Friday morning news drop
Pay Raises Really Are Tied To Switching Jobs The typical worker who changed jobs between April 2021 and March 2022 saw earnings jump by 9.7% from a year earlier, after accounting for inflation, according to the Pew Research Center. (CNBC)
Is the US Economy in Recession? Here Are Eight Offbeat Indicators to Watch: From popping the bubbly to shopping for underwear, pundits look at alternative ways to measure sentiment. (Bloomberg)
The Price of Admission: Down 5% months don’t happen very often but they’re not completely out of the ordinary. Over the past 96 years, on average, the stock market is down 5% or worse in a month about once a year. (A Wealth of Common Sense)
We Built This City High above street level, thousands of hard-hatted men and women are busy constructing the city’s new condos and office towers. Inside the gravity-defying lives of Toronto’s high-rise workers. (Toronto Life)
The Baseball Stadium That “Forever Changed” Professional Sports Camden Yards, which opened 30 years ago this summer, is revered for its design and downtown location. But its influence—along with its lessons—extends beyond architecture. (Ringer)
The Origins of Covid-19 Are More Complicated Than Once Thought Scientists used painstaking research, genomics, and clever statistics to definitively track two distinct strains of the virus back to a wet market in Wuhan. (Wired)
What’s the Deal With Water Bottles? Once you start looking for drinks in standup specials, they’re everywhere … (New York Times)
What Should a Nine-Thousand-Pound Electric Vehicle Sound Like? E.V.s are virtually silent, so acoustic designers are creating alerts for them. A symphony—or a cacophony—of car noise could be coming to city streets. (New Yorker)
The U.S. made a breakthrough battery discovery The former UniEnergy Technologies office in Mukilteo, Wash. Taxpayers spent $15 million on research to build a breakthrough battery. Then the U.S. government gave it to China. (NPR)