Despite 213K Jobs Gain, Unemployment Up by 499K: Wage Growth Anemic Again
The labor force expanded by 601K sending the unemployment rate up to 4.0% from 3.8%. Wage Growth missed expectations.
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The labor force expanded by 601K sending the unemployment rate up to 4.0% from 3.8%. Wage Growth missed expectations.
Alpine Macro put together an interesting set of charts with commentary. Let’s take a look.
This article was published in collaboration with the Marshall Project. Sign up for their newsletter.First, let me situate you: doors…
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On July 2, the GDPNow model for 2nd-quarter GDP jumped to 4.1% from 3.8%. An email exchange with Pat Higgins…