Attention Economy


Monday, May 29, 2023

US Labor Market - Interesting Developments

Why are red states hiring so much faster than blue states?
https://www.washingtonpost.com/business/2023/05/26/hiring-red-blue-states/ 
Our analysis showed workers from low-income families face higher turnover in red states, even as folks from higher-income families actually had more job security in those same places.
The disparity seems rooted in education. The job-turnover gap between Trump and Biden states yawns widest among those with the least education. It closes as worker education rises and completely flips for workers with the highest education: They see more job security in Trump states than in Biden ones.

 
Related:
https://www.yahoo.com/finance/news/why-red-states-hiring-much-185822971.html


More High-School Grads Forgo College in Hot Labor Market
https://www.wsj.com/articles/more-high-school-grads-forgo-college-in-hot-labor-market-c052c773
Share of young people seeking higher education slips since pandemic began