Amanda Michaud @amandamichaud.bsky.social · 18/04/2025Employment to Unemployment flows decline while layoffs remain stable which we show are due to an increase layoffs into non-participation. 2/n 100
Amanda Michaud @amandamichaud.bsky.social · 18/04/2025Optimistic view: labor market is strong, jobs are easy to find, so workers are not worried. BUT we see job finding rates and quits are down so maybe recently laid-off workers are those with the poor job prospects and are too discouraged to search? 3/n 100
Amanda Michaud @amandamichaud.bsky.social · 18/04/2025Quits continue to fall, often interpreted as pessimism or precaution against higher uncertainty about whether a new job would be easy to find. Layoffs seem to be creeping up as well. 4/n 100
