FEATURED POST
May 13, 2024
MainStreet Macro: Are consumers still all right? An update
Last week, a measure of consumer sentiment showed that people are more downbeat about their current and future economic well-being than they were a month ago. With the stock market reaching new highs in May, gas prices falling, and unemployment below 4 percent for the longest time since the 1960s, this gloomy shift is puzzling.
Read more
Subscribe to Data Lab
Stay up-to-date on the latest reports and trends.
Stay up to date with Data Lab
Please complete all fields.
Filter by:
June 5, 2023
MainStreet Macro: Gen Z joins the workforce
It’s graduation season. Some young adults will head to college, and some college graduates will continue with their studies. But most members of this year’s graduating class will become new entrants into a dynamic and evolving post-pandemic labor market.
Read more
May 22, 2023
MainStreet Macro: Answering questions, and raising new ones, about the complex world of work
This week, ADP Research Institute launches Data Lab, a centralized and in-depth repository of research and information on the economy and labor market.
Read more
May 15, 2023
MainStreet Macro: The next inflation risk
Lately, I’m reminded of inflation during my morning exercise class. While the first 50 (OK, 35) sit-ups are fast and easy, after that my pace starts to slow. By 60 reps, I’ve gone from fast and easy to slow and irregular.
Read more
May 8, 2023
MainStreet Macro: The Big Quit is over. Here comes the Big Stay
Last year, workers resigned from more than 50 million jobs. It was the highest number of quits since the government started keeping track in 2000. The great resignation, as it came to be known, was fueled by abundant job opportunities, labor shortages, and big pay increases for workers who quit one job to take another.
Read more
May 1, 2023
MainStreet Macro: Keeping an eye on the ball
I’m not a great golfer. But in an effort to improve my game, I took a lesson and was struck (no pun intended) by how golf can be applied to the economy. One thing I learned is to mark the ball. Some golfers look at the putter, others at the hole. But looking at the mark as you swing helps with alignment and focus.
Read more
April 24, 2023
MainStreet Macro: People at Work: A three-year lookback
For the past three years, the ADP Research Institute has been talking to workers across the globe to learn about their on-the-job experiences before, during and after the pandemic. Last week we released our latest report in this series, our People at Work Survey.
Read more
April 17, 2023
MainStreet Macro: The path between global and local growth
Last week my attention turned to my old stomping ground, Washington, D.C., where I worked for several years.
One of the city’s most closely watched spring events – after the National Cherry Blossom Festival – is the annual spring meeting of the World Bank and International Monetary Fund. Central bankers, finance ministers, company executives, and academics from across the globe descend on D.C. to discuss front-burner economic and geopolitical issues.
Read more
April 10, 2023
MainStreet Macro: March Jobs Data: A Return to Balance
Last week delivered a fresh round of jobs data for February and March. Today, we’ll catch up on the numbers and what they say about the current state of the labor market. All told, it’s mostly good news.
Read more
