Weekly Economic News Roundup and fast food automation
technology
Why We Talk With the Subway Fridge

Increasingly, and sometimes humorously, we are talking with bots as fast food AI percolates through our drive thru experience.

Labor
Why We Are in the Middle of the Great Resignation

Also called the Great Resignation, for a slew of reasons, labor turnover increased as the pandemic started to subside.

Weekly Economic News Roundup and the JOLT survey
What's Trending
Getting Some Unemployment Insight Through a JOLT

By looking at job openings, hires, and quit rates in the JOLT Summary, we can get some unemployment insight about tighter labor markets.

Sunk cost and opportunity cost explain the low quit rate during the great recession.
Economic Ideas
One Reason to Quit A Job

Have you ever gone through a series of phone messages that finally take you to the department you need? Then, after 5 minutes, 10 minutes, 15, no one picks up and you start to wonder if you should hang up. Deciding what…

Economic History
One Reason That Quitting is Good

I have read that Fed Chair Janet Yellen is particularly interested in JOLTS. Representing Job Openings and Labor market Turnover Survey, JOLTS data tell an interesting story. You can see how the trend in job openings parallels the Great Recession…

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