Economy

Spring up It is a time of renewed growth—budding trees, blooming flowers, basketball madness, and elevated job openings. We are halfway between the holiday and summer slowdowns (much like October which tends to be another strong month for job growth). Employers are …

It’s been a long while since we were so delinquent in getting our non-farm payroll forecast published, and at the 11th hour there isn’t much time for commentary, so we’ll dispense with it and get straight to LinkUp’s job market …

Last week major drug executives sat in the hot seat on Capitol Hill for questioning on the exploding costs of prescription drug prices in the U.S. While their share prices weathered the initial storm, the unwanted spotlight is not going away. We decided …

As we wrote in last month’s post regarding our non-farm payroll forecast for January, we were unable to leverage month-end LinkUp data for January since the jobs report fell on February 1st (this is one of the many changes we …

While the longest government shutdown in history was estimated to cost the economy $3 billion, our January data shows it has had little to no impact on job openings. Government job openings were flat between December and January, and the Bureau of …

It seems like every day there are stories in the news about retailers closing stores or filing for bankruptcy. As 2019 commences, everyone is getting into the guessing game of who will file for bankruptcy next. At LinkUp we have a …

It’s abundantly clear from our jobs data that job growth across the U.S. during 2018 was disproportionately concentrated in western and mountain states. Digging deeper, it appears this was largely driven by job growth in two major sectors: Construction and Health Care (because where …

By almost every measure, the U.S. labor market vastly exceeded everyone’s expectations in 2018, including our own. Reversing what was largely seen as an incontrovertible continuation of the 3-year decline from a peak of 3.1 million jobs added in 2014, …

In this time of almost “full employment” we are seeing bonuses relied on more heavily as a recruiting tool. In fact, companies are putting the word “Bonus” right in job titles to grab candidates’ attention. In the LinkUp database, we’ve …

As we wrote last month in discussing LinkUp’s Job Duration metric, as the job market has reached epic levels of over-heatedness, companies have taken to extreme measures to fill positions as quickly as possible, often offering jobs to minimally qualified applicants …