The radio show today had some comments about labor markets that led me to give a name to the current national labor market situation: the Great Reallocation.
Welcome to the Great Reallocation
North Dakota Oil Still Recovering
Oil is a big part of the North Dakota economy so an update on the industry drop during COVID and restart is a bit overdue.
Income Distribution Discussion (Radio Show Prediction)
We are talking inequality ideas on the radio this week so I posted a little data and some predictions about caller questions.
Labor Force Participation in ND and US
Radio listeners often talk about labor markets and the participation rate as examples of economic problems. It is more nuanced.
Debt Limit Discussion, Radio Primer
This ended up a longer post than I intended. I discuss current federal outlays and receipts and the debt limit. The sad fact is neither political party seem to treat the issue seriously.