Economics & Economy

What it's like to hold multiple jobs

Oct 5, 2018

One of the statistics included in the monthly jobs report from the Bureau of Labor Statics (Friday’s report showed the lowest unemployment rate since December 1969) concerns the percentage of the workforce that holds down more than one job.

In September, that figure was 4.9 percent. And that number has stayed fairly steady over the last decade or so, even as the actual unemployment rate has been falling. 

How do you sleep at night?

Oct 5, 2018

Unemployment is at a 40-year low and wages are starting to tick up, but the number of people working multiple jobs hasn’t changed in more than a decade. Why? Then: Mattress Firm has filed for bankruptcy, citing poor sales. The sleep business has changed a lot in recent years, in part because starting your own online bed-in-a-box company is really, really easy. Plus, as always, we'll review the economic news of the seven days gone by on the Weekly Wrap.

President Donald Trump signed an executive order back in April 2017 called “Buy American and Hire American.” It instructed the agencies of the federal government to "rigorously enforce and administer the laws governing entry into the United States of workers from abroad."  

Over the past year and a half, that's resulted in a bunch of changes — some small, some big — to immigration policy.  

Those changes are showing up.

DOT loosens rules for driverless trucks

Oct 5, 2018

The Department of Transportation said in its new autonomous vehicle guidelines Thursday that a human driver doesn’t necessarily have to be in the driver's seat of a commercial motor vehicle. That means an artificial intelligence system could potentially drive a truck. What could this mean for the trucking industry?

Click the audio player above to hear the full story. 

(Markets Edition) The Labor Department’s household survey from Friday morning shows rising payroll tallies in September, along with July and August’s totals revised upward. Also, the unemployment rate improved even further. Also, the Department of Transportation has released new guidelines for self-driving vehicles. One key adjustment: A human is no longer required to be in the driver’s seat for autonomous commercial vehicles.

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