State of the Labor Market
Commentary, data, analysis and insight into the US and global economy.
November 2021 Jobs Day Report: A Tale of Two Surveys
The underlying momentum of the labor market is still strong, but this month shows more uncertainty than expected.
September 2021 JOLTS Report: Job Openings Decline, but Quits Rise
Workers continue to quit at historic levels, with the quits rate hitting an all-time high of 3%.
Indeed US Job Postings Tracker: Data Through November 5
US job postings on Indeed.com on November 5 were 51.4% above February 1, 2020, the pre-pandemic baseline. Job postings with low advertised wages have lagged middle and high advertised wage job postings since the delta surge.
October 2021 Jobs Report: Getting on a Solid Path
Today’s report is a sign that recovery could be closer than many thought. The US added 531,000 jobs in October and the unemployment rate declined to 4.6% from 4.8%.
Indeed Job Search Survey October 2021: Job Search Recedes Among the Jobless
Overall job search was essentially unchanged in October while active job search among those without a job retreated.