Julia Pollak, Chief Economist at ZipRecruiter, discusses the current state of the labor market and the outlook for which sectors will see the most or least growth in jobs. *This video was recorded on November 14, 2024 Subscribe to my free newsletter: https://davidlinreport.substack.com/ Listen on Spotify: https://open.spotify.com/show/510WZMFaqeh90Xk4jcE34s Listen on Apple Podcasts: https://podcasters.spotify.com/pod/show/the-david-lin-report FOLLOW JULIA POLLAK: ZipRecruiter Economic Research: https://www.ziprecruiter-research.org/ X (@juliaonjobs): https://x.com/juliaonjobs FOLLOW DAVID LIN: X (@davidlin_TV): https://x.com/davidlin_TV TikTok (@davidlin_TV): https://www.tiktok.com/@davidlin_tv Instagram (@davidlin_TV): https://www.instagram.com/davidlin_tv/ For business inquiries, reach me at david@thedavidlinreport.com *This video is not financial advice. The channel is not responsible for the performance of sponsors and affiliates. 0:00 - Intro 1:20 - Unemployment rate 3:23 - Pay increase between quitting and staying 5:29 - Blue vs. White collar labor force 6:20 - Sectors with most growth 7:10 - Weaker sectors 8:50 - How election will affect hiring 11:20 - Real wage increases 13:23 - Inflation and real wage 15:15 - Immigration and the labor force 17:26 - Challenges to labor market strength 19:20 - Quits rate 21:44 - Neutral rate of unemployment 23:11 - AI and labor market 24:51 - Labor force participation rate #economy #jobs #layoffs
