Hourly Workers Aren’t So Hard to Find Anymore

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.8 • 1.6K Ratings

🗓️ 15 August 2024

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

Companies are pulling back on hiring hourly roles such as truck drivers, maintenance workers, and cleaners — that were once in high demand. Wall Street Journal reporter Chip Cutter joins host Ariana Aspuru to discuss this shift in the labor market and how job-seekers can find their next gig. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	O. C.I. is the single platform for your infrastructure, database, application development, and AI needs.
0:06.0	Do more and spend less like Uber 8 by 8 and Databrics Mosaic.
0:11.0	Take a free test drive of OCI at oracle.com
0:14.4	slash Wall Street. Here's your money briefing for Thursday, August 15th. I'm
0:22.2	Ariana Sputu for the Wall Street Journal, filling in for J.R. Waylan.
0:30.0	Employers once scrambled to find hourly workers like cooks, cleaners, retail workers, but now companies
0:36.7	are pulling back on hiring. And it's thrown some job seekers for a loop.
0:41.6	A lot of them just gotten used to this really strong job
0:44.8	market we've seen over the past couple of years where it was really a
0:47.3	candidates job market where there were lots of open roles we saw employers really
0:51.4	having to act quickly and right now we're starting to see
0:54.1	that pendulum swing back to employers where the companies have the upper hand once
0:58.4	again. We'll talk to Wall Street Journal reporter Chip Cutter after the break. AI may be the most important new computer technology ever, but AI needs a lot of
1:18.3	processing speed and that gets expensive fast.
1:21.2	Upgrade to the next generation of the cloud, Oracle Cloud Infrastructure or
1:25.1	OCI. OCI is the single platform for your infrastructure, database, application development,
1:30.9	and AI needs. Do more and spend less like Uber, 8 by 8 and Databroix mosaic.
1:37.0	Take a free test drive of OCI at oracle.com.
1:40.0	com slash Wall Street.
1:41.0	Orracle.com slash Wall Street. Oracle. O'Connell. com slash Wall Street.
1:44.0	The job market is slowing down for
1:50.0	for roles that were once in high demand.
	...

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