Slowing Supply of Immigrant Labor & Slowing Job Growth Keep the Job Market “in Balance” and the Unemployment Rate Low, Push Up Wages. Powell Talked about It by Wolf Richter • Aug 1, 2025 • 138 Comments The Fed’s dual mandate is “stable prices and maximum employment, not so much growth” in employment, he said at the press conference.
About this Churn in the Job Market by Wolf Richter • Jul 29, 2025 • 26 Comments The epic red-hot turnover in the labor market in 2021 and 2022 that had reshuffled the entire work force is over.
Beneath the Surface of the Employment Report: How Jobs Evolved by Industry over Time, Winners & Losers by Wolf Richter • Jul 3, 2025 • 26 Comments The job creation machine is running at a decent pace, unemployment is historically low, but it’s not evenly spread across all industries.
Underlying Labor Market Dynamics Are Solid, Recession Stays on the Back Burner by Wolf Richter • Jul 1, 2025 • 34 Comments Companies don’t just suddenly drop everything to stew in their own juices.
That Drop in Consumer Income in May Was a False Recession Alarm by Wolf Richter • Jun 27, 2025 • 29 Comments Wages & salaries rose at a solid pace, but Social Security payments returned to trend after a spike in April due to policy changes.
Excluding Federal Government Jobs, Payrolls Grow by 161,000 in May, Wages Jump, Despite All Moaning and Groaning by Wolf Richter • Jun 6, 2025 • 34 Comments Federal government jobs fell by 22,000, to the lowest share of total payrolls since… whenever.
Hiring in the Private Sector Surges, Despite All Moaning & Groaning about the Economy or Whatever by Wolf Richter • Jun 3, 2025 • 93 Comments Layoffs & discharges as share of payrolls remain historically low: But the immense pandemic-era churn in the labor market has slowed.
As Tech Jobs Plunge in San Francisco & Silicon Valley, Housing Reacts: Condo Prices Drop Back to 2015, Single-Family Home Prices Back to 2018 by Wolf Richter • May 21, 2025 • 94 Comments The massive 10-year home-price spike to 2022 was more than the economy could bear and did a lot of damage, including to employment, as we can see.
Recession Watch: Time to Dig Out Our Favorite Recession Indicator Again by Wolf Richter • May 8, 2025 • 101 Comments Recession talk is swirling densely all over the place, so let’s have a look.
Labor Market Is Just Fine Despite Dropping Federal Government Jobs, Media-Driven Moaning and Groaning, and Tariff Chaos by Wolf Richter • May 2, 2025 • 81 Comments The millions of immigrants that arrived in 2021-2024 finally get picked up in the data for labor force and total employment, which continued to spike.
