Powell’s Nightmare: Wage Growth, after Signs of Losing Altitude, Re-Accelerates by Wolf Richter • Aug 4, 2023 • 216 Comments Inflation is just going to stick around for a while, it seems.
Layoffs and Discharges Fizzle, after Spurt in Early 2023 by Wolf Richter • Aug 1, 2023 • 74 Comments The layoff-hype wrung the sense of power out of workers they’d briefly enjoyed. But that’s about all that has happened.
What Alphabet’s Layoffs, Current Headcount, and Unemployment Claims Tell us about the Erstwhile Tech Layoff Tsunami by Wolf Richter • Jul 27, 2023 • 64 Comments Tech & social media companies went nuts during the pandemic hiring-bubble, then sobered up. Now it’s already over.
Companies Now Hiring Faster than Laying Off: A Favorite Recession Indicator Has Now Backtracked for 3 Months by Wolf Richter • Jul 13, 2023 • 123 Comments But the layoff announcements in the media scared workers into surrendering some of their newly found power.
The Long View of Job Growth by Industry: Some Gained Jobs; at Others, Jobs Got Crushed by Wolf Richter • Jul 7, 2023 • 70 Comments To shed some additional light on the jobs report.
Landing Still Cancelled: Labor Market Cruises through Updrafts and Air Pockets by Wolf Richter • Jul 7, 2023 • 131 Comments But all the breathless layoff-hype in the media scared workers and tamped down on wage growth.
The Four Monster Service Sectors whose Sales Dominate the US Economy by Wolf Richter • Jun 16, 2023 • 166 Comments Their huge sales, dizzying growth rates, and high pay-scales move the needle.
Why Jobs in Retail Are at 2007 Levels: It’s Structural. Jobs in Ecommerce & Services Boomed but Aren’t in “Retail Trade.” And Half of Retail Trade is Moribund by Wolf Richter • Jun 5, 2023 • 84 Comments Walmart U.S. gave us some color: ecommerce sales +27%; grocery sales +12%; non-grocery brick-and-mortar sales -10%.
Long View of Job Growth by Industry. And the “Multiple Jobholders” Question by Wolf Richter • Jun 3, 2023 • 134 Comments To shed some additional light on the jobs report.
Landing Got Cancelled: Job Market Still at Cruising Altitude with Some Bumps by Wolf Richter • Jun 2, 2023 • 229 Comments Even Wage Growth for Nonsupervisory Workers Accelerated. Powell is scratching his head, after all the rate hikes.
