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November 2, 2018 | Author: Josh Wright, Chief Economist

Employers are making hay while the sun shines. Another very strong report, and largely what you get is what you see: a reaffirmation that job growth has accelerated amid 2018’s fiscal stimulus and improving labor force participation in response to... Read more

October 31, 2018 | Author: Josh Wright, Chief Economist

On a day when the Employment Cost Index finally rose above 3%, it's worth recalling Amazon’s announcement that it will raise its minimum wage to $15 an hour. There was more symbolism than substance to that headline, but that doesn't mean it was not... Read more

October 5, 2018 | Author: Josh Wright, Chief Economist

Ignoring the headline on the monthly jobs report is risky business, but it’s what I recommend you do this month. Sure, you will sound more credible dismissing it if you can cite the actual numbers, but economically speaking, the standardized format... Read more

September 30, 2018 | Author: Josh Wright, Chief Economist

Last week saw the publication of two major studies of contingent work, but amid the hectic news cycle, a few simple but important findings got overlooked. For those interested in the future of work, it's worth reviewing some of the basics we have... Read more

September 26, 2018 | Author: Josh Wright, Chief Economist

The outputs of the September FOMC meeting came in very close to expectations. It turns out that most commentators were right about what they thought they knew, but there was limited information on the outstanding uncertainties. Read more

September 24, 2018 | Author: Josh Wright, Chief Economist

The September FOMC meeting is emblematic of the Powell Fed so far: the rate decision has been so carefully broadcast as to be nearly moot, and investors are mostly focused on the outlook for future rate decisions. Read more

September 7, 2018 | Author: Josh Wright, Chief Economist

The August jobs report showed numerous signs of normalization and late-cycle dynamics. There were the higher wages of course, but also slower trend payroll growth, a leveling off of the unemployment rate, and "involuntary" part-time work and other... Read more

August 3, 2018 | Author: Josh Wright, Chief Economist

Despite the mixed headlines, the July jobs report was a strong one. Various details and simple adjustments tell the tale, from specific industries -- notably manufacturing -- to wages. There was no sign that trade tensions are slowing job growth,... Read more

July 31, 2018 | Author: Josh Wright, Chief Economist

Although most of the traditional data points leading up to the nonfarm payrolls report aren’t out yet, what little we have – including iCIMS’ own MHI – suggests it will be  a strong report, at least for the establishment survey. Here's what to look... Read more
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