The reported number of unemployed people (7,163,000) plus the weekly mean of Unemployment Insurance Initial Claims (240,000) pushed the US Unemployment Rate to almost 4.4% during the month of July 2024. Interpreting […]
Despite recent labor market cooldown news, data show price increases may have a greater risk than unemployment rate increases. Analysts looking to understand the balance of risk within the Federal Reserve dual […]
July 2024 marks two years of constant decline in frictional unemployment levels. Labor Quits Data continue to show employees are staying put, while Separations Data show employers do not easily let go […]
County Unemployment Rate Worcester County 3.4 Allegany County 2.9 Baltimore city 3 Cecil County 2.3 Baltimore County 2.3 Carroll County 1.7 Calvert County 1.9 Dorchester County 2.4 Anne Arundel County 1.9 Frederick […]
The number of salaried workers, which excludes self-employed, decreased to levels seen in the third quarter of 2022. The annual percent change registered a negative number (-1% on an annual basis) only […]
International trade contributes mixed signals on import prices as fuel and major trade partners’ prices offset each other. Prices for all import items from Canada, Mexico, and Europe increased by 3.2 percent […]
Core Inflation remains over the Federal Reserve Target 2% mostly driven by Cost of Shelter. However, Cost of Shelter shows a lagged effect from monetary tightening. It is a matter of time and […]
Despite increases in sector productivity and median home prices, recent events on commission distribution and high interest rates on mortgages have led the real estate business activity to slow down in the […]
The US economy is keeping track on a healthy and sound equilibrium as hiring, workers, and unemployment show encouraging data. On June 2024 the 4.1% US Unemployment Rate shows little change as […]
Employees quitted jobs at a lower pace gearing up for the summer 2024. Current BLS Quits Data could have spillovers on Monetary Policy, Mortgages, and Remote Work. Voluntary separations from employment went […]
