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 …
The LinkUp Blog
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 …
Getting a pulse on the Healthcare Industry
Jeni Kramer
The healthcare industry remains in the spotlight, where it has been firmly planted since the pandemic began. Now with the rapid evolution of Delta and the new wave of cases that have come with it, we see story after story …
Jobs Recap: July 2021
Nic Gustafson
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 …
Bid/Ask Spread in Job Market Narrowing; July Non-Farm Payrolls Will Surprise to the Upside
Toby Dayton
It’s most definitely Deja vu all over again. The re-emergence of heated debates these days around full-employment, NAIRU, Fed policy, tapering, and the mirage of bipartisanship in a Senate that still includes Mitch McConnell, not to mention reading the symbols …
Just released: Economic Indicator Report Q2 2021
Nic Gustafson
As the 2021 labor market continues to distinguish itself from the rollercoaster of 2020, LinkUp’s job listing data provides a unique view into the state of the US economy. In the most recent edition of our Economic Indicators Report, we …
Job Market Maintains Goldilocks Perfection
Toby Dayton
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 …
Jobs Recap: June 2021
Nic Gustafson
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 …
Wage inflation: Overhyped or rising concern?
Nic Gustafson
Wage inflation has been a hot topic of late, with many employers saying that they are having to raise compensation to attract workers. This is an area that touches every corner of the economy as labor is a key input …