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.
How the Huge Wave of Immigrants into the US in 2022 and 2023 Impacts the Employment Data of the BLS Household Survey by Wolf Richter • Apr 3, 2024 • 112 Comments The BLS uses the Census Bureau’s understated population estimates that ignore the surge of immigrants. But the CBO’s estimates pick them up.
This Labor Market Is Not Loosening Further: Fed Gets More Reason for Wait-and-See by Wolf Richter • Apr 2, 2024 • 86 Comments But the headlines-grabbing layoff announcements had the effect of calming the churn.
Employment Trends in Manufacturing; Construction; Oil & Gas; Professional & Business Services; Information; Healthcare; Retail; Leisure & Hospitality; Finance; Transportation… by Wolf Richter • Mar 8, 2024 • 99 Comments The Good, the Bad, and the Ugly?
