…the primary driver of employer decisions not to raise wages is monopsony, skittishness, or taboo? The JOLTS survey appears to give us a good look at the likely answer. JOLTS…

February 2018 JOLTS report: positive trend revised away Last month I wrote that the January JOLTS report reflected very positive trends. Today they got revised away. As a refresher, unlike…

March JOLTS report: powerful further evidence of a taboo against rasing wages The March JOLTS report this morning is powerful further evidence that raising wages (or training new workers) has…

August JOLTS report: thriving jobs market, and still-thriving Taboo against raising wages Tuesday’s JOLTS report once again confirmed the very good employment report from one month ago: Quits made a…

September JOLTS report: a jobs market moving from thriving to hot Tuesday’s JOLTS report once again confirmed the very good employment report from one month ago, with two series making…

The October JOLTS report: very good employment market continues, just below best levels Monday’s JOLTS report for October was, surprisingly, a little weaker than the employment report from one month…

May JOLTS report is weak, consistent with last month’s weak jobs report The jobs report one month ago was poor, so as expected the JOLTS report for May, released this…

July JOLTS report: m/m improvement, but slowing trend Yesterday*s morning’s JOLTS report for July was in general surprisingly positive on a monthly basis, but continued to show a slowing trend….

Catching up: November JOLTS report Let me catch up on some data I didn’t examine last week: the November JOLTS report. It decomposes the jobs numbers into a number of…

Initial and continuing claims, JOLTS show labor market “less awful” improvement continues – for now Weekly initial and continuing jobless claims have been giving the most up-to-date snapshot of the…