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Hi, great article: A really helpful breakdown of new labor market data. Have you ever looked into whether the Indeed wage tracker leads the ECI? Looks like it might from the chart, and I can imagine a conceptual basis for thinking posted wages on new jobs lead actual wage gains.

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Hi Brennan! Glad you enjoyed the article. I wouldn't say there's enough data to say precisely to what degree Indeed's tracker leads ECI, but I definitely think there's some relationship. Good breakdown here if you want to read:

https://www.employamerica.org/blog/the-indeed-wage-tracker-shows-wage-deceleration/

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Sep 4, 2023Liked by Joseph Politano

Brilliant as always Joseph!

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Thanks Ketan!

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Thanks. I joined after. You never disappoint.

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Have you commented on impact of student loan restart?

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Wrote a post on it a little over a month ago!

https://www.apricitas.io/p/the-economic-impact-of-the-student

and there has been some updates since—people are already starting to resume student loan payments pretty rapidly: https://twitter.com/JosephPolitano/status/1697723183120441372?s=20

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