With the headline unemployment rate reaching lows not seen in decades, and the labor force participation rate rising to pre-pandemic levels, by outward appearances, the American job market is robust and stable. However, a closer look using occam data reveals some underlying vulnerabilities that are beginning to surface. Below, with insights and analysis from occam, we dissect the nuances of the present labor market and what may lie ahead for the American workforce over the coming months.
Source: Analysis based on occam™ proprietary AI-enhanced research platform with various data sources, including a wide range of questions asked to over 1000 respondents per day with over three years of history. Information is census-balanced and uses occam’s™ proprietary AI algorithm that ensures minimal sampling bias (<1%). Contact us for more info.