What the Drops in Temp and Remote Work Signal About the Job Market

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 25 January 2023

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

A.M. Edition for Jan. 25. U.S. employers cut 110,800 temp workers in the last five months of 2022. WSJ reporter Sarah Chaney Cambon explains why many economists view the sector as an early indicator of future labor-market shifts. Plus, WSJ reporter Ray A. Smith discusses the dwindling number of remote job opportunities and what that signals about the changing shift in the power dynamics between employers and employees. Luke Vargas hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:34.2	Germany agrees to send tanks to Ukraine, plus what trends in temp and remote work signal
0:40.4	about the job market and investors pour into money market funds.
0:45.5	After several increases and interest rates, money market rates have gone up as well, so
0:49.7	you can actually get a reasonably decent yield on these instruments which you couldn't
0:53.4	get before.
0:54.4	On Wednesday, January 25, I'm Luke Vargas with the Wall Street Journal, and here's the
0:59.1	AIM edition of What's News, the top headlines and business stories moving your world today.
1:10.3	Germany will send 14 modern leopard tanks to Ukraine as part of a coordinated ramping up
1:16.4	of Western support for Kiev, a government spokesman said Wednesday, ending weeks of debate
1:22.1	among allies over whether to send the weapons.
1:25.4	In addition to pledging German tanks, Berlin said that other countries would provide German
1:30.8	made tanks out of their own stocks.
1:34.0	Journal Germany correspondent Bojan Punchewski has the latest.
1:37.7	This decision basically follows a week or so of intense diplomacy between Mr. Schultz
	...

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