Job market for Economics Ph.D.s: 2024 versus the past 5 years

 Here's a scary story for Halloween: the job market for new Econ PhDs is off to a somewhat slow start: in the figures below, see the bright blue line of positions for 2024 to date.  There's still room to grow (as indeed we've seen in previous years).  And we're way ahead of 2020, the deep Covid year.

To: Members of the American Economic Association
From: AEA Committee on the Job Market:  John Cawley (chair), Elisabeth “Bitsy” Perlman, Al Roth, Peter Rousseau, Wendy Stock, and Stephen Wu
Date: October 30, 2024
Re: JOE job openings by sector, 2024 versus the past 5 years

"This memo reports the cumulative number of unique job openings on Job Openings for Economists (JOE), by sector and week, compared to the same week in recent years."

Course allocation at Stanford

 The Stanford Daily has the story:

New course enrollment system proposed to decrease stress and increase equity

"An alternative enrollment system called Griffin could allow students to submit proposed class schedules during a one-to-two week window.

"Griffin, presented by computer science professor Philip Levis at the Undergraduate Senate’s (UGS) Wednesday meeting, would replace the current system in which many students attempt to enroll in classes at the same time.

"The system’s proposed algorithm, called Approximate Competitive Equilibrium from Equal Incomes (A-CEEI), would process submitted courses and return final schedules within 48 hours. Levis says Griffin would prevent system crashes, increase equity and improve the experience of course enrollment.

“It’s strategy-proof, so there’s no way to game the system,” Levis said. “It reduces stress. There’s no time limit you have to submit in, no rush to submit in your time window. You just submit and you know it’s going to be fair.”

"Paul Nuyujukian M.D. ’12 Ph.D. ’14, assistant professor of bioengineering and a member of the Committee on Academic Computing and Information Systems (C-ACIS), said that 10% of Stanford courses are “oversubscribed,” meaning that enrollment is more than 95% of the classes’ capacity. According to Nuyujukian, a quarter of these classes have enrollments that exceed the enrollment cap.

...

"In contrast to the current scramble for courses, timing would have no impact on enrollment outcomes."