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Pascal’s Newsletter

Pascal Michaillat

Updates on my research, teaching, and other projects. 1–2 posts per month.

Platform
Substack
PricingOnly free issuesPublishesWeekly
Issues42SubscribersRead pmichaillat.substack.com

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Latest Issues

Recent posts by this newsletter. Browse the email archive.

October Labor-Market Update

Main message: US labor-market tightness fell slightly to 1.07 in October 2024. So the US labor market is extremely close to full employment. The probability that the US economy is in recession fell further to 26%.

19 days ago
0
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September Labor-Market Update

Main message: US labor-market tightness rose slightly to 1.16 in September 2024. So US the labor market is still inefficiently tight. The probability that the US economy is in recession fell down to 36%.

2 months ago
3
2

August Labor-Market Update

Main message: US labor-market tightness falls slightly to 1.08 in August 2024. The US labor market is now cooler than in 2019, and is getting ever closer to full employment. The probability that the US economy is in recession creeps up to 4...

3 months ago
2
0

So has the recession already started?

So has the recession started in the US?

3 months ago
9
0

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Authors

The writers behind this newsletter.

  • Pascal Michaillat

    Associate professor of economics at UC Santa Cruz

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