The US Unemployment Rate remained almost unchanged at 4.1% during September 2024 according to data released by the US Bureau of Labor Statistics. The factors driving the monthly change were largely the […]
The Federal Reserve’s main facility that works as a transmission mechanism is working as expected. In the first cut in almost two years, the Interest Rate on Reserve Balances brought down the […]
July’s unexpected surge in the unemployment rate drove much of the attention to the labor market as a focus in the balance of risk for monetary policy. Most of the preliminary conclusions […]
Inflation curbed down in August to 2.5 percent; however, the Shelter Index jumped up to 4.95 percent. The Shelter Consumer Price Index went up for the first time after twelve months of […]
A stagnant labor market shows expectations of growth are neutral, thereby freezing employment growth. The current state of stagnation in the labor market has been visible in July and August’s stops in […]
The week ending on 2024-08-31 registered a preliminary number of 227,000 new claims. The US Department of Labor’s reported number is significantly lower than its previous ten weeks running average of 234,545. […]
Now is the time for labor market analysts to turn to qualitative data insights. Survey data keeps pouring in, showing a resilient labor market that seems to be contradictorily weathering low expectations […]
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 […]
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