We've seen workers (esp those w/o a college degree, under 40) switch out of particularly low-paid sectors into better paid ones at record levels.

Here is a figure showing inflows from and outflows into "bad jobs" [bottom quartile of sectors by residual pay]

We've seen a very clear *net inflow* out of bad jobs, esp for younger workers without a college degree.

This is real, productive, re-allocation that happens when you have a well functioning job ladder.

People tend to think statistical power is all about sample size.

It can be difficult to find an example to illustrate what it means more clearly. But in this post (from September), I try to do just that.

Here's what human challenge trials can teach us about statistical power:
https://salonium.substack.com/p/9-the-power-of-challenge-trials

Hi Econ Mastodon. I’m relatively new here but if nerdy economics podcasts are your thing I host one called Trade Talks. Here’s the latest episode (with Steve Redding):

173. Did Britain’s slave trade help drive its industrial revolution?

https://tradetalkspodcast.com/podcast/173-did-britains-slave-trade-help-drive-its-industrial-revolution/

Hey there!

If you’re in the Boston area, could you say hi?

I’m going to be spending a lot more time in the area and worried about arriving in a new city in the dead of winter.

Can you help boost for reach?

#Boston