Job Market Refuses to Soften, Fed Gets More Stuffing for Rate Hikes: Layoffs, Quits, Job Openings, Hires by Wolf Richter • Nov 1, 2022 • 108 Comments Still a contorted labor market with massive churn and job hopping, but slightly less than in early 2022. Only retail is back to the old normal.
Most Contorted Job Market Ever Struggling to Revert to Normalcy? by Wolf Richter • Oct 7, 2022 • 154 Comments Last jobs report before next Fed meeting. Not giving the Fed any material for second thoughts about ratcheting up its rates.
Layoffs, Quits, Job Openings, Hires: Slight Softening of Contorted Labor Market, Still Massive Churn & Job Hopping by Wolf Richter • Oct 4, 2022 • 47 Comments The Fed gets more rate-hike material. Only retail trade is back to normal.
Laid-Off Workers Hired Quickly by Other Companies: This Labor Market Is Astonishingly Strong, Fuel for Fed Inflation Worries by Wolf Richter • Sep 29, 2022 • 145 Comments It’s already playing a key role in every one of Powell’s press conferences.
Stock Selloff, Collapse of Cryptos, Meme Stocks & SPAC/IPO Zombies Bringing Day Traders Back into the Labor Force? by Wolf Richter • Sep 2, 2022 • 173 Comments Interesting stuff happening in the labor market, suddenly.
This Labor Market Still Defies any Slow Down: Layoffs, Quits, Job Openings, and Hires by Wolf Richter • Aug 30, 2022 • 116 Comments Historic-low layoffs, astronomical job openings, aggressive hiring, massive churn & job hopping: Weirdest labor market ever.
Recession Watch: This Labor Market is Not There Yet, Nor Are Consumers by Wolf Richter • Aug 25, 2022 • 183 Comments Over the decades, recessions were preceded by spikes in unemployment claims. We keep our eyes on them as the recession watch has begun.
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.