The hottest Labor Market Substack posts right now

And their main takeaways
Category
Top U.S. Politics Topics
Noahpinion β€’ 9647 implied HN points β€’ 03 Mar 24
  1. Paul Krugman suggests that increased immigration led to a positive supply shock, boosting growth and lowering inflation.
  2. Immigration's impact on reducing costs for companies and expanding aggregate supply is complex, involving immigrant and native-born wage dynamics.
  3. There are differing perspectives on the role of immigration in reducing inflation, with suggestions including a combination of immigration, Fed action, and pandemic-era supply shocks.
Noahpinion β€’ 4705 implied HN points β€’ 18 Mar 24
  1. Productivity growth is crucial for controlling inflation, maintaining a stable economy, and improving living standards.
  2. To boost productivity growth, a combination of macroeconomic factors like full employment, investment incentives, and stable supply-side conditions is essential.
  3. Three key factors that fostered productivity growth in the 1990s were full employment, high fixed investment, and stable supply with low inflation; replicating these conditions today would require strategic policy interventions.
Slow Boring β€’ 3164 implied HN points β€’ 12 Jan 24
  1. Movies rely on a variety of roles, including writers, for their success.
  2. Positive trends in the labor market include record enrollment in ACA exchanges, booming construction jobs, and falling greenhouse gas emissions.
  3. The outcome of historical events, like the American Revolution, can have a significant impact on future developments and trajectories.
Slow Boring β€’ 1690 implied HN points β€’ 02 Feb 24
  1. The post discusses right-wing conspiracy theories about Taylor Swift, but does not endorse them.
  2. There's an observation that Taylor Swift's song 'Karma' may contain elements from an older song, 'Music is My Hot Hot Sex' by CSS.
  3. The post highlights positive news stories like Medicaid expansion, newborn great white sharks, and successful transit projects.
Stay-At-Home Macro (SAHM) β€’ 1356 implied HN points β€’ 11 Jan 24
  1. The labor market is strong, American consumers are spending well, and most families are financially better off.
  2. Inflation is heading towards 2%, with businesses adjusting prices and the Fed needing to act accordingly.
  3. Forecasts suggest a recession may be avoided, softening the pessimistic rhetoric and improving consumer sentiment.
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Chinarrative β€’ 216 implied HN points β€’ 10 Dec 23
  1. University graduates in China are turning to food delivery jobs due to a tough job market and economic situation.
  2. More educated individuals, including college graduates, are entering the food delivery sector, causing an oversupply of labor and decreasing salaries.
  3. The phenomenon reflects broader employment issues in China, showing a need for improved support from educational institutions and a larger, more diverse job market.
cryptoeconomy β€’ 628 implied HN points β€’ 29 Jul 23
  1. Central bankers are blaming capitalists and workers for inflation to divert attention from their own actions.
  2. Corporate profits and worker wages are being scapegoated for causing inflation, but in reality, they are a result of economic uncertainty and money printing.
  3. The evolution from 'greedflation' to 'wageflation' is explained by the Cantillon effect, where trillions of dollars trickle down from government to workers, resulting in lost real wages and potential future economic challenges.
Ironsides Macroeconomics 'It's Never Different This Time' β€’ 58 implied HN points β€’ 31 Jan 24
  1. The pre-payrolls labor market data suggests a decrease in job switching affecting wage growth and unemployment rates.
  2. The 'Great Reallocation' from mid-2021 to mid-2022 has evolved into the 'Great Staycation,' impacting wage growth and labor market dynamics.
  3. There are concerns about demand and supply questions in the labor market, leading to a need for potential adjustments and revisions in strategies.
Stay-At-Home Macro (SAHM) β€’ 628 implied HN points β€’ 25 May 23
  1. Inflation is influenced by a variety of factors such as supply disruptions, commodity prices, labor market strength, and demand for goods.
  2. The discussion around workers having the upper hand in the labor market is complex and requires consideration of inflation expectations, wage growth, and job market tightness.
  3. Inflation expectations are stable, showing that markets and consumers anticipate a return to normal inflation levels, which is crucial for combating inflation.
Japan Optimist β€’ 216 implied HN points β€’ 24 Jul 23
  1. Japan's young generation is set to be economically better off than their parents due to demographic changes.
  2. As labor supply decreases, wages and job quality are increasing in Japan, leading to a rise in full-time job creation.
  3. There is a shift in Japan towards valuing and investing in human capital as the country moves towards a new golden age for its young generation.
Erdmann Housing Tracker β€’ 63 implied HN points β€’ 06 Oct 23
  1. Positive labor market reports with sustainable wage growth and projected real growth
  2. Residential construction employment is growing, productivity concerns, and insights on housing market functionality
  3. Analysis of employment flows provides insights into economic trends and potential indicators for labor market breakdown
Of Boys and Men β€’ 131 implied HN points β€’ 23 May 23
  1. More men should be encouraged to work in HEAL professions like healthcare and education for a variety of reasons.
  2. It's important to address the gender disparities in occupations like health care and education to better serve clients and address labor shortages.
  3. Supporting opportunities for men in both blue-collar jobs and growing HEAL sectors is vital for a balanced workforce.
Global Markets Investor β€’ 19 implied HN points β€’ 21 Dec 23
  1. The US economy shows signs of avoiding a recession through strong GDP growth, tracked through economic nowcasts.
  2. Retail sales and inflation rates support a soft landing scenario, with consistent growth and falling inflation.
  3. The labor market strength, with healthy wage growth and low unemployment rates, indicates resilience in the US economy.
Apricitas Economics β€’ 63 implied HN points β€’ 15 Jul 23
  1. The New Tenant Repeat Rent Index provides a more accurate measure of current housing market conditions and predicts future disinflation.
  2. Housing inflation is currently the main driving force behind overall inflation, with non-housing inflation remaining relatively stable.
  3. The 'speed limit' theory of inflation suggests that the growth rate of the labor market, rather than its level, is a key determinant of rent inflation and overall price stability.
Informer β€’ 98 implied HN points β€’ 16 Feb 23
  1. Larry Summers' victory in the inflation debate of 2021-22 is now appearing transitory as inflation rates have steadily decreased without a spike in unemployment.
  2. Wages play a crucial role in determining inflation levels, with high wage inflation being a reliable predictor of high price inflation.
  3. Keynes and his collaborators emphasized the importance of rising money wages as the essence of inflation, diverging from the Quantity Theory of Money.
Ironsides Macroeconomics 'It's Never Different This Time' β€’ 98 implied HN points β€’ 04 Apr 23
  1. The strong headline payroll gains in January and February may be misleading, as demand for labor is slowing.
  2. There are concerns about the labor market catching up due to manufacturing and housing contractions, slowing services demand, and potential issues with small business employment measurement.
  3. The consistency in patterns shown by ADP and NFIB reports compared to the BLS model raises skepticism about the strength in headline payrolls for January and February.
Loeber on Substack β€’ 6 HN points β€’ 19 Jan 24
  1. Translation is the next big thing in AI with significant global impact
  2. Advancements in speech-to-text, text-to-speech, and style transfer technologies are converging to revolutionize language translation
  3. Ubiquitous translation will greatly increase global connectivity, impact labor markets, and present investment opportunities in software, hardware, and geographic levels
Apricitas Economics β€’ 56 implied HN points β€’ 09 Apr 23
  1. American employment rates have fully recovered from the pandemic, showing a rapid and broad-based labor market recovery.
  2. The recovery is broad-based, with almost all industries and age groups showing increased employment rates.
  3. The Federal Reserve faces the challenge of balancing inflation control with maximizing employment for the ongoing historic labor market recovery.
Am I Stronger Yet? β€’ 31 implied HN points β€’ 17 Jun 23
  1. AI has near-term potential to advance science, especially in complex domains like biology and material science
  2. AI can eliminate scarcity of access to expertise by providing instant and competent support in areas like customer service, healthcare, and education
  3. AI is increasing white-collar productivity through automation of tasks like writing code, emails, and generating illustrations, though challenges exist in the physical-world job market
Anxiety Addiction & Ascension β€’ 39 implied HN points β€’ 06 Feb 23
  1. Many employees prefer working from home for the flexibility it offers in their lives and are hesitant to return to the office for multiple days per week.
  2. Companies are facing challenges convincing workers to return to the office due to changing preferences and economic factors like labor shortages.
  3. Employees have some leverage to resist returning to the office and should consider continuing to work from home to maintain their independence and strength.
Of Boys and Men β€’ 19 implied HN points β€’ 06 Jun 23
  1. The pandemic-induced recession initially hit women's employment hardest, but male employment recovered slower.
  2. Female employment was impacted more due to job industries affected by the pandemic and increased childcare responsibilities.
  3. While women's participation rates bounced back, concerns arose over slower job recovery for middle-aged men, especially those who entered the job market during previous crises.
Some Unpleasant Arithmetic β€’ 5 implied HN points β€’ 22 Feb 23
  1. Location choice for businesses is influenced by factors like market size, transportation costs, and differences in costs
  2. Cities experience agglomeration of economic activities due to labor market demand and specialization
  3. Urban development is constrained by limited urban land types and non-infinite demand for services
Japan Optimist β€’ 0 implied HN points β€’ 05 Apr 23
  1. Young elite bureaucrats in Japan are quitting prestigious careers for riskier opportunities in the private sector.
  2. The quit rates among Japan's elite bureaucrats have significantly increased, signaling a fundamental change.
  3. Anecdotal evidence suggests that many quitting bureaucrats are joining start-ups rather than large companies.