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Jobs Friday! US Avg Hourly Earnings In April Increase To 4.4% YoY, Too Bad Core Inflation Is At 5.6% YoY (Jobs Revision Loses -149K Jobs)

May 5, 2023 8:09 pm

by confoundedinterest17 The good news? The US economy added 253k jobs in April. The bad news? Last months jobs report of 236k jobs added was revised downwards to 165k jobs added. US average hourly earnings year-over-year (YoY) rose in April to 4.4%. …

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Consumer credit, Miles driven, Income revision

August 9, 2018 10:43 pm

by WARREN MOSLER More Q2 weakness: Highlights Consumers credit came in below expectations, up $10.2 B in June as consumers held back from adding to their credit-card debt and even paid off some of it following a spending spree in …

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