Preston Mui
154 postsLabor Market Recap February 2023: A Strong Labor Market Keeps Participation High
The data from the February labor market show continued labor market strength. Almost all employment-based indicators show improvement from the previous month, even as the general trend of...
Quits vs. Openings: The Fed Needs To Choose Wisely
For months now, the JOLTS job openings have told a divergent story from other labor market indicators, such as quits, hires, and employment-based measures. This month’s data...
Was the Labor Market Really that Tight? Evidence from Employer to Employer Transition Rates
Just how tight is the labor market? It depends on which measurement you pick! Some economists look to the unemployment rate, or to its difference from some estimated,...
Labor Market Recap January 2023: Disinflation Amidst Labor Market Strength
Labor Market Recap January 2023: The data from the January labor market show an unequivocally strong labor market. Nearly every indicator from every data source is showing strong...
