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Some reassuring news: The Census Bureau reported that retail sales were up a full percent in July from the month before.
Labor songs were sung at home, on the job and on the picket line. Let’s look at the history, starting with “Harlan County, U.S.A.”
While decreasing numbers of temporary workers can be a leading recession indicator, economists say this time might be different.
The Bureau of Labor Statistics’ monthly survey doesn’t track jobs added or subtracted due to AI – at least not yet.
The survey of employers was created to help answer puzzling questions about labor.
The Phillips Curve says that low unemployment is linked to high inflation. But history shows that the economy doesn’t always work that way.
It’s one of those terms we hear attached to economic data all the time. But what is seasonal adjustment and how is it done?
So government stats on job openings may not be telling us much.
Tech companies may have over hired in the pandemic. Now, AI and other economic forces are creating a shrink in the tech sector.
There has been a wave of migration to the U.S. — legal and not — since 2022. Many who entered are finding and keeping jobs.