Tag Archives: job markets

May JOLTS report continues to show a jobs market out of equilibrium This morning’s JOLTS report for May continued all of the trends we saw in April – a huge amount of unfilled job openings, a comparatively weak level of actual hiring, an enhanced number of people quitting their jobs, and record low layoffs and discharges. To begin with, on a month over month basis, all 4 of the metrics above, plus total separations, declined: As...

This is cute because it makes the process seem kind of badass, but here’s the thing- the WSJ has to be, well, the WSJ, so this description is both accurate and completely misleading. As such, allow me to provide my less sanitized but more representative account: Yes, there is a big economics conference- the annual meeting of the “Allied Social Sciences Association,” which is the parent organization of the American Economic Association- held the first weekend in January each year,...