A new memo from our AEA ad hoc committee on the job market has been posted. Happily, there is continued evidence of a major rebound in the demand for PhD economists. Summary w/ graphs follows... 1/7
#EconTwitter #EconJobMarket @AEAInformation @JOE_listings @EconSpark @AEACSWEP
As of 2021-07-30, the # of job openings on JOE for full-time academic jobs in the US is up 58.5% compared to same time in 2020 and is even up 25.6% compared to this time in 2019 (which was pre-COVID). #EconTwitter #EconJobMarket 2/7 Image
The # of job openings on JOE for full-time academic jobs outside the US is up 87.7% relative to 2020 and up 26.9% compared to 2019. #EconTwitter #EconJobMarket 3/7 Image
The # of job openings on JOE for full-time nonacademic jobs (in any country) is up 42.7% compared to 2020 but still down 9.7% compared to 2019. #EconTwitter #EconJobMarket 4/7 Image
Overall, the total # job listings on JOE (including academic/non-academic, US/int'l & full-time/part-time) is up 46.8% compared to this time in 2020, and is even up 5.7% compared to 2019 (pre-COVID). Excellent news! 5/7 Image
This is welcome evidence that the demand for PhD economists is rebounding. However, the peak months for job listings are Sept-Oct, so only then will we know for sure the extent of the rebound.
Full report at: aeaweb.org/joe/communicat…
6/7 #EconTwitter #EconJobMarket
PS: For those participating in the #EconJobMarket in 2021-22, please note that the AEA Exec Cttee has recommended virtual, rather than in-person, initial interviews.
Best wishes to everyone on the job market in 2021-22!

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