It has been an #amazing streak of #employment beats.It almost seems that someone is manipulating the data to support a #political agenda.But that would just be #crazytalk. h/t @thedailyshot pic.twitter.com/Y81yjGAaHH — Lance Roberts (@LanceRoberts) May 8, 2023
Working past 65 has become more common in recent years than ever before. Many people are postponing retirement until their full retirement age or even after. Most people become eligible for Medicare at 65 unless they qualify early due to …
by: Belle Carter (Natural News) The U.S. economy is still trapped in the midst of a looming collapse as more companies recently announced mass retrenchment, a clear indication that the tsunami of layoffs that started late last year is continuing to …
by confoundedinterest17 The important labor market cost index, the US Employment Cost Index (ECI) fell in Q4 2022 to 1.0%, down from 1.2% in Q3. Notice that ECI is falling as M2 Money growth falls. Fed meeting coming on Wednesday!
Wrapping my head around why anyone thinks Fed pivot: employment cost index came in at 5.0%, core PCE 5.1% – both accelerated m/m. — Stephanie Link (@Stephanie_Link) October 30, 2022 66% of American workers are worse off financially than a …
by BoatSurfer600 Higher prices, skimpier portions and apps — how fast-food chains are changing value deals New car inflation is massively outpacing your pitiful wage increases.
The guardian “We face a global economic crisis” now with low unemployment > but nobody will tell you that we’ll face global financial crisis once unemployment will explode Central banks are freaking out right now will full employment.. fasten your …
by sundance You do not need anyone to affirm that Main Street is in trouble, you can see it all around you. Inflation is crushing blue-collar and white-collar workers as prices continue to rise on essential goods. Consumer spending is now …
by confoundedinterest17 Not only has The Federal Reserve driven M2 Money Velocity to near historic lows, but now we find out that the Employment Cost Index just rose to a historic high. Of course, a variety of minimum wage laws have …
by confoundedinterest17 U.S. employment costs rose at the fastest pace on record in the third quarter as companies across a variety of sectors raised wages against a backdrop of labor shortages. The employment cost index, a broad gauge of wages and …
*WILLIAMS: LONG WAY TO GO TO GET BACK TO MAXIMUM EMPLOYMENT GOAL There are 2.3 million more job openings than there are unemployed people in the entire US of A — zerohedge (@zerohedge) September 8, 2021 A new record for …
Moving overseas is a goal for many people, but unless you’ve budgeted and saved enough money to sustain yourself during your stay, you’ll have to find an employment method abroad to make it happen. You might even save on your …
CHINA COLLEGE GRADUATES FACES RELATIVELY BIG PRESSURE ON EMPLOYMENT – STATS BUREAU SPOKESPERSON — First Squawk (@FirstSquawk) July 15, 2021 #China's #GDP grew 12.7% y/y in the first half of the year to 53.22 tn yuan. The two-year average GDP …
by WARREN MOSLER Looks like there was a drop in employment growth by firms with under 50 employees: ‘Last hire first fired’ has made this a leading indicator in prior cycles: Heavy-Duty Truck Orders Hit the Brakes in March Trucking …
via pjmedia: You can’t go a week without another report of businesses and people leaving California because of the high cost of housing. Today it’s the Wall Street Journal’s turn, in a story headlined, “California Has the Jobs but Not Enough Homes.” …
by WARREN MOSLER No let up!
by WARREN MOSLER No let up!
Breaking down Employment, Wages, and the Participation Rate (Link to article below) https://www.cbc.ca/news/business/jobs…
by WARREN MOSLER It will take another few months to know if this is just ‘noise’ or it’s about to go negative. If you average the last two months, for example, it’s about 165,000 each: Highlights Averaging extremes is good …
by visualcapitalist Where will tomorrow’s jobs come from? It’s a fair question, and it’s certainly one that is a hot topic of debate among experts trying to figure out the ultimate impact of AI and automation on the global economy. While …
via knowledgeleaderscapital: Today’s “blowout” employment report, while strong in some respects, should be taken with a grain of salt. It’s important to remember that employment is a lagging indicator. Payroll employment often peaks either at the beginning or middle of recessions, …
Via Investment Research Dynamics Last month the Government’s Bureau of Lies And Statistics served up an employment report purporting 312,000 new jobs in December. This despite massive seasonal retail lay-offs in the latter half of the month. The BLS happily …
via thediplomat: At a meeting in July 2018, the Chinese Communist Party’s Politburo analyzed the current economic situation and proposed stabilizing employment, finance, foreign trade, and investment to tackle external changes and ensure stable economic operations effectively. Within that list, the …
by WARREN MOSLER Lots of headlines pointing to corporate weakness: Amazon sales outlook falls short after record holiday quarter (Reuters) Fast and free shipping helped the world’s largest online retailer boost revenue by 20 percent. Net income jumped 63 percent …
Financial Survival Network, Released on 1/25/19 Andrew Zatlin has turned bearish on the economy and employment. We’ve plateaued and that means it’s down from here. How we get there is the question. Obviously, central banks will be pumping in liquidity …
by WARREN MOSLER Agent Orange, the self proclaimed tariff man, taking the EU: US decelerating: I would have expected Chile to be affected most by global warming… It’s becoming more clear to me that lending shifted from banks to other …
By Lance Gaitan Talk about volatility! The unemployment rate stayed at 3.7%, but the expected 190,000 non-farm jobs missed the bar by 35,000, only managing 155,000. To add to that misery, October jobs were revised lower by 14,000 jobs. Wage …
by WARREN MOSLER Employment growth had been decelerating with the collapse in oil capex in Dec. 2014, but had started to accelerate with the initial impact of the year-end tax cuts, which now look to be fading: Highlights Sustainable non-inflationary …
By Bill Bonner BALTIMORE, MARYLAND – The show went on! And, as we predicted, The Donald claimed victory… and stocks went up. When we left you on Friday, Mr. Trump was on Air Force One. He was on his way to …
by WARREN MOSLER Highlights Consumer credit growth slowed more than expected to just $10.9 billion in September, below Econoday’s consensus range and less than half of the upwardly revised $22.9 billion August increase. Growth slowed in nonrevolving credit, which rose …