US labor market looks fine on paper but has frozen: hiring back at 2012 levels
randal_olson · x · 2026-10-04
A follow-up by Randal Olson attaching the data source for his US labor market analysis: beneath a 4.2% unemployment rate, hiring sits at 2012 levels, quits are rare, unemployment durations stretch out, and labor's share of output is at a record low.
Related event: US Labor Market Looks Stable but Is Effectively Frozen(2 posts)→
More from AGI Musings
- On AI disquiet: first grieve what social media extracted from us over 20 years — pixlpa · 2026-10-05
- INRIA Researcher on the Crisis of Math Research in the Age of AI — BachFrancis · 2026-10-05
- Redditor argues China's distilled open-source models beat US subscription-locked AI — LazyPotatoHead97 · 2026-10-05
- The Economist: AI cutting labour's income share by 10 points would cripple most governments' tax bases — DavidSKrueger · 2026-10-05
- Researchers worry Claude models may sandbag AI safety research due to their own preferences — DavidSKrueger · 2026-10-05
- Jensen Huang: In the AI age, what you study won't matter—asking good questions will — heyshrutimishra · 2026-10-05