Jobs Reports & Forecasts

For the past 6 months or so, we’ve held the view that while the U.S. is not plagued by a labor shortage, it is, rather, afflicted with a massive bid-ask spread between employees and employers that has essentially frozen the …

Jobs were falling right along with the autumn leaves in October—with nationwide listings down 1.1%. Job listings were down in a majority of states, occupations, and industries as well. This negative trajectory represents a notable shift, particularly at the industry …

As we look back on the third quarter of 2021 we see a labor market still clearly showing stress due to the lingering effects of the pandemic. In the most recent edition of our Economic Indicators Report, we do see …

Regarding the job market, the dominant narrative over the past few months has been that an unprecedented labor shortage is to blame for all sorts of nasty maladies afflicting the nation – evils ranging from the murder of the economic …

September holds mixed messages We begin the fall season on a not entirely positive note. Though job listings are still increasing—active job listings were up 2.7% last month, that’s an increase from the previous month’s 0.6%—the news isn’t all sunshine …

This past May, following a disappointing jobs report for April, we posited that the job market was not afflicted with a labor shortage but rather a wage shortage. In subsequent months, we expanded our argument by laying out the case …

It appears we’re closing the summer on a hot streak as overall job listings continued to rise in August for the 6th month in a row. While the trajectory is positive, the pace of growth continues to slow with August …

There are seemingly endless ways to compare the job markets during the recoveries following the Great Recession and the Global Pandemic, but we’ve reached a particularly noteworthy intersection following July’s jobs report from the BLS. Last month marked the 15th …

We’ll post updated charts later this week when we get our data for August, but we wanted to post the two charts below that show total (below) and new job openings (bottom) in goods and services industries between January 2020 …

Temperatures weren’t the only thing rising in July, as sky high summer heat was accompanied by increasing job listings, with the month up 4.6%. This follows the slowdown observed in June where listings dipped by almost 1%. Reflecting on job demand changes …