Federal Open Market Committee’s meeting minutes (July 30–31, 2024) show that the Fed’s staff see the Labor Market as rebalancing instead of weakening (read US labor market is neither shrinking nor expanding, […]
The week ending on 2024-08-17 registered a preliminary number of 232,000 new claims. The US Department of Labor’s reported number is not significantly different than its previous ten weeks running average of […]
Considering recent data on Unemployment Insurance Claims where new issues are both not outstanding, and within the trend (227,000), as well as employment payroll lackluster additions (114,000), what labor analysts observe is […]
Recent uptick in the Unemployment Rate may be a spillover of the so-called “Great Resignation”. The main effect of the phenomenon has been a tight Labor Market where employers struggled to find […]
The week ending on 2024-08-10 registered a preliminary number of 227,000 new unemployment insurance claims. The US Department of Labor’s reported number is significantly lower than its previous ten weeks running average […]
Inflation remained persistently sticky during July 2024. Reported Data on Headline Inflation for the month read at 2.84 percent change on over-the-year basis. Change over-the-month totaled 0.15 percent. The current over-the-year change […]
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 […]
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 […]
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