Labor Economics Hub
A public reference for cohort participants—three standalone sections you can link in internal briefings. Not a live data service; values are illustrative.
A
Wage tracker framing
When posting wage trends, pair every level with: source, cohort definition, and top-coding note. Below is a schematic of how we expect filters to stack—no live numbers here.
Raw survey
↓
Occupation map
↓
Sector filter
↓
Percentile band
↓
Narrative + caveats
B
Policy compare
Use a three-column matrix when comparing active labor programs. Score each cell: evidence strength (H/M/L), implementation cost (H/M/L), and time to observe outcomes (short/medium/long).
| Program | Evidence | Cost | Horizon |
|---|---|---|---|
| Training voucher | M | M | medium |
| Hiring credit | L–M | H | short |
| Public works | M | M | short |
C
Workforce glossary (short)
- Stock vs. flow
- Stock is a level at a date; flow is per period. Mixing them causes headline errors.
- Monopsony
- Employer wage-setting power; evidence needs market definition, not anecdotes alone.
- Replacement demand
- Hiring to refill roles; distinct from expansion hiring or turnover rate alone.
- Top-coding
- Capping high values; changes distribution moments—disclose when relevant.