Our economy is currently in the middle of its longest economic expansion ever. Sometimes it’s tough to imagine the Great Recession ended over a decade ago or that the first recession of this century started over 18 years ago. During both downturns, output was in steep decline and firms were hemorrhaging jobs by the hundreds of thousands each week (e.g., in March 2009, the net
We’ve all come across an individual who is good at everything. You know, that friend who speaks several languages or excels at games of logic. How about those folks who pick up musical instruments for the first time and instantly play a generational favorite? Perhaps this describes you. One thing is for sure, it does not describe me. These unique individuals
Many magazine covers and article headlines might lead folks to believe robots are taking over the labor market. Heck, even Atlas has written notes regarding expectations of greater automation in our economy. While firms have been able to produce cool robot videos like this one, there seems to be something missing in the data. This note will explore a couple of the glaring omissions.
This is a copy of an email sent to clients in June 2017 before the notes were being published here. I am posting it here now since I refer to it in the note for August 25, 2017. ~Christopher
Teachers are some of the most influential people in our lives. Parents are often our earliest exposure to the role, imparting life’s essential information: things like eating, walking, and basic communications. As we grow older, our paths cross with a growing number of teachers until we meet our first formal educator. This initial professional might be affiliated with a