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October 7, 2024

Hiring in an age of uncertainty

There were a few data signals going into Friday’s blockbuster jobs report that many market watchers and economists missed. Layoffs, as measured by a rolling four-week average of initial jobless claims, hit their lowest level in more than a year and a half. August showed an uptick in job openings, a hint that companies were about to ramp up hiring. And September’s ADP National Employment Report suggested that a rebound in private-sector hiring was under way.
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September 10, 2024

Wage garnishments were on the rise. Then the pandemic hit.

by Jeff Nezaj

Wage garnishments have been falling, and half of that trend is due to a drop in student loan debt garnishments.
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