NFP
22 postsRevision Whiplash: Why Coverage of Nonfarm Payroll Growth Is Messy, And How To Track Underlying Growth Better
Summary The main purpose of real-time macroeconomic data releases is to track the evolution in the underlying growth rate of economic activity. The precise levels of employment, wages,...
Labor Market Recap August 2023: How Much Slowing is Left?
The August 2023 labor market data points to a labor market that, while strong and not recessionary, is certainly slowing down more starkly than earlier this year. The...
Labor Market Recap July 2023: Slowing, but Strong
The July 2023 labor market data continues to confirm the story we’ve been telling for months: while slowing down, the labor market remains strong, with high levels...