Monthly employment reports provide crucial snapshots of labor market health, but headline numbers often mask important underlying trends. We assess wage growth patterns to determine whether workers are receiving their fair share of economic growth, and analyze labor force participation rates to identify barriers to employment.
Jobs Day
Read the Latest
Read the Latest
56 Posts
Jun 02, 2023
The data from the May labor market shows continued renormalization of the labor market, with strong employment, continued slowing of wage growth, and reduced churn.
Jobs Day
|
Jun 01, 2023
This preview was originally published two days ago. It has been updated to reflect the additional information from JOLTS and the flurry of Fedspeak yesterday. Baseline View Slower job growth, slower wage growth, an unemployment rate that might fall to a new record low. In light of mixed JOLTS report
|
Jobs Day
|
May 30, 2023
We are now at the point where many labor market utilization numbers—unemployment, employment, participation, full-time employment—are beyond pre-pandemic levels. We shouldn’t treat 2019 as a goal to return to; new highs are both possible and desirable.
|
Employment
|
May 03, 2023
What the data tell us to expect this Friday — softer nonfarm payroll growth, a higher unemployment rate and a potential for permanent job losers to rise.
Employment
|
Apr 07, 2023
The data from the March labor market show continued labor market strength. As was true last month, almost all employment-based indicators show improvement from the previous month, even as the general trend of wage growth is downwards. The headline unemployment number fell from 3.6% to 3.5% (as we
Employment
|
Apr 06, 2023
What the data tell us to expect this Friday — softer nonfarm payroll growth, a lower unemployment rate and a wage print that will give us an ok first-read on Q1 wage growth ahead of the more robust Employment Cost Index release later this month.
