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Latest Issues

More hiring. More layoffs. Why you should be doing more of both.

America's employers may come to regret their hiring freeze.

Two ugly current features of the US labor market are closely related:

13 days ago
6
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More Fed Attacks, More Trump Headaches, or Not

It’s starting to feel like President Trump wants Jerome Powell to hang around. It’s either that or he isn’t reading the tea leaves. Increasing political pressure on Powell and the Fed, especially since it’s very unlikely he can force Powell...

a month ago
4

The Unemployment Rate Is Alright

Not Perfect, but Very Useful.

In last month’s edition of Labor Market Watch, I made the argument that the unemployment rate was a very useful (albeit not perfect) indicator of labor market health:

2 months ago
4
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Houston, We Have a Core PCE Inflation Problem

We have an inflation problem, and it started before the Iran War. You’re going to hear that phrase a lot in the words below. Why, because we have an inflation problem, and it started before the Iran War. We all, especially markets, need to...

2 months ago
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AI Isn't Causing the World to Implode, but Your Stale Talent Pipeline Might

Read the op-ed here.

The AI headlines continue to push a false dichotomy. According to the people writing the code, it will either force us to toil away for a less-than-benevolent Skynet overlord, or allow us to relax on a beach while soak...

2 months ago
6

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Authors

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  • Tim Mahedy

    Former Chief of Staff at the Federal Reserve Bank of San Francisco and IMF economist. CEO & Chief Economist @Access/Macro, transforming the way banks and businesses use macroeconomic forecasting and analysis.

  • Guy Berger

    Senior Advisor on Labor Markets at Access/Macro; Workforce Economist in Residence at Guild; Senior Fellow at the Burning Glass Institute. I tweet a lot about labor markets, macro, and (sorry) music! Posts & notes represent my own views.

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