UNO Economist Offers Takeaways on Latest BLS Jobs Report – University of Nebraska Omaha

Christopher Decker, Ph.D., Lucas Diamond professor and professor of economics within UNO’s College of Business Administration, poses for a portrait in Mammel Hall.
The first jobs report of 2022 issued by the U.S. Bureau of Labor Statistics showed positive growth, but a UNO economist writes that there are some reasons for concern looking forward.
Christopher Decker, Ph.D., professor of economics within UNO’s College of Business Administration, provided his analysis of the report in an article published by The Conversation.
Despite continued growth, employers are having a hard time finding workers with the number of job postings far outnumbering the number of hires being made. In addition, Decker writes that the labor market has not yet felt the impact of the COVID-19 omicron variant.
“This may all sound a little downbeat given that the December jobs report did show gains,” Decker writes. “Growth is growth – it is just that the risks to the economy are quite high right now.”
Read the full article on The Conversation’s website, Yahoo! News, and dozens of other news outlets nationwide that republished the story.
 
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