Thelatest JOLTs reportshows 10.7M job openings – 5.4M more available workers, when added to current unemployed (6.1M) would make for more available workers than jobs. That’s the opposite of the current 2:1 ratio of jobs to workers!
Still, my baseline outlook continues to be that inflation will decline further with the policy rate held steady at its current level, and that the labor market will remain strong but with labor demand and supply gradually rebalancing as the number of job openings relative to unemployed workers de...
He has given the military leaders a deadline for kicking Ukrainians out of Kursk at about the time the rainy (mud) season begins. But he has not given them the resources that it would take to get that job done. So it will fail, and then he may finally move the professionals...
Government Can't Solve the Loneliness Crisis It appeared in National Review, and, as you might suppose, it's a government-skeptical response to an outlandish idea for a new government project. I just can't think of anything much to say about the very idea that government could possibly do ...