Why More White-Collar Workers Are Unemployed for Longer Today

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 6 January 2025

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for Jan. 6. Unemployed workers in certain white-collar sectors are finding it harder to get new jobs. We speak with Wall Street Journal reporter Jasmine Li about what this means for the labor market more broadly. And Canadian Prime Minister Justin Trudeau announces that he plans to step down after nearly a decade in power. Paul Vieira, who covers Canada for the Wall Street Journal, discusses how we got here. Plus, Congress certifies Donald Trump’s election win. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:21.2	Visit your local hub or call their UK-based specialist business center.
0:26.1	Curry's business, powering your business in 2025.
0:33.2	Canadian Prime Minister Justin Trudeau says that he will step down, leaving the government weekend ahead of a possible trade war with the U.S.
0:41.0	Exports to the U.S. are basically the lifeblood of the Canadian economy.
0:45.0	So there is a risk of a bit of a power vacuum here in Canada with a seemingly lame duck prime minister in power that the Trump administration would have to deal with.
0:55.1	And Congress certifies Donald Trump's election win.
0:58.3	Plus, it's taking longer for some unemployed workers to find new jobs in white-collar industries.
1:03.6	It's Monday, January 6th.
1:05.4	I'm Alex Oslo for the Wall Street Journal.
1:07.7	This is the PM edition of What's News, the top headlines and business
1:11.2	stories that move the world today.
1:16.2	We start today in Washington. Congress smoothly certified President-elect Donald Trump's
1:21.3	electoral victory. Shortly before 1 p.m., Vice President Kamala Harris, serving as the president
1:26.5	of the Senate, walked onto the
1:28.4	House floor to preside over the certification of the election she lost. In response to the attack on
1:33.7	the Capitol by Trump supporters on January 6, 2021, Congress passed legislation that makes it clear that
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