The economy keeps adding jobs. Many job seekers still feel stuck.
The economy has added jobs for three straight months and layoffs remain historically low, yet many unemployed Americans are still having a tough time.
The US is adding jobs on net, but it's still a tough time to be job-searching.Scott Olson/Getty ImagesThe job market is showing revived strength, despite big-name companies announcing layoffs.The economy had its best three-month average job growth since early 2024.
But it's still hard for some to find a job, and inflation outpacing wage growth is a new issue.From about 8,000 layoffs at Meta to thousands of cuts at Amazon, media outlets have been following high-profile employment changes.However, cuts at major tech companies this year represent only a sliver of what's happening in the massive job market, filled with millions of workers and unemployed Americans across different industries and business sizes.
That larger job market is showing renewed strength, although there are still some bumps in the road. Overall job growth is more robust, layoffs remain pretty low, and it's not just the healthcare sector keeping it alive. On the downside, wage growth isn't keeping up with inflation anymore, while rising long-term unemployment and low hiring rates suggest it's still hard to find a new job if you're out of work.
The monthly jobs report out on June 5 showed the economy had three straight months of robust gains through May, well above what's needed to keep unemployment steady and the highest three-month average since early 2024."This spring really is solidifying that the labor market is returning to a growth pattern," said ZipRecruiter economist Nicole Bachaud. "Businesses are reaccelerating hiring, jobs are growing across different industries, and there's just a general sense of renewed energy in the market that was largely stagnant for most of the last year."
With now five months of data in 2026 from the Bureau of Labor Statistics, we break down how the job market is looking. How's your job search going? Reach out to this reporter to share at mhoff@businessinsider.
com. Overall job growth is at its strongest level in over two yearsLet's first look at the good news.The US
Đọc thêm từ Kinh doanh
Cubs Decline To Apologize After Controversial Spanish Broadcast Bump
The Chicago Cubs have cast themselves “in a bad light,” according to critics of their decision to relegate a high-profile broadcast team.
These longevity meal swaps may lower your biological age — while saving time and money
A new study suggests swapping some, but not all, of your meat for plant proteins can help improve longevity.
We raised our daughter in China and Cambodia. Now she's not sure she wants to leave Los Angeles.
My daughter barely remembers the years we spent living in China and Cambodia, even though they still shape how I see family and home.
My mom died 6 weeks after my son was born. Losing the woman I wanted to talk to the most reshaped motherhood for me.
There is something deeply disorienting about grieving while postpartum because motherhood continues regardless of heartbreak.