Andrew Fribush
fig. 1.1.13 · the wave, as measured: the pool by weeks of search, hired or giving up at the real rates.
THE POOL AS MEASURED, JUL 2026 · 6,937,000 PEOPLE · 1 DOT = 30,000↓ 465,000 ENTER EACH WEEKODDS FALL AS THE SEARCH AGES →30,000WEEK 013HALF A YEAR39A YEAR+↑ HIRED, TO WORK↓ OUT OF THE LABOR FORCEWEEK +0 · SEARCHING: 6,930,000 · HIRED: 0STOPPED LOOKING: 0MEASURED EXITS, MONTHLY: 1,676,000 HIRED · 1,712,000 STOP LOOKINGBLS CPS · STOCKS + FLOWS
HALF OF EVERYONE WHO EXITS, EXITS WITHOUT A JOB

source: BLS CPS stocks + flows (UEMPLT5…27OV, LNS17100000, LNS17900000) · searchWave.data.ts

All figures

Andrew Fribush, software and computer engineer in Austin. I build consequential systems where software meets institutions: finance, healthcare, commerce, government data, and the mechanisms that govern AI agents. Taking new engagements: hello@andrewfribush.com.