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Dallas Fed survey points to possible weak May job growth


Dallas Fed survey points to possible weak May job growth
Reuters
10 hrs ago
By Howard Schneider
WASHINGTON (Reuters) - A Dallas Fed survey meant to track U.S. employment trends pointed to potentially weak job growth in May, a sign that bottlenecks in the labor market may be continuing.
The online survey conducted the week of May 9 through 15 showed the estimated employment rate among adults dipped to 71.1% from 71.8% in the April survey, with unemployment rising and a drop in the share of adults either working or looking for work.
The statistics in the Real Time Population Survey are not meant to duplicate exactly the monthly survey of households conducted by the Bureau of Labor Statistics to estimate the U.S. unemployment rate. ....

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Labor shortage spurs a rush to get Americans back to work


POLITICO
Labor shortage spurs a rush to get Americans back to work
At least a dozen states are cutting off jobless benefits and some companies are raising wages in an attempt to boost hiring.
People stand in line, resumes in hand, while waiting to apply for jobs during an outdoor hiring event for the Circa resort and casino on April 27, 2021 in Las Vegas.
| AP Photo/John Locher
Link Copied
Federal and state officials, who spent the last year trying to keep Americans safe in their homes during the pandemic, are suddenly grappling with the opposite problem: how to lure them back to work. ....

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Real-time Economics


Real-time Economics
Economist Adam Blandin is a co-creator of the Real-Time Population Survey. (Photo by Ash Daniel)
Economist Adam Blandin has been tracking COVID-19 pandemic numbers since March, but not the ones you’re thinking of. 
Blandin, a Virginia Commonwealth University assistant professor of economics, worked with Alex Bick of Arizona State University to develop an online economic survey centered on pandemic unemployment trends. It’s called the
Real-Time Population Survey. Blandin says it was created as a tool to provide up-to-date data that was unavailable from larger federal government surveys. 
“We were both macroeconomists and labor economists and wondered, ‘Is there something we can work on that in some small way can contribute to trying to solve this problem related to the pandemic?’ ” Blandin says. “The typical government survey is high quality and for the most part reliable, but the government survey ....

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