First, the data I am using here comes from the household survey. It is a relatively small sample in Oregon, and can be noisy. Undoubtedly, some of the recent upticks could simply be favorable noise in the data that overstates things. Future data revisions may be less kind. We don’t ...
isolated, or siloed pain in the labor market, particularly among the types of jobs that have seen strong gains pretty much since the dotcom bust. On the other hand, it’s possible some of that cooling in the labor market was temporary, and possibly in part due to some employers starting ...