassdoor, Bank of America, ” Bank of America, Business, Conference Board, Fitch, Challenger, “ Companies, Labor Department, “, PNC Financial Services Group, CNN, Labor Statistics, BLS, “ Employers, ManpowerGroup Locations: Minneapolis, United States

☆ What to expect from the July jobs report: Steady, but cooler growth
▼ + stars: | 2023-08-03 | by ( Alicia Wallace | ) edition.cnn.com time to read: +7 min

Minneapolis CNN —Despite Tuesday’s credit rating downgrade amid concerns about the challenges facing the United States, markets and economists are expecting another solid jobs report on Friday. And while economic data isn’t typically the sexiest of topics, the monthly jobs report has in recent months delivered plenty of excitement and its fair share of surprises. Come Friday, the government’s jobs report for this July might not end up being quite so shocking. In fact, it could be relatively humdrum: A slight cooling in job growth, and unemployment holding steady. The broader economic scorecard for the United States makes the downgrade all the more “bizarre” and puzzling, noted top economists, including Treasury Secretary Janet Yellen.

Persons: ”, Daniel Zhao, Refinitiv, Chris Rupkey, That’s, Michael Gapen, Janet Yellen, Glassdoor’s Zhao, ” Zhao, there’s, ” Andy Challenger, Challenger, Gus Faucher, they’re, Becky Frankiewicz, “ Organizations: Minneapolis CNN, Glassdoor, Bank of America, ” Bank of America, Fitch, Challenger, “ Companies, PNC Financial Services Group, CNN, Labor Statistics, BLS, “ Employers, ManpowerGroup Locations: Minneapolis, United States

☆ Private sector added 324,000 jobs in July, well above expectations, ADP says
▼ + stars: | 2023-08-02 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Sinking Spring, PA - April 19: The sign at the McDonald's restaurant on Penn Ave in Sinking Spring, PA April 19, 2021 with a message on a board below it that reads "Work Here $15 $15 $15". (Photo by Ben Hasty/MediaNews Group/Reading Eagle via Getty Images)Private sector companies added far more jobs than expected in July, pushed higher by a boom in leisure and hospitality jobs, payroll processing firm ADP reported Wednesday. Job gains for the month totaled 324,000, driven by a 201,000 jump in hotels, restaurants, bars and affiliated businesses. The ADP report serves as a precursor for Friday's more widely followed nonfarm payrolls count from the Labor Department's Bureau of Labor Statistics. Also of note from the ADP report was that the job gains were concentrated in firms with fewer than 50 employees, which were responsible for 237,000 positions.

Persons: Ben Hasty, Dow Jones, Nela Richardson, nonfarm Organizations: Penn, MediaNews, Getty Images, Dow, Reserve, Goods, Labor Department's Bureau of Labor Statistics, BLS, ADP Locations: PA

☆ The 30 highest-paying jobs in Florida
▼ + stars: | 2023-08-02 | by ( Madison Hoff | ) www.businessinsider.com time to read: +2 min

The average annual wage for all occupations in Florida was $55,980, according to Bureau of Labor Statistics data. The 30 best-paying jobs in the state all pay well, but the estimated number of employees for each vary greatly. While the average annual wage for Florida was $55,980 in May 2022, the 30 jobs with the highest averages in the state were over double that. This job is also the best-paying job nationally, per average annual wage data, with a national average of $421,330. Below are the jobs that pay the best in Florida, according to average annual wage estimates.

Persons: Cardiologists, didn't Organizations: of Labor Statistics, Service Locations: Florida, Wall, Silicon

☆ Small businesses boost US private payrolls in July
▼ + stars: | 2023-08-02 | by ( Lucia Mutikani | ) www.reuters.com time to read: +4 min

REUTERS/Amira Karaoud/File photoSummary Private payrolls increase by 324,000 in JulyWage growth gradually slowingWASHINGTON, Aug 2 (Reuters) - U.S. private payrolls rose more than expected in July as small businesses boosted hiring, pointing to continued labor market resilience that could shield the economy from a recession. Private payrolls increased by 324,000 jobs last month after surging by 455,000 in June, according to ADP. MANUFACTURING DRAGHiring at small business, establishments with one to 49 employees increased 237,000, accounting for more than two-thirds of the gain in private payrolls last month. It has not been a reliable gauge in forecasting private payrolls in the BLS employment report. According to a Reuters survey of economists, the BLS is likely to report that private payrolls increased by 179,000 jobs in July.

Persons: Amira Karaoud, Christopher Rupkey, Nela Richardson, It's, Daniel Silver, Lucia Mutikani, Paul Simao Organizations: REUTERS, Federal Reserve, ADP, Reuters, Treasury, Fed, Stanford Digital Economy, U.S . Bureau of Labor Statistics, BLS, JPMorgan, Thomson Locations: Louisville , Kentucky, U.S, WASHINGTON, New York

☆ Chipotle says customers can't get enough of its Chicken al Pastor – and it means it's having to spend less on pricier beef
▼ + stars: | 2023-07-27 | by ( Grace Dean | ) www.businessinsider.com time to read: +3 min

Chipotle says its limited-edition Chicken al Pastor is boosting sales and attracting new customers. Chicken al Pastor was added to its menus in March, and according to CEO Brian Niccol, one in five customer orders at the chain now include the protein. "We've got a benefit because Chicken al Pastor has really shifted some of our customers from the more expensive beef into the less expensive chicken," CFO Jack Hartung said in an earnings call on Wednesday. Chicken al Pastor isn't just cheaper for Chipotle to make, it's also helping to attract new customers, the company said. Plus, it was a fairly straightforward dish to launch because it's made using Chipotle's existing adobo chicken, which is then mixed in an al pastor marinade.

Persons: Chipotle, al, –, al Pastor, Brian Niccol, We've, Jack Hartung, Price, isn't, it's, marinade, morita, Niccol Organizations: Service, Bureau for Labor Statistics Locations: Wall, Silicon, Canada, Germany, France

Both theory and past practice suggest that higher interest rates weigh on investment and consumption, crimping companies’ profit and forcing them to reduce hiring or lay off staff. It could also be that higher interest rates weigh on prices by pushing up borrowing costs and weakening financial markets, without requiring widespread layoffs. But economic forecasters have wrongly anticipated layoffs and higher unemployment for much of the past year. Until disinflation becomes less immaculate, the central bank has the unholy problem of choosing between lessons from history and those of the last 12 months. The U.S. unemployment rate dipped to 3.6% in June, the BLS announced on July 7.

Persons: Jerome Powell, Donald Trump, Joe Biden, Powell, There’s, Ben Winck, Francesco Guerrera, Peter Thal Larsen, Sharon Lam, Streisand Neto Organizations: Reuters, Federal Reserve, Wall, U.S, Fed, UBS –, Bank of International, Workers, United, Refinitiv, Consumer, of Labor Statistics, BLS, Thomson Locations: U.S, United States, payrolls, Washington, London

☆ Job seekers are still intrigued by the tech industry, even after layoffs and the threat of AI
▼ + stars: | 2023-07-25 | by ( Madison Hoff | ) www.businessinsider.com time to read: +6 min

However, many job seekers are still intrigued by this work — at least based on those searching for roles related to software development. Pay could be a reason why job seekers are thinking about positions related to software development. Job seekers eager to check out tech roles seem to be brushing aside the decline in postings, recent attrition, and concerns about the future of AI in the sector. "I think that there's, amongst many job seekers, an expectation that software jobs are going to continue to be a good, high-paying occupation," Stahle said. "And as far as things like AI go, there's still kind of a lot to see as to the way that that's going to unfold.

Persons: Cory Stahle, switchers, it's, Stahle, Job, there's, that's Organizations: Service, of Labor Statistics, Bureau of Labor Statistics Locations: Wall, Silicon, —

☆ The rise of gig workers is changing the face of the US economy
▼ + stars: | 2023-07-24 | by ( Samantha Delouya | ) edition.cnn.com time to read: +9 min

The number of gig workers is growing and making an impact throughout the economy. But workplace experts say the number of gig workers is growing, and and their impact is being felt throughout the economy. “People who have access to the gig economy borrow less money than people who don’t. Working in the gig economy can help people spend more time searching for their next job, if they've been laid off. “We could do so much better.”Recently, local governments have attempted to bolster platform gig workers’ protections.

Persons: Los Angeles CNN — Lazarus, ”, that’s, Eric Baradat, Louis Hyman, Uber, DoorDash, Jenn Rosenberg, Hyman, “, Erica Groshen, they've, Spencer Platt, Doordash, Susan Houseman, Groshen, we’ve, ” Groshen, they’re Organizations: Los Angeles CNN, Uber, CNN, DoorDash, Getty, of Labor Statistics, Cornell University, “ Society, University of Chicago, IRS, Bureau of Labor Statistics, Massachusetts Institute of Technology, BLS, . Upjohn Institute, Employment Research, North, New York City, Federal Reserve, Federal, System Locations: Hill , North Carolina, “, United States, AFP, DoorDash, Kalamazoo , Michigan, North America, New York, California

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