Daily Brief: 7.3 Million Jobs Are Open. Where Are the Workers?
7.3M job openings, 162K new payrolls, but a quit rate near historic lows. The U.S. labor market is healthy on paper — so why won't anyone move? This...
Daily Brief: 7.3 Million Job Openings Meet 349,000 Missing Construction Workers — The Labor Shortage Isn’t Going Anywhere
JOLTS shows 7.3M openings against 5.1M hires. Construction needs 349,000 workers. Manufacturing's humming. The structural labor shortage persists — and...
Daily Brief: Quits Rate Hits 1.9% as 7.3M Openings and a Worker Shortage Leave the Labor Market Frozen
The quits rate hit 1.9% — the lowest in a decade — as 7.3M openings, a frozen labor force, and 349K needed construction workers reveal a market that...
Daily Brief: Jobs Smash Forecasts — Payrolls Surge by 162K in August
August payrolls surged by 162,000 — triple the consensus — as upward revisions erased July's losses. The labor market isn't cracking. Next week's CPI...
Daily Brief: ADP Shows Just 38K Jobs Added in August as Hiring Slows to a Crawl
Private employers added just 38,000 jobs in August — a 9,000 miss below consensus and the slowest month since January. Manufacturing shed 17,000....
Daily Brief: America’s Labor Pool Is Shrinking — 7.4M Jobs, But Nobody to Fill Them
LFPR hits 61.4%, the lowest non-pandemic rate since 1976. 7.4M job openings face a shrinking workforce. Inside the numbers on who's leaving, why, and...
Daily Brief: Warsh’s First Jackson Hole Keynote Looms as Claims Slip to 203K and Bond Stress Mounts
Fed Chair Kevin Warsh's first Jackson Hole keynote lands Friday, with inflation at 3.4%, the 30-year at 5.31%, and claims at 203K.
Daily Brief: Payrolls Go Negative as 7.4M Openings Sit Unfilled — the Labor Shortage Isn’t Going Anywhere
July payrolls went negative for the first time in years while 7.4M job openings went unfilled. The labor shortage is a supply problem, not demand.
Daily Brief: Philly Fed Surges to 47.4, Blowing Past Consensus as Factory Sector Defies Recession Fears
Philly Fed manufacturing index surges to 47.4 against a 24.1 consensus — a massive beat that challenges the recession narrative. Plus: jobless claims...
Daily Brief: 61.4% — The Vanishing American Worker and the Participation Crisis Nobody Can Fix
The labor force shrank by 264,000 workers in July while 7.4M job openings sit unfilled. The participation rate hit 61.4% — a near 5.5-year low. This...