Other companies are licking their chops at finally being able to hire tech workers.
Looking at the supply-and-demand imbalances and structural changes in the labor market, and what it means for employers.
An indication underlying inflation won’t drop significantly just on its own.
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.
Last jobs report before next Fed meeting. Not giving the Fed any material for second thoughts about ratcheting up its rates.
The Fed gets more rate-hike material. Only retail trade is back to normal.
It’s already playing a key role in every one of Powell’s press conferences.
Interesting stuff happening in the labor market, suddenly.
Historic-low layoffs, astronomical job openings, aggressive hiring, massive churn & job hopping: Weirdest labor market ever.
Over the decades, recessions were preceded by spikes in unemployment claims. We keep our eyes on them as the recession watch has begun.