employment
The Leading & Coincident Index of Employment are nearing the historical “brink” of the waterfall.
The October Coincident Employment figures were influenced by the auto-strike, so we should reserve some judgment until those numbers are added back in November. 15 individual components are used across both indexes which reduces outsized distortions. — Eric Basmajian (@EPBResearch) November 16, 2023 https://twitter.com/MichaelAArouet/status/1725263899421712636 "It will probably start on a Friday" https://t.co/0EOYev1sC3 pic.twitter.com/9BBQamj3GK — Financelot …
The construction industry could be next to see employment fall off a cliff… and then the dominoes continue on…
With no materials being delivered, the construction industry could be next to see employment fall off a cliff. The projects that were keeping blue collar workers employed are finishing up and coming to an end with no new projects starting. And then the dominoes continue on… — Modern Day Jedi (@Modern_Day_Jedi) October 15, 2023 PAUL …
Inflation Alert! New York Fed Business Survey (New York State, northern New Jersey and southwestern Connecticut): “Employment continued to increase slightly, and wage growth picked up. The pace of price increases was somewhat higher than last month”. Inflation is not slowing down!
by Dismal-Jellyfish https://www.newyorkfed.org/medialibrary/media/Survey/business_leaders/2023/2023_08blsreport.pdf Wages and Prices expected to continue rising over the next 6 months. TLDRS: New York Federal Reserve Bank’s August 2023 Business Leaders Survey shows the region’s (New York, southern New Jersey, and southwestern Connecticut) service sector activity as stable for the second month in a row. Remember, services are where ~2/3 of …
Employment growth remains positive in first 8 months of 10Y3M inversions; next 8 months should be concerned.
Sometimes – you don't have to be great – you just gotta be average… pic.twitter.com/H2vpjXzWZJ — Don Johnson (@DonMiami3) August 15, 2023 Biden called and he wants his 1980 Senate seat back pic.twitter.com/cbPod1B6ip — Don Johnson (@DonMiami3) August 15, 2023 Nice chart Eric👍 Also, employment growth is always positive in the first 8 months of …
GDP and Employment following 10y:3m yield curve inversion
by InternationalTop2405 The 10Y treasury was introduced in 1968
Inflation Alert! The Reserve Bank of New Zealand’s Monetary Policy Review July: The Official Cash Rate (OCR) held at 5.5%. Employment above sustainable level, Consumer spending slows. Could this be the start of other central banks pausing this time as the Fed take the lead with the July rate hike?
by Dismal-Jellyfish https://www.rbnz.govt.nz/hub/news/2023/07/official-cash-rate-remains-on-hold Highlights: The RBNZ has decided to keep the Official Cash Rate (OCR) at 5.50%. Remember, this is the rate of interest which the RBNZ charges on overnight loans to commercial banks. The RBNZ expects the OCR to remain at this level for a while to ensure inflation returns to the target range …
Nonfarm payrolls increased, but household employment decreased, suggesting some families may be struggling financially.
by DesmondMilesDant What is going on here at the Non-Farm payrolls report? Let me confuse you from something in 2008. According to the most recent jobs report, nonfarm payrolls increased by 339 thousand in January. This is good news for the economy, as it indicates that more people are finding work. However, there was a …