Labor market conditions are similar in regions that are near each other. This is called positive spatial correlation. Analyzing county-level data from 1990 to 2024 shows that commuting flows may ...
The mainstream media was predictably quick to denounce the labor market as weak according to November’s jobs report, but the talking heads are simply wrong. That alleged weakness is almost entirely ...
An unsettled labor market is usually an indication of a troubled economy. In fact, a rapidly increasing unemployment rate characterizes the start of recessions. Therefore, a timely and accurate ...
The labor market may feel uncertain, but the data tells a clear story: Hiring is sluggish, labor shortages are looming, and employers that use real-time insights can adapt faster and stay competitive.
September labor market data signals a gradual cooling, with ADP reporting unexpected job losses and Challenger showing weak seasonal hiring demand. Labor demand is softening, as seen in ADP and ...
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