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.
How the Massive Gains in Average Hourly Wages Look Ludicrous Compared to the Reality of Spiking Prices by Wolf Richter • Apr 1, 2022 • 175 Comments Rents, houses, used and new vehicles, gasoline, groceries, forget it, hahahaha
Labor Shortages Shift to Higher-Paying Industries, “Quits” Decline for Second Month but Still in the Astronomical Zone by Wolf Richter • Mar 9, 2022 • 90 Comments Is the collapse of the formerly high-flying stocks bringing day-traders back into the labor force?
Even Soaring Wages Got Crushed by Inflation in Hot Labor Market: Fed Gets More Rate-Hike Ammo (as if it Needed More) by Wolf Richter • Mar 4, 2022 • 105 Comments Production and nonsupervisory employees had biggest year-over-year wage gains since 1982, but they too were outrun by inflation.
