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KQED's Forum

Taking a Pulse on California’s Labor Market

KQED's Forum

KQED

News Commentary, News, Politics

4.2727 Ratings

🗓️ 23 June 2023

⏱️ 57 minutes

🧾️ Download transcript

Summary

With huge layoffs in sectors like tech and media dominating the headlines, it’s easy to think that jobs are becoming scarce and that the “Great Resignation” is over. But in fact, some economists say it’s workers, not employers, who still hold the power — especially as Baby Boomers retire. We’ll check in on California’s labor market across different industries and hear your experiences finding a job in today’s economy. Guests: Aki Ito, senior correspondent covering the workplace and the economy, Insider Sarah Bohn, vice president of Research and Senior Fellow, Public Policy Institute of California Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Support for KQIWID podcasts comes from Rancho LaPuerta, a wellness resort 45 minutes from San Diego.

0:07.2

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0:16.9

Support for Forum comes from Broadway S.F. presenting Parade, the musical revival based on a true story.

0:24.4

From three-time Tony-winning composer Jason Robert Brown comes the story of Leo and Lucille Frank,

0:30.8

a newlywed Jewish couple struggling to make a life in Georgia.

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When Leo is accused of an unspeakable crime, it propels them into an unimaginable

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test of faith, humanity, justice, and devotion. The riveting and gloriously hopeful parade

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plays the Orpheum Theater for three weeks only, May 20th through June 8th. Tickets on sale now

0:54.0

at Broadwaysf.com.

0:57.7

From KQED in San Francisco, I'm Leslie McClureg. I'm in for Mina Kim.

1:19.8

Coming up on forum, for a while there, it felt like the tech sector was no longer the sure

1:24.5

career path that used to be, as layoffs dominated headlines day after day.

1:29.8

And then job cuts echoed in other sectors.

1:32.3

That trend seemed to signal the end of the Great Resignation, which topped headlines in recent years,

1:37.1

as large numbers of workers ditched their jobs.

1:40.1

But some economists say the pendulum actually hasn't swung as far as it seems.

1:44.3

Employees may still hold the power.

1:46.6

We'll learn more. That's next after this news.

2:07.5

This is Forum. I'm Leslie McClurg. I'm in today for Mina Kim. In recent years, the great resignation dominated headlines as people really quit their jobs in droves. The mood feels a lot more

2:14.2

somber this year. Crunchbase, a public database, estimates nearly 150,000 workers

2:18.9

that American tech companies were laid off in mass since January, with more than 12,000 of those

...

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