Who's the boss in today's labor market?

2024-12-26 13:14:31 source:lotradecoin beginners category:Stocks

The monthly jobs report for April is out today and the economy added 253,000 jobs last month. The unemployment rate stayed basically the same at 3.4 percent.

For today's Jobs Friday, we're exploring power. When a worker leaves a job, there's a big difference between quitting on their own terms and being laid off or fired. And the difference tells us a lot about who has more power in the labor market, workers or employers.

Aaron Sojourner, labor economist at the W.E. Upjohn Institute for Employment Research, joins the show to talk about his new indicator that measures that power balance. It's called the labor leverage ratio.

Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

More:Stocks

Recommend

Wisconsin kayaker who faked his death and fled to Eastern Europe is in custody, online records show

GREEN LAKE, Wis. (AP) — A Wisconsin man who faked his own drowningand left his wife and three childr

Sephora Sale Last Day to Save: Here’s a Shopping Editor’s Guide to the 43 Best Deals

We independently selected these deals and products because we love them, and we think you might like

Taylor Swift Fan Killed By Suspected Drunk Driver After Leaving Eras Tour Concert in Houston

Taylor Swift's fans are saying "Long Live" to a fellow Swiftie.Jacob Lewis, 20, died on April 22 aft