You go to look up employment in an industry for one of your largest employers, but instead of a number you find (ND), or maybe the industry is just not shown at all. What does that mean, and why aren’t some data available?
With Halloween just around the corner, it’s time to update our Chernoff jack-o’-lanterns. Chernoff faces are designed to display multiple variables as facial expressions, but we’ve carved ours with labor data from JobsEQ. Each facial feature on the pumpkin displays data on employment or wages in the state.
If you’ve ever spent time with a couple of economists, you may walk away thinking they never agree and enjoy criticizing each other’s models and assumptions. After spending a few days with over 300 economists at the National Association for Business Economics conference last week, I walked away with a different view. The possibility of recession and trade wars was a hot topic. An NABE panel predicts the nation will not see a recession in 2020, but that the real gross domestic product growth rate will slow to 1.8% — the first time since 2016 it has fallen below 2% with risks on the downside.
Most people in the United States work for someone else, but a portion of the population works only for themselves. This blog shows overall trends and characteristics for the self-employed.
Preliminary Estimates is an often-overlooked feature of JobsEQ. What these data are and why they are valuable is described below.