About 4% of job postings advertised a signing bonus in March. That's down from the peak of 5.4% in Aug 2022, but still more than double pre-pandemic rates.

🚨 📉 NEW: Indeed's US Labor Market Update for April 2024 from Allison Shrivastava.

Overall posted wage growth is back to pre-pandemic levels, but close to half of sectors are still elevated including childcare hiringlab.org/2024/04/11/apr…

Solid drop in the Atlanta Fed's Wage Growth Tracker, down to 4.7%.

Still elevated, but its lowest level since Dec 2021.

I long for the days when I didn't have to think about PPI releases

Consumer prices are growing faster than the wages employers advertise in job postings on a year-over-year basis for the first time since last January.

Another sign that a wage-price spiral is unlikely, but also a sign that real wage growth could be crimped moving forward.

Claudia Goldin was a clue on Jeopardy! tonight

I always enjoy talking about the labor market w/ Julia Coronado so it was particularly fun to talk about such a great report.

More like March, please!

I wonder if enough people took the week off for the eclipse that we’ll see it show up in the April jobs report.

Happy Reference Week!

I’m gonna need a full deep dive into the latest Bluey episode on the next The Watch

It’s quitting time, folks. Enjoy the weekend!

Oh god, I just realized next Jobs Week also includes Q1 ECI and a Fed meeting

If you're thinking faster payroll gains necessary means the Fed will hold higher for longer, listen to the Fed chair himself.

Shoutout to Jeanna Smialek for asking about this last month.

The Job-finding rates for unemployed workers ticked up in March and is close to pre-pandemic levels.

Need to see this hold strong!

Are the BLS flat files given anyone else fits?