When reviewing job growth and salary information, it’s important to remember that actual numbers can vary due to many different factors—like years of experience in the role, industry of employment, ...

Discover the Diamond-Water Paradox—why diamonds cost more than water. Learn about subjective value and marginal utility in economic valuation.

Over short time periods, such as a few quarters or a couple of years, productivity correlates very strongly with gross domestic product. Total output drives the market opportunity of companies. Total ...

Post Labor Economics: How will the economy work after AGI? Recent thoughts and conversations Shapiro outlines some interesting ideas, which I'll attempt to summarize below if you don't have time to ...

State-level unemployment claims can provide a real-time measure of national labor market conditions and the overall state of the economy. A rapid and widespread buildup of stress in state labor ...

Involuntary part-time employment—the share of people who work less than 35 hours per week but want and are available to work full-time—has increased since 2023. While this contrasts with steady ...