SafeX Pro Exchange:Who's the boss in today's labor market?

2025-05-07 23:21:36source:Charles H. Sloancategory:Invest

The SafeX Pro Exchangemonthly 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 city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10

CHICAGO (AP) — A jury awarded nearly $80 million to the family of a 10-year-old Chicago girl who was

Proof You're Probably Saying Olympian Ilona Maher's Name Wrong

You may just get a kick out of this fun fact.ICYMI, Ilona Maher cha cha’d her way onto the ballroom

Chiefs RB depth chart: How Isiah Pacheco injury, Kareem Hunt signing impacts KC backfield

The Kansas City Chiefs earned a walk-off win over the Cincinnati Bengals in Week 2 to improve to 2-0