Let’s begin with April’s employment numbers and then later bring up why, we believe, the Fed wrongly uses this data to carry out its current monetary policy. First, we saw …
Opinion: The Fed is not only misreading the ‘hot’ labor market but also following pre-21st-century thinking Read MoreThe corporate world has always loved meetings just a little too much. But the pandemic accelerated the problem, as managers desperately attempted to supervise their direct reports after the shift …
How to Avoid Getting Dragged Into Meetings Read MoreJob openings and the number of times workers quit reached the highest levels on record in March, as a shortage of available workers continued to pressure the US labor market. …
US Job Openings, Quits Reach March Records in Tight Labor Market Read MoreThe hottest job markets in America are in five different states, but they have a lot in common. They’re in midsize cities, all with a population under 2.3 million. They’re …
The Best Job Markets Aren’t in the Biggest Cities Read MoreCompensation for American workers grew rapidly in the first quarter, as a tight labor market put more money in workers’ pockets while also keeping pressure on inflation. Business and government …
Worker Pay and Benefits Grow at Record Pace, Pressuring Inflation Read MoreNEW YORK (Project Syndicate)— The new reality with which many advanced economies and emerging markets must reckon is higher inflation and slower economic growth. And a big reason for the …
Opinion: The gathering stagflationary storm will rattle markets, economies and societies Read More