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 […]
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 […]
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 latest qualitative data, the Beige Book, shows flat to modest growth in economic activity across most of the US economy. The Cleveland and Minneapolis Federal Reserve Bank Districts informed of softening […]
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 […]
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