As we stated in a blog post last June, and it’s even more the case today, at no time in the past 20 years has the intensity of the focus on the job market been stronger. While the economy has …
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Monthly jobs recap: Jobs are down, even in tech
Nic Gustafson
Job listings in the U.S. were down 2.8% in June, with 94% of states seeing jobs drop. The states with the highest rates of decline include South Dakota (-10.1%), Maryland (-7.9%), and Missouri (-5.7%). The only states seeing job listings …
Having just returned from some time off and a tight deadline before tomorrow’s jobs report, I’ll skip the job market commentary this month and jump straight to our jobs data and our corresponding non-farm payroll forecast for June. In June, …
Last week, Apple launched Apple Pay Later at its annual developer conference. Apple Pay Later allows iPhone and Mac users in the United States to pay for purchases in four payments over the span of 6 weeks, with no interest …
A recession is starting to look like a possibility. Household budgets are being squeezed by decades of rising inflation, housing costs are continually breaking records, and consumer confidence is plummeting. As a result, customers are less likely to spend money …
Employment markets have changed a lot since Covid-19 entered the world. Millions of people lost their jobs on short notice. For big, public companies this is often major news. For private companies, the trauma is no less real but often …
Recent earning reports have revealed retailers are facing higher costs, and stocks are dropping. Labor and transportation costs are on the rise, and companies are likely to pass on increasing costs to consumers. We took a look at our job …
Hiring Freezes: Public vs. Private
Nic Gustafson
Over the past few weeks, there have been several notable hiring freezes and layoffs announced at publicly traded companies. Big brand names like Carvana, Facebook, and Twitter, are making big hiring changes. Recent macro events, including increasing interest rates, inflation, …
Autonomous vehicles job market race heats up
Siying Liu
Tesla, the world’s most famous electric vehicle giant, reported its first-quarter performance on April 20th, with impressive margins and increasing sales. The company detailed revenues of $18.76 billion and $2.86 in earnings per share, up from $10.389 billion in revenue …
Netflix stock falls, following their jobs trend
Nic Gustafson
Netflix stock has plunged after their most recent earnings call—and their job listings have been doing the same over the past year. As we called out in our recent post, Netflix was the only company in the FANGMAT group with …
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