Despite disarray in Washington, it seems the economy is faring well in 2017. Unemployment is low, consumer and business spending is up, and homes are selling like hotcakes. These positive signals don’t come without challenges, of course, which include slow-to-stagnant …
Meg Slindee
Amid the difficult news surrounding events in Charlottesville early this week, you may have missed President Trump’s declaration of a national emergency regarding the country’s opioid epidemic. This declaration gives states and federal agencies additional resources to combat the growing problem. …
The prediction business can be a tough gig at times – less so, to be sure, when one has a phenomenal dataset to work with, but even then it can be challenging at times. One of the toughest aspects related …
The United States health care system is transforming in radical ways. As the industry evolves, job demands evolve with it. Many parts of the country are experiencing a shortage of trained health care professionals. This problem is escalated by the …
For good reason, there is a great deal of fear, uncertainty, and doubt about the job market these days. Earlier this month, the Fed surprised almost no one by raising interest rates in part because of the strength of the nation’s …
For the 2nd month in a row, new job openings on LinkUp declined from the previous month and total jobs were essentially flat, pointing to a job market that might be starting to slow down to some degree. Based on …
Toby Dayton
With the 1st of the month falling on the Thursday before ‘Jobs Friday,’ we will be posting our non-farm payroll (NFP) forecast and jobs report for May in two parts this week. This shortened first post will include just the …
Toby Dayton
But we weren’t the highest outlier…
The temperatures are rising as spring heats up, but the job market in Orange County, California, is cool as a cucumber. Job openings in the 3rd most populous county in sunny California (behind Los Angeles and San Diego) hit a …
It’s been on my ‘to-do’ list for a few NFP forecast blog posts, and for better or worse, I am going to highlight here a change to our NFP forecasting methodology. Not only is it a bit overdue, but it …
