Nick Bunker
banner
nickbunker.bsky.social
Nick Bunker
@nickbunker.bsky.social
working dad of three
Some jobs day news: Today is my last day at Indeed.

After an incredible six-plus years, I'm saying farewell and heading to my next challenge.

I'm excited to announce I'm joining the Mastercard Economics Institute! Fired up to hit the ground running.
January 10, 2025 at 7:34 PM
Very excited and honored to see Hiring Lab data and research on remote work cited in this year’s Economic Report of the President. www.whitehouse.gov/cea/written-...
The 2025 Economic Report of the President | CEA | The White House
Today, the Council of Economic Advisers under the leadership of Chair Jared Bernstein released the 2025 Economic Report of the President, the 79th report since the establishment of CEA in 1946. The 20...
www.whitehouse.gov
January 10, 2025 at 3:06 PM
Reposted by Nick Bunker
Final jobs report of 2024 was a good one!

- Job gains beat expectations, up +256,000
- Unemployment is down to 4.1%, but more importantly, it seems to be stable over the last 6 months.
- Prime-age EPOP still concerning and looking dangerously close to reversing its multi-year increasing trend.
January 10, 2025 at 2:19 PM
Reposted by Nick Bunker
Pretty solid JOLTS report today!

- Job openings posted their first back-to-back gain since March 2022.
- Layoffs remain historically low
- 3-month averages starting to show (possible) early signs of stabilization

#jolts #bls #econsky
January 7, 2025 at 3:37 PM
It’s JOLTS day! I’m gonna be quiet on this front today so follow @corystahle.bsky.social for all the good insights!
January 7, 2025 at 2:13 PM
Oh whoa, it’s Jobs Day
December 6, 2024 at 1:36 PM
Happy Thanksgiving! Wishing the best for you and yours!
November 28, 2024 at 7:18 PM
Toddler, knocking down a block tower: one must imagine Sissyfus happy
November 27, 2024 at 9:21 PM
Reposted by Nick Bunker
are you kids out of school:

Retweet for 'All Week'
Like for 'part of the week'
November 26, 2024 at 10:40 PM
Walking around Costco contemplating the domestic content share of each item
November 23, 2024 at 10:38 PM
Labor markets have frictions, and pushing against them can be unpleasant!
One reason people hate inflation above and beyond changes to their material well being? They hate fighting for raises. www.christinahydepatterson.com/_files/ugd/3...
November 22, 2024 at 12:58 AM
Posting has been quiet thanks to life with a 6-week-old, but once things settle down, I’ll be making the move over here.
November 17, 2024 at 2:10 AM
September 25, 2024 at 8:04 PM
I wouldn't get too concerned about GenAI taking your job.

New Hiring Lab research evaluated over 2,800 skills and found zero (yes, ZERO) of them are "very likely" to be replaced by a Large Language Model.

www.hiringlab.org/2024/09/25/a...
AI at Work: Why GenAI Is More Likely To Support Workers Than Replace Them - Indeed Hiring Lab
Of the more than 2,800 unique work skills identified and assessed by Indeed, none are “very likely” to be replaced by generative artificial intelligence.
www.hiringlab.org
September 25, 2024 at 1:35 PM
A question for those who've followed the Fed more closely and for longer than I:

When was the last time a Fed governor, who wasn't the chair or vice chair, received as much attention as Chris Waller?
September 20, 2024 at 3:56 PM
💸 Employers have been retreating from promoting signing bonuses but haven't abandoned them yet.

The share of job postings advertising signing bonuses remains more than twice its pre-pandemic level.
September 20, 2024 at 3:50 PM
🎢 Advertised wages for food prep jobs have been on a roller coaster for the past five years, but they look to be settling down now.

🧊 Dropped to 0.3% by June 2020

🚀 Rocketed up to 15.4% in Jan 2022

➡️ Now at 2.6% as of Aug 2024
September 19, 2024 at 2:11 PM
A question for the Fed chair: if the committee doesn't welcome further softening in the labor market, why is U3 projected to rise more this year? Is the rise in unemployment already baked in?
September 18, 2024 at 6:44 PM
I asked the toddlers if they thought it'd be a quarter point or a half point, and one instantly shouted, "HALF POINT."

So, size your positions according, I guess?
September 18, 2024 at 4:15 PM
After returning to its pre-pandemic pace, posted wage growth is creeping back up.

According to the latest data from the Indeed Wage Tracker, wages and salaries advertised in job postings grew at a 3.3% rate in August.
September 17, 2024 at 3:09 PM
*taps the mic* this thing still on?
September 13, 2024 at 1:26 AM
Goldman Sachs: "JOLTS job openings have been revised by an average of 180k in their second reading over the last couple of years, double what was typical four years ago and more than triple what was typical six years ago."
November 27, 2023 at 3:52 PM
Looks like the UAW strike is over. Big wage gains are in store, but the 4-day workweek didn't make it in.

We looked at the share of job postings that advertise this work schedule. Unsurprisingly, it's uncommon, but notably, Production & Manufacturing is the sector with the 4th highest share.
October 30, 2023 at 7:24 PM
I need a new synonym for resilient. Job postings are still holding strong.

The Indeed Job Postings Index is down 1% since June 16th. Much of that strength is concentrated in sectors least likely to offer remote work (i.e., in-person jobs). They are UP 3% since mid-June.
October 24, 2023 at 2:53 PM
Visited the true bastion of price stability
October 20, 2023 at 10:55 PM