Hi Caleb! I recently joined your premium membership. I wanted to ask you, where did you get the number of part-time for economic reason employees? Where I can see the evolution of that number? Thank you, very good analysis.
Regarding the part-time worker data, I got that from the Federal Reserve Economic Database, known as FRED. Almost all of the macro datapoints & charts that I share come from FRED, because it has great data visualization, customization, and because it's completely free.
You can find the specific part-time for economic reasons here:
Fire as always. I have a piece coming out talking about how the SKEW index has traded much higher than average all year. SKEW measures the amount of people preparing for doomsday. Typically doomsday doesn't come when everyone prepares for it though. As SKEW has been elevated all year, we're in one of the best bull markets of all time. You can't make this stuff up.
Hi Caleb, once again hahaha, I was reading another view, and it said that we should be worried about the hiring rate, currently is 3.3% (during COVID was 3.1% and in GFC was 2.8%), do you think that is something to worry about?
Lights-out analysis 💥
Thanks Ryan!
Hi Caleb! I recently joined your premium membership. I wanted to ask you, where did you get the number of part-time for economic reason employees? Where I can see the evolution of that number? Thank you, very good analysis.
Hey Tomas,
First off, I appreciate your support!
Regarding the part-time worker data, I got that from the Federal Reserve Economic Database, known as FRED. Almost all of the macro datapoints & charts that I share come from FRED, because it has great data visualization, customization, and because it's completely free.
You can find the specific part-time for economic reasons here:
https://fred.stlouisfed.org/series/LNS12032194
Thank you Caleb! Have a great weekend!
Fire as always. I have a piece coming out talking about how the SKEW index has traded much higher than average all year. SKEW measures the amount of people preparing for doomsday. Typically doomsday doesn't come when everyone prepares for it though. As SKEW has been elevated all year, we're in one of the best bull markets of all time. You can't make this stuff up.
Hi Caleb, once again hahaha, I was reading another view, and it said that we should be worried about the hiring rate, currently is 3.3% (during COVID was 3.1% and in GFC was 2.8%), do you think that is something to worry about?