job market

Recent job reports have not offered a definitive answer on how much the Fed is expected to cut interest rates. Justin Wolfers of the Ford School mentioned, "There’s nothing in this report that would turn optimists pessimistic... Would it turn...

Betsey Stevenson, The Wall Street Journal: "Since restaurants and hotels haven’t staffed up too much, they could avoid the fate of many tech companies that are laying off workers after overhiring earlier in the pandemic," said Betsey Stevenson, an...

The labor market is still booming, according to the latest jobs report. Justin Wolfers and Betsey Stevenson, both professors of public policy and economics, broke down what the jobs report means for Americans. "I do think it more likely that the...

“Much of the gain of economic growth over recent decades has gone to capital rather than labor, and to the highly paid, rather than a broader group of workers,” Wolfers said. “A strong economy — and worker shortages — could help rebalance somewhat,...

"At the current pace of improvement, the job market would not return to its pre-pandemic level until February 2022," said Stevenson. Read the full CNN Business article...

Justin Wolfers offers a tutorial on the contempoary labor market in his latest New York Times Upshot column: “Trump and Carrier: How a modern economy is like a parking garage.” Wolfers’ piece comes after president-elect Donald Trump’s victory lap...