Free Trial
ENERGY

What to Watch

EQUITIES

Estoxx future edges to session high

CZECHIA

CPI Slows to +15.1% in October

SILVER TECHS

Bullish Price Sequence

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

(RPT)MNI INTERVIEW:Self-Employed Could Keep US Joblessness Low

(MNI) WASHINGTON

Self-employed workers make up almost 11% of the U.S. workforce and the share is rising, St. Louis Fed economist Victoria Gregory says.

(Repeats story first published on Sept 1)
The share of self-employed workers is rising rapidly in the U.S. economy as people embrace more flexible work arrangements post-Covid, and the trend could put downward pressure on the unemployment rate even as hiring slows, Federal Reserve Bank of St. Louis economist Victoria Gregory told MNI.

The self-employed , or those who report earning most of their income from self-employment, made up almost 11% of the 157 million employed workers in the U.S. at the start of the year, according to Gregory's analysis of detailed BLS household survey data, roughly a percentage point higher than 2019.

Keep reading...Show less
507 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.

(Repeats story first published on Sept 1)
The share of self-employed workers is rising rapidly in the U.S. economy as people embrace more flexible work arrangements post-Covid, and the trend could put downward pressure on the unemployment rate even as hiring slows, Federal Reserve Bank of St. Louis economist Victoria Gregory told MNI.

The self-employed , or those who report earning most of their income from self-employment, made up almost 11% of the 157 million employed workers in the U.S. at the start of the year, according to Gregory's analysis of detailed BLS household survey data, roughly a percentage point higher than 2019.

Keep reading...Show less