How the U.S. Job Market Could Change in 2025

2025 年美国就业市场将如何变化

WSJ What’s News

新闻

2025-01-12

14 分钟
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单集简介 ...

What are the macro trends moving the U.S. labor market and how might that translate into your ability to find a new job? From the incoming Trump administration’s tariff and immigration plans to the adoption of AI, WSJ workplace and employment reporter Lauren Weber and logistics and supply chain reporter Paul Berger discuss what’s driving changes in the labor market, and how companies are planning for the future. Luke Vargas hosts. Further Reading The American Worker Is Becoming More Productive  America’s Role Reversal: Working-Class Blacks Make Gains While Whites Fall Back  What Trump’s Immigration Plans Mean for American Job Growth Help Wanted: U.S. Factories Seek Workers for the Nearshoring Boom  Learn more about your ad choices. Visit megaphone.fm/adchoices
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  • Hey, what's news, listeners?

  • It's Sunday, January 12th.

  • I'm Luke Vargas for the Wall Street Journal and this is what's News Sunday, the show where we tackle the big questions about the biggest stories in the news by reaching out to our colleagues across the newsroom to help explain what's happening in our world.

  • And this week we're performing a health check on the US labor market, looking at everything from the macro trends around unemployment to industry specific trends around AI and whether people are trained for for the jobs of the future.

  • All right, let's get to it.

  • All right, we've got a lot to get to today, so I want to bring Journal reporters Lauren Weber and Paul Berger into this discussion straight away.

  • Paul covers logistics and the supply chain for us and we will see very soon why decisions companies are making up and down the supply chain are key to understanding the broader labor market.

  • But first, Lauren, I want to start with you given your focus on workplace issues and employment, given that we have just had the latest jobs report for December.

  • The report showed hiring ramping up, though the last month of the year can be a bit of an outlier given that it includes holiday hiring moves.

  • And bigger picture, the job market has cooled off since its red hot moments in 2022 and 2023.

  • Generally speaking, what is the labor market looking like as the year gets underway and how are companies and employers approaching the new year?

  • So we're waiting to see what's going to happen in 2025, not only as longer term trends continue, but also as a new administration comes in.

  • There's a lot of uncertainty.

  • You know, we're seeing a little bit of wa as companies and employers try to figure out what's ahead.

  • So the monetary policy from the Fed, they have been cutting rates but indicated in December that they were going to slow down those cuts.