All the news about layoffs, especially in tech, can obscure what is in many other ways a strong labor market. Wage growth and inflation offer mixed news, … Read more
Is a 2023 Recession Inevitable?
To kick off the year, the first economic and labor-market data released have been mostly positive. And given the pessimistic sentiment that has lingered … Read more
A (Mostly) Positive Labor Market Forecast for 2023
The year is closing with another strong employment report from the U.S. Bureau of Labor Statistics. For November, the U.S. economy added 263,000 jobs, and … Read more
The Usual Headlines Aren’t Telling the True Story About the Labor Market
The U.S. labor market added 261,000 jobs in October. It was another very solid month of job gains, and it pushed the year-to-date total to almost 4.1 … Read more
A Cooling Economy, a Hot Labor Market
Despite actions taken by the Fed to stifle inflation by slowing the economy — and therefore labor demand — many indicators for the labor market remain … Read more
Labor Market Posts Solid Results, but Some Industries Show Signs of Slowing
The U.S. labor market added a very robust 315,000 jobs in August, which was in line with economists’ expectations. The prior month’s report showed an … Read more
The Positive But Puzzling Summer of Labor Market Trends
The first Friday morning of each month, we wait anxiously for the latest labor market report from the U.S. Bureau of Labor Statistics. We have a rough … Read more
Labor Market Strong Despite Inflation and Recession Fears
In last month’s column, I detailed how the labor market could be impacted in the second half of this year based on factors such as inflation, interest rate … Read more
A Looming Storm Threatens the Labor Market
The latest month’s job report still showed strong job gains, but concerns about a slowdown are mounting. Based on figures recently reported by the U.S. … Read more
The Agony and the Ecstasy of Today’s Labor Market
Today’s Labor Market — The Good News The labor market continues to crank out some astonishing numbers despite several factors that could disrupt progress. … Read more