Alphabet Shows the Mega-Layoff Announcements Were Just That, Headcount Dropped Far Less and is Rising Again by Wolf Richter • Oct 25, 2023 • 52 Comments But the layoff announcements across tech and social media were effective in re-explaining to workers who the boss is.
My Favorite Recession Indicator: No Recession in Sight Yet by Wolf Richter • Oct 19, 2023 • 129 Comments There will be a recession someday, there’s always one eventually. But not yet.
A Jobs Report You’d Expect from an Economy Plugging along Just Fine (What a Bummer?). Thing about Multiple Jobholders by Wolf Richter • Oct 6, 2023 • 208 Comments The number of jobs created was even upwardly revised, for a change.
What, the Tech & Social Media Layoff Queens Are Hiring? Trends in Job Openings, Hires, Layoffs & Discharges, Voluntary Quits by Wolf Richter • Oct 3, 2023 • 54 Comments Still a tight labor market for many industries, but the massive churn slows.
Sign of Tight Labor Market, Strength of Ecommerce: Amazon to Hire 250,000 for Holidays, up from 150,000 Last Year, Boost Wages, Offer Sign-on Bonuses by Wolf Richter • Sep 20, 2023 • 48 Comments While fewer and fewer Americans head to the malls.
My Favorite Recession Indicator: The Next Recession Moves Further out of Sight by Wolf Richter • Sep 7, 2023 • 221 Comments There will be a recession, there’s always a recession eventually. But we’ll just have to keep watching for it.
Labor Force Spikes, Wage Pressures Stuck at High Levels, Job Market Sorts Out the Distortions from the Pandemic by Wolf Richter • Sep 1, 2023 • 88 Comments With the labor force surging, did they all get jobs? No. But many did.
Massive Churn in the Labor Market Slows: Layoffs and Discharges, Voluntary Quits, Job Openings, and Hires by Wolf Richter • Aug 29, 2023 • 88 Comments Psychological effect of the barrage of layoff news? Workers give up some of their new sense of power, keep their nose to the grindstone, quit quitting.
Powell’s Inflation Nightmare: Job Seekers, incl. the Employed, Suddenly Expect Massively Higher Wages in Job Offers by Wolf Richter • Aug 21, 2023 • 222 Comments And the offered wages that job seekers actually received also spiked massively as employers comply with a new reality.
I’ll Just Crush the Stupid Stuff in the Social Media about Disability Claims. In Reality, Claims Dropped to 20-Year Low while People with a Disability Are Employed in Record Numbers by Wolf Richter • Aug 5, 2023 • 124 Comments This is a big benefit to the US economy on many levels.