The JOLTS data are typically a bit stale, but still serve as a good approximation of demand and slack within the labor market ...
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 ...
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 ...
What is commonly known as the labor market remains an inevitable feature of an economic system that converts everything into a commodity. Not surprisingly, the economist who understood this system ...
Labor market data shows a continued cooling trend, with job openings and hiring both edging lower, signaling stagnation rather than sharp contraction. Firms are cautious, slowing expansion without ...