The monthly jobs report garners a great deal of attention from economists, the media, and politicians. However, much more interesting than the national data is the underlying statistics on job creation by state. The bottom line is that there is tremendous variation from...
One of the most closely watched economic indicators is the number of new jobs created each month. In our divisive political world, this volatile figure creates the opportunity for politicians to either boast about the success of their economic policies or criticize the...
My recent post, Plastics, focused on the daunting task that recent computer science graduates are facing in gaining employment in their field. The great irony is that coding was considered the skill of the future as recently as 2021 when 104,000 degrees were...
My last post (November 26, 2025) discussed the apparent contradiction that the overall economy seems generally healthy while there are many signs of weakness in the labor market. I do not want to beat this topic to death, but the following graphic adds...
I constantly remind clients and friends not to obsess about the economic outlook because it is never entirely clear, and there are always cross-currents. Today’s labor market may be the poster child for confusion and conflicting data. Why focus on labor anyway? The...
The American economy has historically been unusually dynamic, in part due to the flexibility afforded both workers and employers. Workers have been willing to change jobs and move in search of better opportunities. As compared to much of the world, companies enjoy greater...
