Despite recession fears and falling consumer confidence, the job market in the United States has remained relatively stable in 2025 thus far. According to May 2025 Bureau of Labor Statistics data, around 177,000 new jobs were added in April, a slight decrease from the 185,000 new jobs added in the month before, but an extension of the country’s 52-month streak of job growth. Unemployment rates also held relatively steady between April 2024 and April 2025, coming in at around 4%.
Of course, that doesn’t necessarily mean Americans have it easy in the workplace. A December 2024 Payscale report found that nearly half (47%) of business organizations struggle to balance fair pay practices with spend optimization, and 18% plan to reduce pay increases in 2025 as a result.
For context, median weekly earnings across all employees in the U.S. stood at $1,194 in the first quarter of 2025. This represents an increase of 4.8% from a year prior and exceeds the Consumer Price Index’s 2.7% increase in the same time period. However, there’s one caveat: Earnings go much further in some places than in others…