Revelio Labs

@reveliolabs.com

Understand the workforce Follow for more workforce insights Subscribe for the latest: https://revelio.link/blueskysubscribe

Economist Charoo Anand explores how places like Wall Street and Hollywood became synonymous with entire industries. But where do industries cluster today? And is the industry itself, or the concentration of talent, more important? revelio.link/4xc1zOq

Industries Cluster, but Silicon Valley Is Something Else

Wall Street is an eight-block stretch through Lower Manhattan, synonymous with American finance. After Wall Street crashed, the Great Depression spurred Hollywood's Golden Age. Hollywood, on the oppos...

revelio.link

If conquering a people eventually makes them richer, was the conquest justified? John Winthrop thought so in the 1630s. Classical economists later argued the opposite: prosperity doesn't legitimize the loss of freedom or consent.

AI is changing not just which workers are hired, but what workers do. Here are the top five fastest-growing and shrinking activities, holding the occupational mix fixed.

Bild

Employment in the most AI-exposed occupations has grown about 4% less than employment in the least-exposed occupations since the launch of ChatGPT. We find that the decline is larger for younger workers in exposed occupations, compared to older workers.

Bild

AI may be making hiring less effective. The hiring process is producing fewer successful matches. The job postings-to-hire ratio has climbed steadily for six years and surged since late 2022. Employers are posting jobs, but each posting is becoming far less likely to result in a hire.

Bild

AI is changing work faster than jobs. Our activity dissimilarity index (DI) measures how much the work people do across the economy has changed compared with a year earlier. After remaining relatively stable, it has risen sharply over the past three months.

Bild

Introducing the AI Labor Market Tracker. A free, monthly publication measuring how AI is reshaping the U.S. labor market. The first edition is available now.

BildBildBildBild

Our Senior Macroeconomic Analyst examines the widening gap in wage growth, showing how employers are directing larger pay increases toward already high-paying roles while lower-wage workers lose ground to inflation.

Our next Revelio Labs Research Seminar is July 30th at 11am ET! Steve Utke will present “Do Retirement Benefits Shape Auditor Turnover and Audit Quality? Evidence from Big 4 Auditors" The seminar will be hosted live on Zoom. Register here: revelio.link/4u9FIpp

Bild

Between Q2 2025 and Q2 2026, advertised salaries for bottom-decile jobs actually fell 2.2% in real terms (after adjusting for 3.8% CPI inflation), while ninth-decile jobs rose 7.5% and the top decile rose 6.4%.

Bild

As AI reshapes economies around the world, attitudes toward the technology vary widely. Jasmine Sun discusses why China is often seen as more accepting of AI and how that perception differs from reality.

Wage inequality in advertised pay is widening. Since 2022, salaries from new job postings for the highest-paying deciles have risen far faster than those for lower-paying roles.

Bild

Jasmine Sun discusses the concept of "Meat robots": a future in which AI surpasses humans cognitively before advanced robotics arrives, leaving physical labor as one of the last remaining human advantages.

The next generation of startups is being built differently. As AI, deep tech, cybersecurity, and infrastructure become a larger share of the startup ecosystem, technical expertise is becoming a greater competitive advantage.

Recent founders are more likely to build in industries that match their most recent pre-founding work. The share of founders whose prior employer industry matches their unicorn’s industry moves from the low-20% range in the mid-2010s to the high-30% range in the most recent years

Bild

According to Revelio Labs data featured in Bloomberg Law, job postings for chiefs of staff more than doubled last year, with top salaries reaching $400,000 as organizations navigate the uncertainty of the AI era revelio.link/4w82HCz

The $400,000 Chief of Staff Is CEO’s Secret Weapon in the AI Age (2)

A growing number of corporate leaders, buckling under the stress and uncertainty of the AI age, are looking for a very human solution: A chief of staff.

revelio.link

According to new analysis by Ege Aksu, PhD, the archetype of a unicorn founder is changing. Europe’s newest billion-dollar startups are increasingly being built by founders with deeper technical backgrounds, longer careers, and more industry expertise.

Economists generally view immigration policy from a highly individual-oriented perspective. Philosophers are more divided, with views ranging from open borders to libertarianism.

“Immigrant families are investing in education at a higher rate than similarly situated US-born families.”— Leah Boustan, Professor of Economics and Director of the Economic History Program at Yale University

Immigrants largely avoided the agricultural South, instead settling in rapidly growing manufacturing hubs like Chicago, Detroit, and New York in search of greater economic opportunity. More in this week’s episode of The Economics of Work with Ben Zweig and guest Leah Boustan, linked below.

The MBA is out. The technical founder is in. As the typical founder becomes more experienced and technical, she explains how the founder pipeline is shifting from finance and consulting toward Big Tech, academia, and deeper industry expertise revelio.link/3RwgZxI

Who Builds Europe's Unicorns? The New Founder Profile | Revelio Labs

Revelio Labs and Accel analyzed 290 European unicorn founders. The new profile is more experienced, more technical, and less finance-led. They are also more educated as the share of PhDs has doubled a...

revelio.link