Latest Labor Market Insights and More

The COVID-19 pandemic upended the global economy and ushered in a record number of new business applications in the United States. Between 2010 and 2019, new business formations grew an average of 4%...

This article was originally published in the Richmond Times Dispatch on May 02, 2022.  College seniors graduating this month will be entering a stronger labor market than last year’s graduates with...

As the percentage of workers quitting their jobs rises to new highs, employer vaccine requirements have been suggested as a potential cause. Data suggest, however, that vaccine mandates had limited...

This article was originally published in the Richmond Times Dispatch on March 14, 2022.  I’ve noticed more people in town lately. Restaurants are fuller at lunchtime, more cars are on the road, and...

This article was originally published in the Richmond Times Dispatch on February 14, 2022.  Whispers of a potential upcoming recession have been quietly discussed. Few observers have mentioned the...

This article was originally published in Area Development during the 4th Quarter of 2021.  Congratulations. Your business is growing! Revenue is up, and you just launched a new product that is flying...

This article was originally published in the Richmond Times Dispatch on January 10, 2022.  Forecasts are based on assumptions. And the forecast for this year has assumptions and questions built into...

Most Americans have heard more about the supply chain in the past few months than they wanted. Stories about people not able to find PlayStation 5s or waiting more than six months for delivery of a...

Amid upward price pressure from supply chain disruptions and other pandemic impacts, the average price for the Thanksgiving centerpiece has stayed roughly the same this year. The average price per...