In our Non-farm Payroll forecast earlier this month, we highlighted the yawning chasm of the bid-ask spread between employers and employees these days and touched on some of the structural mechanics of the job market in the context of how …
Looking back at the month of June, we see growth has slowed and the labor market appears to be leveling off. The month brought the first signs that the job market is cooling down. It’s not quite a summer slump, …
In March and April of last year, as the pandemic swept across the globe, 22 million Americans lost their jobs, either temporarily or permanently. Between May and the end of last year, 12 million of those jobs were recovered, leaving …
