darvin
@darvin.bsky.social
Reposted by darvin
Real wages have grown in every region of the country this year: from 4.0% in New England to 0.9% in the East South Central division.
This shows median wage growth rates within worker for each Census division less division's consumer price index growth rate.
📈📉
This shows median wage growth rates within worker for each Census division less division's consumer price index growth rate.
📈📉
July 6, 2023 at 8:13 PM
Real wages have grown in every region of the country this year: from 4.0% in New England to 0.9% in the East South Central division.
This shows median wage growth rates within worker for each Census division less division's consumer price index growth rate.
📈📉
This shows median wage growth rates within worker for each Census division less division's consumer price index growth rate.
📈📉
Reposted by darvin
The crux of a debate last year about the possibility of a 'soft landing' was whether or not job openings could rapidly decline without a resulting spike in job loss.
As of May 2023, job openings have declined 18% from their March 2022 peak.
And yet . . .
As of May 2023, job openings have declined 18% from their March 2022 peak.
And yet . . .
July 6, 2023 at 3:06 PM
The crux of a debate last year about the possibility of a 'soft landing' was whether or not job openings could rapidly decline without a resulting spike in job loss.
As of May 2023, job openings have declined 18% from their March 2022 peak.
And yet . . .
As of May 2023, job openings have declined 18% from their March 2022 peak.
And yet . . .
Reposted by darvin
First JOLTS report of the new Econosky era 📉📈
In May:
-Job openings down to 9,824,000, dropping back below 10m.
-Quits rate actually up modestly to 2.6% (from 2.4%) and hires rates up to 4.0% (from 3.9%)
-Layoffs largely unchanged at 1,555,000 or 1.0%
More charts to follow
In May:
-Job openings down to 9,824,000, dropping back below 10m.
-Quits rate actually up modestly to 2.6% (from 2.4%) and hires rates up to 4.0% (from 3.9%)
-Layoffs largely unchanged at 1,555,000 or 1.0%
More charts to follow
July 6, 2023 at 2:05 PM
First JOLTS report of the new Econosky era 📉📈
In May:
-Job openings down to 9,824,000, dropping back below 10m.
-Quits rate actually up modestly to 2.6% (from 2.4%) and hires rates up to 4.0% (from 3.9%)
-Layoffs largely unchanged at 1,555,000 or 1.0%
More charts to follow
In May:
-Job openings down to 9,824,000, dropping back below 10m.
-Quits rate actually up modestly to 2.6% (from 2.4%) and hires rates up to 4.0% (from 3.9%)
-Layoffs largely unchanged at 1,555,000 or 1.0%
More charts to follow
Reposted by darvin
For all the hubbub about JOLTS survey response rates, JOLTS has actually staged a pretty significant comeback since mid-2022. Still worse than the pre-Covid era, but back to 75.2% as of April 2023.
July 6, 2023 at 1:47 PM
For all the hubbub about JOLTS survey response rates, JOLTS has actually staged a pretty significant comeback since mid-2022. Still worse than the pre-Covid era, but back to 75.2% as of April 2023.
