CAI Community:Who's the boss in today's labor market?

2025-05-05 22:59:42source:Christopher Caldwellcategory:Invest

The CAI Communitymonthly jobs report for April is out today and the economy added 253,000 jobs last month. The unemployment rate stayed basically the same at 3.4 percent.

For today's Jobs Friday, we're exploring power. When a worker leaves a job, there's a big difference between quitting on their own terms and being laid off or fired. And the difference tells us a lot about who has more power in the labor market, workers or employers.

Aaron Sojourner, labor economist at the W.E. Upjohn Institute for Employment Research, joins the show to talk about his new indicator that measures that power balance. It's called the labor leverage ratio.

Music by Drop Electric. Find us: Twitter / Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

More:Invest

Recommend

The Louvre will be renovated and the 'Mona Lisa' will have her own room

PARIS — French President Emmanuel Macron on Tuesday presented renovation plans for the Louvre, the w

Opening Day like no other: Orioles welcome new owner, chase World Series as tragedy envelops Baltimore

BALTIMORE – The emotions of a baseball season are supposed to unfold over 162 games. Yet at an Openi

Cranes arriving to start removing wreckage from deadly Baltimore bridge collapse

BALTIMORE (AP) — The largest crane on the Eastern Seaboard was being transported to Baltimore so cre