Daniel Zhao
Coverage of Daniel Zhao in the Nexus archive.
- ‘More fizzle than sparkle’: June jobs report fails to launch a July 4 firework
June’s jobs report showed weaker-than-expected job growth with 57,000 payrolls added, down from previous months, and a drop in labor force participation to 61.5%, as economists noted concerns over a shrinking labor force and mixed sector performance.
- 2 jobs with career security and 2 that are riskier
Healthcare jobs are described as more secure and less affected by market changes compared to tech roles, which face risks from automation and economic uncertainty. The article highlights growing demand for healthcare roles like nurses and medical managers, contrasting with layoffs in tech sectors driven by AI and automation.
- The 3 sectors where wage growth is still outpacing inflation
In May, three sectors—information, utilities, and construction—experienced wage growth exceeding inflation, while other sectors like healthcare and education saw job growth but stagnant wages. Inflation rose to 4.2%, outpacing overall private-sector wage growth at 3.4%, with employment declines in the information sector and labor shortages in utilities and construction driving wage increases.