Sam Kuhn | Source | Economist at Appcast, Inc

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Sam Kuhn

Economist at Appcast, Inc
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Sam Kuhn is an Economist at Appcast. He holds a Bachelor’s degree in Economics from Arizona State University and currently resides in Denver, Colorado. He primarily researches and writes about long term trends within the labor market and how macroeconomic forces change these patterns.

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  • 2010s Optimism Fades: Gen Z Faces Economic Uncertainty
    Sam explains that the early 2010s saw tech sector growth, offering millennials optimism despite economic challenges. However, post-pandemic shifts, rate hikes, and AI fears have left Gen Z facing high unemployment and uncertainty. With 66% of young Americans fearing job loss to AI, the economic outlook appears bleak, contrasting the hopefulness of the previous decade.
Recent Quotes
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  • SHRM (July 2024)

    Sam Kuhn, an economist at Appcast, said that the labor market is rapidly shifting from tight to balanced, as businesses have scaled back their appetite for hiring. “As the Federal Reserve decided to keep interest rates at their current level, pressure will continue to mount to reduce rates in September to ease this softening labor market,” he added.

    “Health care and education have kept the labor market afloat for many months now,” Kuhn said. “Outside of health care, construction is a surprising growth industry, weathering the storm of elevated interest rates.”

  • SHRM (May 2024)

    “Health care continues to be the powerhouse of the labor market, adding 68,000 new jobs,” said Sam Kuhn, an economist at Appcast. “Leisure and hospitality also continued to trend upward, adding 42,000 new jobs.”

    Despite recent stubborn inflation, wage growth continued to moderate for the past several months, Kuhn said. The slight increase in average hourly earnings in May is important to watch “as this could be a potential warning sign to the Federal Reserve of a wage-price spiral, where higher inflation begets higher wage growth,” he said.

  • HR Dive (Feb. 2024)

    Due to revisions, the three-month average for job growth is below 170,000, “the lowest in the post-pandemic recovery,” said Sam Kuhn, economist for Appcast.

    “The labor market remains quite resilient,” Sam Kuhn, Appcast economist, said in a statement. “The gap between supply and demand continues to narrow.”

    Prime-age labor force participation also flattened, Sam Kuhn, economic data analyst at Appcast, noted.