The January Jump in Slack Work is Worrisome

The January Jump in Slack Work is Worrisome

Slack Work is the largest component of Part-Time Employment for Economic Reasons. As you see here, the number has been little changed since early 2017. The question now is whether the spike we see in January is due to the adjustments that are made to the January...
Wage Growth Continues to Lag Other Expansions

Wage Growth Continues to Lag Other Expansions

After showing a little bit of acceleration late in 2018, the pace of wage gains appears to have flattened out. This also squares up with the anecdotal evidence. While employers cite the lack of available labor as the biggest impediment to further growth, they...