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.
Despite All Moaning and Groaning: Layoffs & Discharges Plunge, Hires and Voluntary Quits Rise, Driven by Private Sector Strength by Wolf Richter • Apr 29, 2025 • 123 Comments The labor market started regaining momentum in the fall of 2024, and it continued through March.
The Stock Market May Be in Trouble and Consumers May Be in a Sour Mood, But the Labor Market Is Just Fine by Wolf Richter • Apr 4, 2025 • 183 Comments Despite the furor over government job cuts, tariff chaos, and what not.