Economist Pavlina Tcherneva Speaks About Labor Market for Marketplace
Pavlina Tcherneva, president of the Levy Economics Institute at Bard College, spoke with Marketplace about the state of the national employment market. As the government shutdown has halted all nonessential operations, including the jobs report from the Bureau of Labor Statistics, economists turn to other available sources to gather data on the current labor market. Tcherneva says that although large firms, with 500 or more employees, added jobs last month, “this is such a small proportion of total employment, it makes no difference to the overall trends,” adding that 90% of employers have fewer than 100 workers. “It’s another look at the weakening labor market.”
Post Date: 10-07-2025
Post Date: 10-07-2025