6 Comments

Really like this format, thanks you!

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Looks like a discontinuity when the Churn rate gets to 7.75% - wage growth becomes independent of Churn and the labor market gets Wild West crazy.

If we're looking to maintain a smooth and predictable labor market, best to keep below that level.

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First time I've really taken a close look-I liked this.

One thing I did not understand is the "8.65 hours to fill up a typical car's 16 gallon tank" seems to not be reflected in the chart that only goes to 3.5 hours of work?

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author

Thanks for flagging this, that was a typo and has been corrected to 1.85 hours

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Great way to hit some key points quickly while leaving the reader some choice as to whether to dive into details via later posting or another source. Wouldn't want it to replace deep dives, but very cool maybe once a week.

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Like the blurb format.

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