Marketplace All-in-One What's next for the job market in 2026
Dec 31, 2025
Mitchell Hartman, a Marketplace reporter specializing in labor and employment, dives into the shifting job market outlook for 2026. David Wagner, an LAist reporter, discusses Los Angeles' new rent control regulations and their impact on tenants. Mia Sato from The Verge explores the intriguing concept of 'shopaganda' and how influencers are changing consumer habits. Finally, Maria Hollenhorst sheds light on the economic rise of tribute bands, revealing how they thrive amid rising concert prices and challenging market conditions.
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Labor Market Cooling Despite Low Claims
- The job market is cooling despite a recent drop in weekly unemployment claims that may be seasonal noise.
- Employment growth is uneven, concentrated in high-end AI and construction roles, which may not drive broad hiring.
Wages Slowed And Job Switching Declined
- Wage growth among small employers is under 3% and workers are less likely to switch jobs than in prior years.
- Concentrated GDP growth in AI and related construction may not translate into wide job gains, says Andrew Stettner.
Watch Hours As A Hiring Signal
- Employers often increase hours for existing staff before hiring, which can precede new hires.
- Watch hours worked as a leading indicator for potential hiring, suggests Frank Fiorelli.