Dozens of FedEx jets queue up for takeoff at the airport here. Beale Street, the heart of the music district, hums with tourists. Yet the empty storefronts in Memphis' moribund downtown and the cash-advance shops strewn near its highways tell another story.
U.S. employers drastically slowed their hiring in May, adding just 38,000 jobs, the fewest in more than five years and a sign of concern after the economy barely grew in the first three months of the year.
A new poll says more than 40 percent of America's baby boomers stayed with their employer for more than 20 years. But it's unlikely that their children or grandchildren will experience the same job tenure.
More than two-thirds of the nation’s metro areas saw an increase in construction jobs between March 2015 and March of this year, according to a report from a national association of general contractors.
Laid-off construction workers could find themselves under greater pressure to leave the industry following a new law that further defines what sorts of jobs they must take to keep receiving unemployment benefits.