Employee sentiment rose in May: Get the latest from the ADP Research Institute’s Data Lab.

FEATURED POST

May 22, 2024

Long-distance work and compensation

Long-distance work didn’t begin with the coronavirus lockdown; people were collaborating between offices well before then.
Read more
Filter by:

March 18, 2024

MainStreet Macro: The new geography of work ­­­

by Nela Richardson, Ph.D.

Anyone who has ever done any hiring knows it’s not always easy to find the right person for the job. And if you’ve been on the other side of the interview table, you know that finding the right company to work for also can be challenging, even in a good economy. This matching process between job candidates and hiring managers has changed a lot over the last four years due to the growth of remote-work arrangements.
Read more

March 11, 2024

MainStreet Macro: Missing the Mark: Trends in teacher salary

by Nela Richardson, Ph.D.

Teachers are a crucial part of the economy. I should know–my mom is a teacher. They’re part of the care economy, often described by economists as the workforce behind the workforce. In a new analysis, the ADP Research Institute’s Jeff Nezaj shows that even though the U.S. economy continues to add jobs at a rapid clip, the education sector is trailing behind. Here are three key findings.
Read more

February 5, 2024

MainStreet Macro: What to do with good news?

by Nela Richardson, Ph.D.

Wall Street has a complicated relationship with good news, especially when interest rates are high, like they are now. Investors know that economic growth is good for their portfolios, but economic growth plus rock-bottom interests are even better.
Read more

January 29, 2024

MainStreet Macro: What color is your collar?

by Nela Richardson, Ph.D.

This week brings the first jobs report of the new year, and already people are asking about the outlook for 2024. Worries about inflation and recession have been supplanted by labor-market anxiety. Layoffs in technology and finance have triggered unease that white-collar jobs might be vulnerable to a hiring slowdown this year.
Read more

January 22, 2024

MainStreet Macro: The power of Davos: Networks

by Nela Richardson, Ph.D.

Davos, Switzerland, site of last week’s World Economic Forum gathering, is where movers and shakers meet. Leaders of companies, governments, and nonprofits around the world do here what they do best: Network.
Read more

January 15, 2024

MainStreet Macro: Reality check

by Nela Richardson, Ph.D.

You’ve probably heard that the shortest distance between two points is a straight line. In reality, when it comes to the future path of the economy, the line is rarely straight. We saw this last week, when a key measure of consumer inflation rose after three months of decline. This kind of volatility isn’t unusual, especially during times of geopolitical uncertainty.
Read more

January 8, 2024

MainStreet Macro: The trust factor

by Nela Richardson, Ph.D.

The annual World Economic Forum gathering in the mountainside retreat of Davos, Switzerland, is commonly described with a single word: Elite. But this year, Davos is attempting to draw attention to a new descriptor: Trust. The theme of this month’s Davos meeting, which begins Jan. 15, is rebuilding trust. The gathering will take place as the world confronts new and significant challenges and opportunities.
Read more

December 18, 2023

MainStreet Macro: North pole wage report

by Nela Richardson, Ph.D.

Did you ever wonder how much Santa Claus makes? Turns out it’s a little more than $35 an hour. And how do I know this?
Read more