FEATURED POST

February 24, 2026

What happened to labor market dynamism? 

In economics, markets are defined by their price and quantity. Over the last two weeks, I’ve been talking about the labor market, specifically its quantity of jobs and the price of those jobs as defined by pay. Looking at these elements together, two things become clear
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May 19, 2020

What the Past Won’t Tell Us About the Pandemic “Recession”

by ADP Research

Early on, it has become clear that the magnitude and speed of job loss are greater than any recession we’ve experienced in modern U.S. history. The million-dollar question on most people's minds is how much of this job loss will come back?
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