Main Street Macro: The next Fed rate cut might disappoint

 

Data Lab

FEATURED POST

July 19, 2024

Finding a job has gotten harder, especially for jobs that require a bachelor’s degree

It’s getting more difficult for workers with college degrees to land a job that aligns with their education.
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The EMC Index, which tracks how people think and feel about their jobs, fell slightly in July from its record high.
The EMC Index, which tracks how people think and feel about their jobs, fell slightly in July from its record high.

July 16, 2024

Employee sentiment fell in July

by Mary Hayes, Ph.D.Jared Northup

Employee sentiment ebbed in July, led by a big drop among retail workers. But five other sectors hit all time highs.
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The percentage of workers who would rather be unemployed than unhappy decreases with age.
The percentage of workers who would rather be unemployed than unhappy decreases with age.

July 8, 2024

A job – or joy? Many Gen Z and young millennials would rather be unemployed than unhappy

by Mary Hayes, Ph.D.Jared Northup

What’s more important to workers today: being employed, or being happy? Our latest research investigates this question to understand what workers are currently prioritizing.
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July 7, 2024

Managerial promotion rates cool to their pre-pandemic level

by Ben Hanowell

We measure promotion trends using ADP data representing more than 50 million people working at more than 96,000 U.S. employers.
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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

June 24, 2024

You’ve graduated. Now what?

by Sam AdiezeBen 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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ADPRI’s EMC Index, which tracks how people think and feel about their jobs, rose to a record high of 138 in June.
ADPRI’s EMC Index, which tracks how people think and feel about their jobs, rose to a record high of 138 in June.

June 18, 2024

Employee sentiment rose to record high in June

by Mary Hayes, Ph.D.Jared Northup

ADPRI’s EMC Index, which tracks how people think and feel about their jobs, rose to a record high of 138 in June.
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A line chart showing an ominous downward trend... what could it mean for software developers? Meant to be a featured image for a post.
A line chart showing an ominous downward trend... what could it mean for software developers? Meant to be a featured image for a post.

June 17, 2024

The rise—and fall—of the software developer

by Jeff Nezaj

Since the rise of the internet, software developers have commanded big salaries and valuable perks. But something has shifted since the pandemic.
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