John Cawley
@johncawley.bsky.social
Daniel Patrick Moynihan Chair in Public Policy, @maxwellsu.bsky.social. Also @cprmaxwell.bsky.social @nber.org, @uniofgalway.bsky.social, AEA Committee on the Job Market. Studying health economics and policy, economics of risky behaviors.
Clearly, this continues to be a year of weak demand for PhD economists - especially in government, but also in academia and the private sector. Best wishes to all of those on the market this year.
These graphs are updated weekly and are available online here: www.aeaweb.org/about-aea/co...
These graphs are updated weekly and are available online here: www.aeaweb.org/about-aea/co...
JOE Openings by Week - Pre-ASSA
www.aeaweb.org
November 25, 2025 at 5:23 PM
Clearly, this continues to be a year of weak demand for PhD economists - especially in government, but also in academia and the private sector. Best wishes to all of those on the market this year.
These graphs are updated weekly and are available online here: www.aeaweb.org/about-aea/co...
These graphs are updated weekly and are available online here: www.aeaweb.org/about-aea/co...
A relative bright spot is hiring in the private sector - while low, it is still comparable to that in some recent years.
November 25, 2025 at 5:23 PM
A relative bright spot is hiring in the private sector - while low, it is still comparable to that in some recent years.
Due to DOGE cuts and then the shutdown, the number of listings for jobs in the US Federal government is down about 75% compared to recent years. Virtually no new jobs in the Federal government have been posted for the past 10 weeks.
November 25, 2025 at 5:23 PM
Due to DOGE cuts and then the shutdown, the number of listings for jobs in the US Federal government is down about 75% compared to recent years. Virtually no new jobs in the Federal government have been posted for the past 10 weeks.
The number of nonacademic jobs on JOE is down 27.8% from last year and also considerably (41.5%) lower than during COVID.
November 25, 2025 at 5:23 PM
The number of nonacademic jobs on JOE is down 27.8% from last year and also considerably (41.5%) lower than during COVID.
The number of full-time academic jobs outside the U.S. listed on JOE is down 14.9% from last year, and is 20.3% lower than during COVID (2020).
November 25, 2025 at 5:23 PM
The number of full-time academic jobs outside the U.S. listed on JOE is down 14.9% from last year, and is 20.3% lower than during COVID (2020).
Demand for Econ PhDs is down among both 4-year colleges and at universities with a grad program in the U.S.
November 25, 2025 at 5:23 PM
Demand for Econ PhDs is down among both 4-year colleges and at universities with a grad program in the U.S.
In terms of full-time academic jobs in the US, it is definitely better than during COVID (33.2% more job listings), but clearly worse than all years since (e.g. 34.6% fewer listings than this time last year).
November 25, 2025 at 5:23 PM
In terms of full-time academic jobs in the US, it is definitely better than during COVID (33.2% more job listings), but clearly worse than all years since (e.g. 34.6% fewer listings than this time last year).
These graphs are updated weekly and are available online here:
www.aeaweb.org/about-aea/co...
www.aeaweb.org/about-aea/co...
JOE Openings by Week - Pre-ASSA
www.aeaweb.org
November 5, 2025 at 10:13 PM
These graphs are updated weekly and are available online here:
www.aeaweb.org/about-aea/co...
www.aeaweb.org/about-aea/co...
Clearly, this is a year of weak demand for PhD economists in many sectors - especially government, but also academia and the private sector. Best wishes to all of those on the market this year.
November 5, 2025 at 10:11 PM
Clearly, this is a year of weak demand for PhD economists in many sectors - especially government, but also academia and the private sector. Best wishes to all of those on the market this year.
A relative bright spot is hiring in the private sector - while low, it is still comparable to that in some recent years.
November 5, 2025 at 10:11 PM
A relative bright spot is hiring in the private sector - while low, it is still comparable to that in some recent years.
Due to DOGE cuts and then the shutdown, the number of listings for jobs in the US Federal government is down about 75% compared to recent years.
November 5, 2025 at 10:11 PM
Due to DOGE cuts and then the shutdown, the number of listings for jobs in the US Federal government is down about 75% compared to recent years.
The number of nonacademic jobs on JOE is also lower than during COVID - 38.2% lower.
November 5, 2025 at 10:11 PM
The number of nonacademic jobs on JOE is also lower than during COVID - 38.2% lower.
The number of full-time academic jobs outside the U.S. listed on JOE is down, and lower than during COVID. Could partly be due to increased formalization of European mkt and perhaps less use of JOE.
November 5, 2025 at 10:11 PM
The number of full-time academic jobs outside the U.S. listed on JOE is down, and lower than during COVID. Could partly be due to increased formalization of European mkt and perhaps less use of JOE.
Among full-time academic jobs in the US, the demand is perhaps better at 4-year colleges than at universities with a grad program.
November 5, 2025 at 10:11 PM
Among full-time academic jobs in the US, the demand is perhaps better at 4-year colleges than at universities with a grad program.
In terms of full-time academic jobs in the US, it is definitely better than during COVID (56.8% more listings), but clearly worse than all years since (e.g. 35.1% fewer listings than this time last year).
November 5, 2025 at 10:11 PM
In terms of full-time academic jobs in the US, it is definitely better than during COVID (56.8% more listings), but clearly worse than all years since (e.g. 35.1% fewer listings than this time last year).
Speakers include: @michelebelot.bsky.social @bradfowd1.bsky.social @johncawley.bsky.social Rena Conti, Edel Doherty, David Grabowski, @johnmullahy.bsky.social Cormac O'Grada, Ciaran O'Neill, Mark Sculpher, @davidslusky.bsky.social @justinsydnor.bsky.social & Rebecca Thornton
October 29, 2025 at 1:05 PM
Speakers include: @michelebelot.bsky.social @bradfowd1.bsky.social @johncawley.bsky.social Rena Conti, Edel Doherty, David Grabowski, @johnmullahy.bsky.social Cormac O'Grada, Ciaran O'Neill, Mark Sculpher, @davidslusky.bsky.social @justinsydnor.bsky.social & Rebecca Thornton
Fewer full-time non-academic job openings than during COVID, with jobs in the US Federal Govt particularly low (not surprising given DOGE and the shutdown)
October 20, 2025 at 3:14 PM
Fewer full-time non-academic job openings than during COVID, with jobs in the US Federal Govt particularly low (not surprising given DOGE and the shutdown)
FT academic jobs outside the US also down, and worse than during COVID (2020).
October 20, 2025 at 3:14 PM
FT academic jobs outside the US also down, and worse than during COVID (2020).
Relatively speaking, it's a worse year for jobs in research univ than in liberal arts colleges/teaching institutions
October 20, 2025 at 3:14 PM
Relatively speaking, it's a worse year for jobs in research univ than in liberal arts colleges/teaching institutions