Official figures show that the job market is in robust health, but the reality is very different for millions of American workers. The number of people who have been looking for work for more than six months is up more than 50% since the end of 2022, and people laid off from white-collar jobs are having an especially hard time finding new roles, the Wall Street Journal reports. In fields including technology, finance, law, and the media, businesses that grew quickly after the pandemic have largely frozen hiring.
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When some 25,000 members of the International Longshoremen’s Association went on strike last October, bringing three dozen container ports on the east and Gul