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Growth isnt solving Ascensions labor shortage
Evidence of continued growth: Figure 1: NFP employment (bold blue), civilian employment with smoothed population controls (bold orange), industrial production (red), personal incom...
One of the explanations for the “new normal” in employment growth is not deficient aggregate demand, but deficient labor force growth. The NYT article “Employers Fear Labor Shorta...
Aging workforce adds to challenges facing economy
Even as labor productivity grows, workers’ share of the gains has dropped to the lowest level in almost 80 years. The post Q2 2026 Productivity and Costs Release: Productivity Keep...
Robust GDP growth masks uneven sectoral performance and highlights the need for more labour-intensive jobs.
+30K < +78K Bloomberg consensus.
Stan Veuger explores the economic impact of declining American fertility. In 2024, the U.S. fertility rate reached a new low of 1.6. Net immigration started declining rapidly that...
Some states are producing more while working fewer hours. See where productivity surged, and where it fell behind.
Labor union membership continues to climb in the United States, though the increase remains sharply divided by the politics of individual states. Last year, the nation added more t...
August 2026 employment grew 162,000 jobs and unemployment held at 4.1%. A slowdown from spring suggests the labor market is easing, with tech sector weakness offsetting modest gain...
by Michael Busler at CDN - The labor market is experiencing unprecedented dynamics as various industries grapple with ongoing labor shortages. From hospitality to manufacturing, b...
CES estimates are for lackluster growth, while the trend in CPS measure is … somewhat worrying.
Labor union membership continues to climb in the United States, though the increase remains sharply divided by the politics of individual states. Last year, the nation added more t...
Along with GDPNow. Industrial production under consensus (+0.1% m/m ov +0.2% Bloomberg consensus), while manufacturing is flat (+0.0% vs. +0.1% consensus). Figure 1: NFP employment...
Good news of sorts from the economic front: An aging population, aka demographic decline, does not lower GDP or earnings growth.
Labor productivity expanded at twice the rate expected in the second quarter, accelerating from the start of the year. The post Productivity Growth Jumps, Rises Twice as Fast as Ex...
Over 7 years ago, we wrote a piece using the 1960s TV sitcom Gilligan's Island to provide a simple example of why productivity is the most important driver of economic growth. In t...
Industrial production below consensus (+0.2% m/m vs. +0.3% Bloomberg), manufacturing at consensus, although previous month’s revised up. Output measures continue to outpace employm...
The Bureau of Economic Analysis announced today that seasonally adjusted U.S. real GDP grew at a 1.5% annual rate in the second quarter. That is about half of the historical averag...
Warsh's focus on productivity and stable labor markets suggests potential for sustained economic growth, impacting monetary policy and investment trends. The post Federal Reserve C...
Following up on Jim’s GDP asssessment, here’re NBER BCDC indicators plus alternatives. Consumption growth remains strong, Figure 1: NFP employment (bold blue), civilian employment...
From the ADP release: Figure 1: Change in manufacturing employment since 2025M01 from BLS (blue), preliminary benchmark revision from BLS (light blue square), from ADP (green). Ora...
Today’s employment report aligned labor demand more closely with the positive cyclical dynamics seen in both US and global activity this quarter. While there remains a concern abou...
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