Connecting the Dots Archive - Patrick Watson

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Connecting the Dots: Tag = "employment"

August 15, 2023

Summer of Strikes

Remember when summer meant baseball, hot dogs, and swimming pools?

July 18, 2023

The Worker Shortage Will Get Worse, Not Better

Wishful thinking is a powerful force. We all want to believe good things are coming.

June 20, 2023

Labor Market Math

Quite a few experts think the US economy will enter recession soon. If so, someone forgot to tell the labor market.

January 17, 2023

Workers Want to Work but It’s Still Not Enough

Remember when “jobs, jobs, jobs” was a political talking point?

April 19, 2022

American Business Has Never Seen Anything Like This

One year ago, the US labor market was almost at equilibrium.

January 11, 2022

Omicron Kills Output, Spares Jobs

The dramatically-named Omicron COVID-19 variant is moving fast. If you don’t know anyone who’s had it (or been infected yourself), you probably will soon.

August 31, 2021

The Economics of Rudeness

You may have noticed your favorite restaurant is short on staff. The same in retail stores, hotels, and other service businesses.

June 29, 2021

Too Much Capital, Not Enough Labor

I try not to blame economists for being wrong. I think most try to interpret the data fairly. It’s easy to miss (or misunderstand) important information.

June 8, 2021

The Labor Shortage May Be Permanent

According to some business owners and Wall Street pundits, US employers can’t hire enough people because unemployment benefits are too high. We’re paying people not to work, they say.

May 11, 2021

About that Labor Shortage

I have a childhood memory of Sesame Street’s little song, “One of these things is not like the other.” It was a useful lesson: Some things just don’t fit, and you can’t force them.

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Connecting the Dots: Tag = "employment"

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