Nick Bunker
@nick_bunker
economics at @indeed. working dad of two. ❤️ 📈 (he/him)
ID:16641916
https://www.nick-bunker.com/ 08-10-2008 01:41:04
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🚨 📉 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 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!
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.