In our previous blog post, we discussed how the interpretation of data can be strongly influenced by the price index you choose to deflate those data—that is, when you want nominal measurements in real terms. The FRED graph above shows … Continue reading →
The FRED graph above shows a disturbing pattern: Since the early 1970s, there’s been an apparent disconnect between labor productivity and real wages. (The accumulated difference was 70% at the end of 2022.) Our goal here is to better understand … Continue reading →
The FRED graph above is data heresy: It jams 12 time series into one graph. Why would we do this? Actually, we wanted more than 12 series, but even FRED graphs have their limits. We suppressed the titles of the … Continue reading →
The US economy in general has gone on a rollercoaster ride since the onset of the pandemic. Unemployment is one specific bumpy example: In April 2020, the unemployment rate was higher than it had ever been, but by December 2022 … Continue reading →
We recently discussed Information industry jobs data from the U.S. Bureau of Labor Statistics: That post showed that layoffs in Information were elevated relative to layoffs for non-farm employment overall. Today we examine job postings data from Indeed.com to answer … Continue reading →
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