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Data, 
Forecasting, 
Trends, 
Analysis

Economic Impact: Job postings slowdown not a sign of recession; sign-on bonuses drop

This article was originally published in the Richmond Times Dispatch on September 25, 2023. Many economists have downgraded the probability of a recession occurring over the next year. They argue...
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Data, 
Forecasting, 
Economy, 
JobsEQ, 
Trends, 
Analysis, 
Consulting, 
Plus, 
Pro

Decoding the U.S. Economy: Diverse Measures Reveal Divergent Trends

Key Takeaways: There are two alternative ways to measure the size of an economy: Gross Domestic Product (GDP) and Gross Domestic Income (GDI). In theory, GDP should always equal GDI. In practice, the...
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Data, 
Forecasting, 
Economy, 
JobsEQ, 
Trends, 
Analysis, 
Consulting, 
Plus, 
Pro

AI Impact on Jobs, What and Where?

The explosion of artificial intelligence (AI) technology in the first half of 2023 has shaken not only the technology industry, but other parts of society. Experts and academics are grappling with...
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Data, 
Forecasting, 
Trends, 
Analysis

Young Adult and Prime Age Labor Force Participation Surpass Pre-Pandemic Levels While Retirements Surge

As the Federal Reserve seeks to tame inflation, the labor shortage exacerbated by the pandemic continues to keep unemployment rates low and is likely slowing the deceleration in inflation. A key...
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Data, 
Forecasting, 
Trends, 
Analysis

Economic Impact: Weaker Labor Market for College Grads this Year, but Higher Wages

This article was originally published in the Richmond Times Dispatch on May 8, 2023. College and high school seniors graduating this year will be entering a weaker labor market than last year’s...
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Data, 
Forecasting, 
Trends, 
Analysis

Military Exits Fill Talent Supply Gaps

Exiting military personnel are an important but often overlooked contributor to a region’s talent pool. These individuals are not always a large piece of a region’s overall labor pool, but they...
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Data, 
Forecasting, 
Trends, 
Analysis

The Value of Job Ads Data in the Location Decision

This article was originally published in Area Development Magazine in Q1 2023. Job ads are an important tool for understanding the labor market at a prospective location. Individual job ads — as well...
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Data, 
Forecasting, 
Trends, 
Analysis

Economic Impact: Signs of a Slowdown? Watch the Job Market, Which is Slowing Down

This article was originally published in the Richmond Times Dispatch on March 6, 2023. Given the strength of the labor market and expectations by some for a recession in the later part of 2023,...
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Workforce, 
Data, 
Economy, 
JobsEQ, 
Trends, 
Analysis

Preliminary Wages

JobsEQ now includes preliminary estimates for occupation wages in order to provide a more timely compensation data set. These data build upon the Bureau of Labor Statistic’s (BLS) OEWS[1] data set...
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