Hi, great article: A really helpful breakdown of new labor market data. Have you ever looked into whether the Indeed wage tracker leads the ECI? Looks like it might from the chart, and I can imagine a conceptual basis for thinking posted wages on new jobs lead actual wage gains.
Hi Brennan! Glad you enjoyed the article. I wouldn't say there's enough data to say precisely to what degree Indeed's tracker leads ECI, but I definitely think there's some relationship. Good breakdown here if you want to read:
Hi, great article: A really helpful breakdown of new labor market data. Have you ever looked into whether the Indeed wage tracker leads the ECI? Looks like it might from the chart, and I can imagine a conceptual basis for thinking posted wages on new jobs lead actual wage gains.
Hi Brennan! Glad you enjoyed the article. I wouldn't say there's enough data to say precisely to what degree Indeed's tracker leads ECI, but I definitely think there's some relationship. Good breakdown here if you want to read:
https://www.employamerica.org/blog/the-indeed-wage-tracker-shows-wage-deceleration/
Brilliant as always Joseph!
Thanks Ketan!
Why have we yet to see a rise in initial claims?
Continuous claims this week hit a 6motnh low....
Great article.
Thanks. I joined after. You never disappoint.
Have you commented on impact of student loan restart?
Wrote a post on it a little over a month ago!
https://www.apricitas.io/p/the-economic-impact-of-the-student
and there has been some updates since—people are already starting to resume student loan payments pretty rapidly: https://twitter.com/JosephPolitano/status/1697723183120441372?s=20