Will Layoffs Surge Soon? What Real-Time Data Reveals | ZipRecruiter’s Julia Pollak

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