Federal Reserve Bank of Richmond: Employment Change - Are Workers Coming or Going?
June 15, 2024
June 15, 2024
RICHMOND, Virginia, June 15 -- The Federal Reserve Bank of Richmond issued the following Regional Matters analysis on June 14, 2024, by Vice President Sonya Ravindranath Waddell:
* * *
One of the most cited measures in the U.S. economy is the net number of jobs gained in a month. But that net gain (e.g., 272,000 jobs gained in May) reflects an enormous amount of churn in the labor market as millions of workers gain new jobs (new hires) and millions lose or leave their j . . .
* * *
One of the most cited measures in the U.S. economy is the net number of jobs gained in a month. But that net gain (e.g., 272,000 jobs gained in May) reflects an enormous amount of churn in the labor market as millions of workers gain new jobs (new hires) and millions lose or leave their j . . .