"Attempts to Make Sense Out of Right Wing Austrian Economics Can Never Amount to Anything"—rootless_e: Hoisted From the Archives

A nice instantiation of our WCEG's monthly summary of JOLTS. I would, however, quibble with the authors' claim that workers are now "confident". Yes, they are quitting at a much higher rate than they dared to do in the early years of this decade. But I remember 1998-2000: That was a confident labor market! How old were these authors in 1999, anyway? :-): Kate Bahn and Will McGrew: JOLTS Day Graphs: March 2019 Report Edition - Equitable Growth: "The quits rate held steady at 2.3% for the 10th month in a row, reflecting a steady labor market where workers are confident leaving their jobs to find new opportunities...

#noted #worthyreads