Job Growth Back to Normal Pre-Covid Pace, Wage Growth Still Higher: Longer-Term Employment Trends by Industry by Wolf Richter • Jul 5, 2024 • 50 Comments Huge undercount of immigrants since 2022 messes up employment data in the household survey.
The Desire to Be “Your Own Boss” in America by Wolf Richter • Jun 9, 2024 • 124 Comments “You can’t always get what you want… but if you try sometimes, well, you might find, you get what you need…”: The Rolling Stones
Longer-Term Trends of Employment by Industry Category by Wolf Richter • Jun 8, 2024 • 53 Comments New highs in employment: Construction, Professional & Business Services, Healthcare, Wholesale trade. Declines in Information.
A Jobs Report You’d Expect from an Economy Humming along in an Inflationary Environment by Wolf Richter • Jun 7, 2024 • 95 Comments Three-month averages have been steadfast: higher-than-normal job creation and wage increases.
This Labor Market Is Still Tight, Just Not as Crazy-Tight as it Was by Wolf Richter • Jun 4, 2024 • 52 Comments Layoffs & Discharges drop further, and are far lower than before the pandemic, as employers cling to their workers.
Remember Headlines 2 Weeks Ago, Labor Market “Suddenly” Weakens as Unemployment Claims “Spike”: It just Got Unwound by Wolf Richter • May 23, 2024 • 78 Comments Our Favorite Recession Indicator shows next recession keeps moving further out.
Our Favorite Recession Indicator: Next Recession Keeps Moving Further Out by Wolf Richter • May 9, 2024 • 181 Comments It’s time again to look at the trends in claims for unemployment insurance benefits.
Which Industries Lost Jobs, Which Gained Jobs: Longer-Term Employment Trends in Charts by Wolf Richter • May 3, 2024 • 49 Comments New all-time highs: Construction, Professional & Business Services, Healthcare, Wholesale trade. Layoffs whack Information.
Jobs, Wages, Mass Immigration, Full- and Part-Time Workers, Unemployment, Prime-Age Participation Rate, and Multiple Jobholders (who are they anyway?) by Wolf Richter • May 3, 2024 • 71 Comments But the undercount of mass-immigration distorts the household data.
Nothing in the Jobs Report Indicates the Fed Should Cut Rates: Labor Market Plugging Along Just Fine despite 5.5% Rates by Wolf Richter • Apr 5, 2024 • 73 Comments And wages rose at a good clip too.
