- November 22, 2022
It’s Not Just Twitter
If you follow the news on Twitter, lately you’ve see a lot of news about Twitter. New owner Elon Musk wasted no time shaking things up.
Read moreConnecting the Dots: Tag = "labor"
- April 19, 2022
American Business Has Never Seen Anything Like This
One year ago, the US labor market was almost at equilibrium.
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- December 21, 2021
Labor Force Sickness
For almost two years after COVID’s emergence, the Federal Reserve pumped money into the economy every way it could. Jerome Powell and his crew kept the pace even as the economy improved a lot.
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- November 16, 2021
The Great Resignation is Becoming Self-Aware
In The Terminator films, we were told Skynet became self-aware at 2:14 am on August 4, 1997. Bad things followed.
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- October 11, 2021
Big Bad Employers
If you’re an American worker, you probably have a new job, or you’re looking for a new job, or you at least want a new job. Pundits call all this shuffling “The Great Resignation.” The pandemic caused it, they say.
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- September 21, 2021
The Labor Shortage Is Bigger than You Think
“Either/or” thinking is one of the great scourges of our time. We want to think every dilemma has a quick answer. This is rarely so.
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- 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.
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- July 20, 2021
Why Automation Won’t Solve the Labor Shortage
The official employment data is a bit confusing.
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- July 13, 2021
The Job Tables Are Turning
Let’s review some ancient history… as in six months ago.
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- 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.
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