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Seattle Now

The job market is rough for white collar workers

Seattle Now

KUOW News and Information

Daily News, News

2.4613 Ratings

🗓️ 13 January 2025

⏱️ 15 minutes

🧾️ Download transcript

Summary

The final 2024 report from the US Department of Labor was strong. 

Hundreds of thousands of jobs were added. 

The unemployment rate fell from 4.2 percent to 4.1 percent.

Still some workers are really having a hard time finding something new.

Business Insider’s Aki Ito reports that there's a recession among white collar workers right now. She explains what's going on. 

Watch the start of the Washington State Legislature's upcoming session on their new website or on tvw

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Transcript

Click on a timestamp to play from that location

0:00.0

These days, there's so much news.

0:01.8

It can be hard to keep up with what it all means for you, your family, and your community.

0:06.4

The Consider This Podcast from NPR features our award-winning journalism.

0:10.7

Six days a week, we bring you a deep dive on a news story and provide the context and analysis that helps you make sense of the news.

0:17.5

We get behind the headlines.

0:19.4

We get to the truth.

0:22.8

Listen to the Consider This podcast from NPR.

0:26.7

Hey, good morning. It's Patricia Murphy. It's Monday. This is Seattle now. The final 2024 report

0:34.0

from the U.S. Department of Labor was strong. Hundreds of thousands of jobs were added.

0:39.4

The unemployment rate fell.

0:41.1

Still, some workers are really having a hard time finding something new.

0:45.8

In a minute, we'll take a closer look at what business insiders Aki Ito is calling a white-collar recession.

0:52.3

But first, let's get you caught up.

0:54.3

Lawmakers. is calling a white collar recession. But first, let's get you caught up.

1:00.0

Lawmakers are in Olympia for the start of the legislative session with more than a dozen new members.

1:03.8

It'll be a busy start with nearly 500 pre-filed bills

1:07.7

that need to be addressed.

1:09.0

They'll also have to grapple with a $10 billion budget shortfall.

1:12.9

It all gets underway at 11 today. The session runs until April 27th. Keep up with the details on

1:18.7

the legislature's revamped website or watch live on TVW. We'll drop some helpful links in the show notes.

1:26.7

Just days after a memorial for a slain city bus driver, the King County Council will meet today to discuss how to improve rider and driver safety on buses.

1:37.7

Council member Claudia Balducci has proposed adding dividers between operators and passengers and adding more transit security. Metro bus driver

...

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