The Overshoot

The Overshoot

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The Overshoot
The Overshoot
What is Going on with the U.S. Job Market?
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What is Going on with the U.S. Job Market?

A two-speed recovery that's very different from last year.

Matthew C. Klein's avatar
Matthew C. Klein
Aug 09, 2021
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The Overshoot
The Overshoot
What is Going on with the U.S. Job Market?
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From one perspective, it’s a great time to be an American worker, with job openings soaring, pay growth accelerating, and hiring booming. But underneath the positive headlines are a few odd wrinkles that should complicate our understanding of the overall state of the job market.

The big picture is that the normalization of the public health situation th…

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