A Perfect 10 Jobs Report
The July jobs report obliterated expectations: 528,000 net new jobs, when forecasters had expected 225,000. The U.S. has now...
Category: Recruitonomics
Does Colorado’s Pay Transparency Law Help Recruiters?
Pay is the most important factor when searching for a job, according to a recent poll by Talent.com. And,...
Can The US Be In A Recession With Such Strong Job Growth?
Over 2.7 million people were hired in the first half of 2022 – a shockingly good number. Yet there seems...
How Will Higher Interest Rates Impact the Labor Market?
The Fed’s ongoing fight against inflation will continue on July 27; they have signaled another large jump in their...
Recruitonomics 101: The Fundamentals of Recessions
Recessions are a painful, yet natural, part of economic reality. A recession is notoriously hard to define, but the...
Parents are Suffering from Weak Recovery in Child Care Jobs
The labor market is strong – employment is low, and many sectors have completely recovered the losses from COVID-19....
Unemployment Claims Rising, But From Historic Lows
Fears of a recession have been spreading across the economy but June’s job report proves the labor market has...
Inflation Sky-High at 9.1% in June
The consumer price index hit another 40-year high in June, up 1.3% from May and 9.1% from the year...
No Sign of a Recession in June Jobs Report
The Fed is happy to see strong payroll gains and moderating wage growth in the June jobs report. Payroll...
Job Openings Fell in May. Has Depressurization Begun?
The number of job openings in May was 11.3 million, down slightly from April’s number of 11.4 million. Though...
Consumer Spending Shift Continues
Consumers continued to spend in May, with an increase of 2.1% from one year ago. The shift from goods...
Are We Too Confident in Consumer Confidence?
Inflation is on everyone’s mind, and the mood is souring. The University of Michigan’s Survey of Consumers for June...
Party Like It’s 1998
The bottom 25% of earners are gaining wages at the highest rate since 1998. Nominal wages have been rising...
Visualizing The Current Job Landscape
The current labor market is often described as “tight,” and it may be hard to visualize what that really...
The Fed Announces 0.75 Percentage Point Rise in Interest Rates
The Fed has just confirmed a 75 basis point (0.75%) rise in interest rates – the highest increase since...
Fun Summer Plans? Get in Line
Summer is upon us. School’s out, vacations are beginning, and people are ready to hit their favorite seasonal locales....
Is Wage Growth Driving Inflation Higher?
Inflation was red hot in May. The consumer price index (CPI) rose by 1% in that month alone, and...
Jobs Recovery Is In The Home Stretch
The U.S. economy added a solid 390,000 net new jobs in May 2022. The unemployment rate remained unchanged at...
Demand For Workers Remained Strong In April
Employers are still desperate for workers. Layoffs are rare, despite anecdotes to the contrary. Quitting remained elevated, but the...
The Challenge of Measuring Economic Activity
Determining how the economy is performing is surprisingly difficult. COVID-19 made economists’ jobs even harder, requiring them to develop...