Labor Markets Briefs
2022
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The “Donut Effect” is real
January 06 | Michael Papadopoulos, Former Associate Economist, The Conference Board | Comments (0)A new trend has emerged since the beginning of the pandemic: demand for goods and services has significantly shifted away from city centers.
2021
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2022 Salary Increase Budgets Are the Highest Since 2008
December 07 | Gad Levanon, PhD, Former Vice President, Labor Markets, The Conference Board | Comments (0)The November Conference Board Salary Increase Budget Survey portends a 3.9% jump in wage costs for firms in 2022, compared to 3% reported in April.
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Job Growth Weakens as Renewed COVID-19 Uncertainty Looms
December 03 | Frank Steemers, Former Senior Economist, The Conference Board | Comments (0)Commentary on today’s U.S. Bureau of Labor Statistics Employment Situation Report
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Job Growth Increases, No End in Sight for Labor Shortages
November 05 | Gad Levanon, PhD, Former Vice President, Labor Markets, The Conference Board | Comments (0)Commentary on October U.S. Bureau of Labor Statistics Employment Situation Report by Gad Levanon, Head of the Labor Market Institute, The Conference Board
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September Spending, Income, and Inflation Data Mixed
October 29 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)Comment on Personal Income & Outlays report for September – Erik Lundh, Principal Economist, The Conference Board
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Labor Shortages Give Rise to Rapid Wage Growth
October 29 | Michael Papadopoulos, Former Associate Economist, The Conference Board | Comments (0)Employment Cost Index report for the 3rd Quarter 2021
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Lackluster job growth amid Delta and labor shortages
October 08 | Frank Steemers, Former Senior Economist, The Conference Board | Comments (0)Commentary on today’s U.S. Bureau of Labor Statistics Employment Situation Report
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What If? The Government Shuts Down and/or We Hit the Debt Ceiling
October 01 | Dana M. Peterson, Chief Economist and Leader, Economy, Strategy & Finance Center, The Conference Board | Joseph J. Minarik, Former Senior Vice President and Director of Research, Committee for Economic Development of The Conference Board (CED) | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)The US Congress is currently locked in discussions on continuing to fund Federal government operations and whether to either raise or suspend the debt ceiling. We have been here before, and it has always worked out—with more or less pain along the way. Indeed, Congress has passed a Continuing Resolution (CR) to fund the Federal government through December 3, 2021. What if come December, we find ourselves on the brink once again? Also, what happens if we hit the public debt ceiling?