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danielzhao.bsky.social
Glassdoor Lead Economist glassdoor.com/research I post charts about the job market and workplace trends Formerly known as @DanielBZhao on Twitter Maryland born & raised, now in NYC
249 posts 2,474 followers 287 following
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Conversations about DEI have surged on Glassdoor: From Jan 21–Feb 17, DEI-related posts are up 3.6x vs. the same period last year. Comments on DEI-related posts have also more than tripled. One example post asks whether they should keep listing their exp as Hispanic ERG chair on their resume. 1/

submitted 1 day ago • 1 comment

REVISED UP WOW 3.5% level means highest since 1995!!!! This is going to catch a bunch of Fed attention.

submitted 1 day ago • 16 comments

Initial UI claims were up modestly last wk from 214,000 to 219,000. Continuing claims rose to 1,869,000 from 1,845,000. UCFE claims from federal employees were mostly unchanged at 613 NSA, tho that data is lagged an extra wk and it's not immediately clear the recently laid off would be eligible

submitted 2 days ago • 1 comment

Have U.S. multinationals been growing remote-suitable jobs offshore rather than onshore? Elton Mykerezi & I partnered with Revelio on new analysis. Their data is built from worker LinkedIn profiles & corp structure info. Toplines: www.reveliolabs.com/news/busines...

submitted 4 days ago • 3 comments

Very curious what this will end up looking like once missed student loan payments start showing back up on credit reports next quarter. Source: www.newyorkfed.org/newsevents/n...

submitted 9 days ago • 0 comments

Initial unemployment insurance claims fell slightly last wk from 220,000 to 213,000. Continuing claims fell to 1,850,000 from 1,886,000, in part due to a drop in California.

submitted 9 days ago • 1 comment

This is incredible from @tracyalloway.bsky.social on how the government could lose even more money by discontinuing the penny if it results in a "flight to nickels" www.bloomberg.com/news/newslet...

submitted 10 days ago • 65 comments

The Glassdoor Employee Confidence Index fell further in Jan. 45.1% of employees held a positive business outlook for their employers, the lowest level since Feb 2024. 1/

submitted 11 days ago • 3 comments

Random thought: The deferred resignation for govt workers likely won't show up in the jobs report until October, assuming it's implemented as advertised (big IF obviously). Workers on paid leave are still on payroll for CES and are categorized as "employed, absent from work" for CPS.

submitted 12 days ago • 0 comments

Another reminder that we should wait at least until the final Feb data for the University of Michigan survey comes in to make any big pronouncements on shifting inflation expectations.

submitted 12 days ago • 0 comments

Posted this at the other place, forgot to here: An administration official tells me he was not talking about U.S. Treasuries, just payments made by Treasury

submitted 13 days ago • 18 comments

The Bureau of Labor Statistics is cutting back production of some regional consumer price inflation indexes due to the pinch from chronic underfunding. This is not from a recent policy change, just from funding not keeping up with costs. www.bls.gov/cpi/notices/...

submitted 13 days ago • 0 comments

Is 65,000 federal workers agreeing to "resign" by September a lot? Some context, via @sangerkatz.bsky.social @emmbadger.bsky.social @aliciaparlap.bsky.social @ethansinger.bsky.social

submitted 15 days ago • 51 comments

CPS data users take note:

submitted 15 days ago • 0 comments

After datasets disappearing from many government websites this week, today's jobs report is a great jobs report -- regardless of how the labor market fared last month. It includes all tables and data it usually does. Nothing I see that should diminish trust in the jobs data.

submitted 15 days ago • 2 comments

A stable humming job market and percolating inflation expectations likely tied to tariff threats will probably keep the Fed patient for a while

submitted 15 days ago • 1 comment

A solid January #jobsreport to start off the new year: -Payrolls grew 143,000 -Unemp down to 4% -Wage growth ticks up to 4.1% YoY -Benchmark payroll revisions for March 2024 came in at -598,000, better than expected #NumbersDay 1/

submitted 15 days ago • 2 comments

Initial UI claims ticked up to 219,000 last week, still within a healthy range. Continuing claims rose to 1,886,000 and remain elevated likely in part due to the ongoing ripple effects from the California wildfires

submitted 16 days ago • 0 comments

"100,000 Eggs Are Stolen in Pennsylvania Amid Shortage"

submitted 16 days ago • 0 comments

www.cbsnews.com/news/costco-... Costco — which employs 272,000 people across the United States and in Canada — says its workers will soon receive hourly increases of 50 cents to one dollar, continuing its strategy of keeping ahead of the competition when it comes to worker compensation.

submitted 17 days ago • 8 comments

Yet Another Alternative Rental Price Index: December median rent payment growth in Bank of America data was 3.3% YoY vs. the 4.3% YoY reported in CPI. Source: institute.bankofamerica.com/content/dam/...

submitted 17 days ago • 0 comments