Recession Mongers Shocked & Horrified by this Surge in Employment by Wolf Richter • Aug 5, 2022 • 165 Comments They’re praying for a recession to “force” the Fed to pivot. But it’s tough to have an official recession with employment growing, wages surging.
Layoffs, Discharges, Quits, Job Openings, and Hires: Still Massive Churn & Job Hopping, but Losing Some Steam by Wolf Richter • Aug 2, 2022 • 87 Comments Weirdest labor market ever gets a little less weird.
Big Tech & Startups Getting Ready for Reality: Shedding People, Offices, and Warehouses by Wolf Richter • Jul 27, 2022 • 126 Comments It’s kind of sobering. Reality has that effect, after a drunken binge.
I Want to Add a Word about Ageism in this Bizarre Labor Market and How it Hits Labor Force & Unemployment Numbers by Wolf Richter • Jul 8, 2022 • 289 Comments And there was nothing in this jobs report to spook the Fed out of tightening.
Tech Layoffs & Hiring Freezes Only Made Tiny Dent in Red-Hot Labor Market in May by Wolf Richter • Jul 6, 2022 • 185 Comments Enormous churn and job hopping amid aggressive hiring, near record low layoffs, near record high job openings and quits.
What I think Musk Did, Genius Manipulator he is, by Threatening to Decimate Tesla’s Salaried Staff & Management while Increasing Headcount of Factory Workers by Wolf Richter • Jun 3, 2022 • 270 Comments He has a rebellion over WFH on his hands, not a demand problem for EVs, and is knuckling them into submission.
These Jobs Reports Are Not Good for Stocks by Wolf Richter • Jun 3, 2022 • 160 Comments And the Fed can see the budding Wage-Price Spiral too.
First Big Drops in Astronomical Job Openings in Key Sectors, But Spikes to Record in Manufacturing & Construction by Wolf Richter • Jun 1, 2022 • 114 Comments Layoffs at record low, “quits” near record high with huge number of “hires,” amid massive churn as people go job-hopping.
Complexities of a Messed-Up Labor Market: Why a Crackdown on Inflation Might Bring People Back into the Labor Force by Wolf Richter • May 6, 2022 • 129 Comments Wages Surged, But Raging Inflation Crushed the Purchasing Power of those Wages.
A Recession Might Just Eat Some of the 11.5 Million Job Openings, Labor Shortages, Other Shortages, and Not Create Much Unemployment by Wolf Richter • May 3, 2022 • 200 Comments A soft landing, cushioned by excesses, for an economy that has gone nuts.
