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Latest Labor Market Insights and More

Workforce needs are constantly evolving. Keep up with the changes in your economy with Chmura’s free blog and resources.

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Covid-19, 
Economic Impact, 
Economy, 
Trends

Economic Update: With prices surging due to inflation, a paycheck isn’t going as far as it used to

This article was originally published in the Richmond Times Dispatch on June 13th, 2021.  Rising prices due to new inflation Gasoline prices in the Richmond region and beyond have been increasing in...
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Covid-19, 
Economic Impact, 
Economy, 
Trends

Economic Update: Good News for Graduates Looking for Work: The Economy is Improving

This article was originally published in the Richmond Times Dispatch on May 9, 2021.  Stronger Labor Market College seniors graduating this month should be entering a much stronger labor market than...
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Covid-19, 
Economic Impact, 
Forecasting

RTI State Recovery Model

Using the full RTI dataset, Chmura has developed a model to predict what new RTI volume would be for each week of 2020 under a scenario where the COVID-19 pandemic had never occurred – what we call...
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Covid-19, 
Economic Impact, 
Forecasting

Economic Impact: Will the Rebound in Leisure and Hospitality Jobs Continue?

This article was published in the Richmond Times Dispatch on December 12, 2020. The spread of the coronavirus has hurt almost all businesses. Of the 12 major sectors that the Bureau of Labor...
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Economic Impact, 
Case Study

Economic Impact of American Evolution 2019 Commemoration Events

  The Problem   In 2013, the Virginia General Assembly established the American Evolution 2019 Commemoration to mark the 400th anniversary of several landmark events in Virginia’s history, including:...
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Economic Impact, 
Economy, 
Trends

Economic Impact: Economic Trends Point Toward Sprouts of Growth

This article was published in the Richmond Times Dispatch on November 9, 2020. Real gross domestic product grew by a historically large 33.1% annualized rate in the third quarter after contracting at...
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Economic Impact, 
Forecasting, 
Economy

Cautiously Optimistic: Holiday Spending Could Be a Bumpy Economic Sleigh Ride

This article was published in the Richmond Times Dispatch on October 12, 2020   The official kickoff to the holiday selling season starts next month, but Christmas trees have already started showing...
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Economic Impact, 
Economy, 
Trends

The Pandemic Will Likely Bring Long-Term Changes in How We Work

This article was published in the Richmond Times Dispatch on September 7, 2020   This Labor Day is unlike any other we have experienced in our lifetime. Millions of Americans remain out of work...
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Covid-19, 
Economic Impact, 
Economy

Without Vaccine, Job Recovery is Going to Be Slow

This article was published in the Richmond Times Dispatch on August 3, 2020     Employment figures for regions and localities across Virginia for June came out last week, showing that the economy is...
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