Labor Market Recap May 2024: Still Cool
The totality of the evidence points more towards a cooling (but still good!) labor market than heating up, despite the payroll prints.
Wages
46 postsLabor Market Recap April 2024: What Reacceleration?
The data is consistent with those hoping for a soft landing—and soft landing cuts.
Labor Market Recap March 2024: America Stays Employed
This is overall a good jobs report. Job growth is solid, and there are no obvious signs of weakness.
Labor Market Recap, February 2024: Back to "Slowing, but Strong"
After what appeared to be (on the surface and at first glance) a hot January, the labor market data for February 2024 signaled a return to the narrative we followed throughout last year: the labor market is slowing, but remains strong.
Labor Market Recap December 2023: Some Concerning Signals Under a Lot of Noise
In December, the labor market risks shifted further over towards unemployment.
