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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Re: BLS, the stat agencies all lost a lot of people, but no RIFs or firing of probationaries so far to my knowledge. A lot of people took DRP or VERA though, for a few reasons. A large cohort of people were close to retirement age. Loss of telework was also big, as many people had been mostly WFH before COVID, and Census in particular had been fully remote for nearly 5 years while their building was renovated. For BLS, a lot of people didn't want to change their commute to Suitland (Former HQ was next to Union Station). Also, a bunch of senior leadership who deal with the Decennial Census left, presumably because they didn't want to go through a repeat of how the admin tried to politicize the 2020 Census. The job market for statisticians and economists is OK, there are private sector employers that pay more money, and it's historically been easy for good people to pivot. The thing is, most people at the stat agencies don't really want those private sector jobs, they want to contribute to public statistics and knowledge. The other ways to do that (like academia or think tanks) are all hurting right now, and they depend heavily on stat agency data that might just go away if too many people leave. So people either left right away, or they are hunkered down and planning to ride it out.[/quote] What private sector employers hire labor economists? I thought they mostly focused on macro/financial economists?[/quote] Labor economists are the best econometricians. Their skills are very transferrable even if they weren't in technical role. I work for a consulting firm and we recently hired a guy who worked as labor economist (he only has a Bachelor's degree) for 10 years for the UK government. This guy is amazing. We do a lot of time series macroeconometrics. He was able to fit in and contribute right away.[/quote]
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