FEATURED POST

April 28, 2026

The power of mom-and-pops

They employ more than a third of the U.S. workforce. They boast low employee turnover. And so far this year, they’ve been responsible for the bulk of U.S. private-sector job creation. They’re mom-and-pop businesses, and they’re powering the U.S. labor market.
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September 9, 2025

Behind the big picture 

by Nela Richardson, Ph.D.

Last week’s economic data delivered new evidence that employment has slowed in 2025. But there’s more to the job market than the pace of hiring. Pay growth, hours worked, and productivity are combining to make the jobs picture more complex than the sum of its parts. Here is a look at how these three components operate in the background of the labor market and how they can shift the economic landscape.
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