Calls of a global economic slowdown and U.S. recession risks are swirling into the perfect storm as officials continue to keep a close eye on economic prints. FWDBONDS Chief Economist Chris Rupkey and … Calls of a global economic slowdown and U.S. recession risks are swirling into the perfect storm as officials continue to keep…
At 4.1%, Erie’s unemployment rate has never been better. Is the economy that good, or is this a function of a worker shortage? At 4.1%, Erie’s unemployment rate has never been better. Is the economy that good, or is this a function of a worker shortage? See the entire article on Arizona’s unemployment, or, read…
The U.S. economy added more jobs in July, but the overall unemployment rate rose. This may sound counterintuitive, but there’s a simple explanation. The U.S. economy added more jobs in July, but the overall unemployment rate rose. This may sound counterintuitive, but there’s a simple explanation. See the entire article on Arizona’s unemployment, or, read…
The August jobs numbers were mostly good with one big exception, a 0.3 percentage point rise in the unemployment rate to 3.8 percent. This is still a relatively low rate. Coming out of the Great Recession, The August jobs numbers were mostly good with one big exception, a 0.3 percentage point rise in the unemployment…
China is facing a growing list of problems — real estate, semiconductor bans, and labor market gyrations. The world’s second most populous country also has a major youth unemployment problem. Since the end of 2022, China’s urban youth unemployment rate has risen to 21%, as of June 2023. This is up from 15.4% just two…
Usually when the economy adds a lot of jobs in a given month the unemployment rate ticks down. That wasn’t the case in August. Usually when the economy adds a lot of jobs in a given month the unemployment rate ticks down. That wasn’t the case in August. See the entire article on Arizona’s unemployment,…
U.S. job growth picked up in August, but the unemployment rate jumped to 3.8% and wage gains moderated, suggesting that labor market conditions were easing and cementing expectations that the Federal Reserve will not raise interest rates this month. U.S. job growth picked up in August, but the unemployment rate jumped to 3.8% and wage…
U.S. job growth picked up in August, but the unemployment rate jumped to 3.8% and wage gains moderated, suggesting that labor market conditions were easing and cementing expectations that the Federal … U.S. job growth picked up in August, but the unemployment rate jumped to 3.8% and wage gains moderated, suggesting that labor market conditions…
The U.S. unemployment rate jumped to an 18-month high of 3.8% in August. Does that mean the economy is tottering and layoffs are rising? Ah, no. Here’s why. The U.S. unemployment rate jumped to an 18-month high of 3.8% in August. Does that mean the economy is tottering and layoffs are rising? Ah, no. Here’s…
US stock futures popped after the August jobs report gave more fuel to the debate over the Fed’s next move on interest rates. US stock futures popped after the August jobs report gave more fuel to the debate over the Fed’s next move on interest rates. See the entire article on Arizona’s unemployment, or, read…