Main Street Macro: The next Fed rate cut might disappoint

 

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July 22, 2024

MainStreet Macro: The next Fed rate cut might disappoint. Here’s why.

The recent slowdown in inflation has left market watchers more confident that Federal Reserve policymakers will cut interest rates at least once this year. What’s harder to predict is how those rate cuts might affect the economy.
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Radar plot comparing four metros on wages, affordability, and hiring rate
Radar plot comparing four metros on wages, affordability, and hiring rate
Hiring Employment Workforce development Geographic trends

June 24, 2024

You’ve graduated. Now what?

by Sam Adieze • Ben Hanowell

When it comes to the combination of recent graduate wages, hiring, and affordability, we found big differences between metro areas. The highest-ranking metros might surprise you.
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Chart showing that workers in Latin America are more likely to think that AI will help them in the workplace than in other regions.
Chart showing that workers in Latin America are more likely to think that AI will help them in the workplace than in other regions.
Worker sentiment Workforce development AI/ML Demographic trends

June 10, 2024

Most workers think AI will affect their jobs. They disagree on how.

by Ben Hanowell • Nela Richardson, Ph.D.

The ADP Research Institute survey asked nearly 35,000 private-sector workers in 18 countries what role they think AI will play in their work over the next few years.
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An image showing that the share managerial hires who are Gen Z grew from 6.4 to 13.9 from 2019 to 2023 while the share of all managers who are Gen Z grew from 0.9 to 3 percent.
An image showing that the share managerial hires who are Gen Z grew from 6.4 to 13.9 from 2019 to 2023 while the share of all managers who are Gen Z grew from 0.9 to 3 percent.
Workforce development Demographic trends

March 10, 2024

Look who got promoted! (No, it’s not mom or dad)

by Ben Hanowell

In four short years, Gen Z grew its footprint in the workforce at a rapid pace. ADP data shows us just how rapid.
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Employment Workforce development

March 26, 2018

The Business Case for Strengths

by Marcus Buckingham

It’s the single most important driver of team performance – and yet, less than 2 out of 10 employees strongly agree that they get to use their strengths at work every day.
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Data fluency Workforce development

October 31, 2017

Data Fluency Series #1: How to Tell Good Data from Bad Data

by Marcus Buckingham

Bad data is a pervasive problem in our world, and especially in the world of work. People are being promoted and fired because this faulty data that actually tells us nothing about our employees.
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