The US added 911,000 fewer nonfarm jobs in the year through March than previously reported, based on a new preliminary estimate.
The nation’s highly anticipated monthly job reports have turned into the boy who cried wolf. Ever since the pandemic, these labor market estimates have been wildly inaccurate and required significant ...
While AI and geopolitical risks dominate the market narrative, we continue to closely track a more traditional driver of the economic cycle: the labor market.
Paul Toomey is the President of Geographic Solutions. He's an expert in labor market data, workforce development and unemployment insurance. Over the last 140 years, the United States’ ability to ...
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 ...
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 labor market is “essentially going sideways,” according to Eric Johnston, chief equity and macro strategist at Cantor Fitzgerald, who characterized current conditions as weak but not necessarily ...
Anthropic paper’s empirical core comes from a much narrower source than its title suggests. As result, it should not be read as a measure of AI’s labor-market impacts.
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Labor markets around the world are being reshaped by powerful trends, including rapid advances in Artificial Intelligence (AI), population ageing in some regions and youth bulges in others. AI’s ...
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