U.S. employment and wages
Anatomy of An Hour After U.S. Jobs Report Exceeds All Imagined Scenarios
February 2, 2024
The January U.S. Labor Department jobs situation data depict a much hotter labor market to start 2024 than conceived previously. The consensus forecast of a 180k rise in nonfarm jobs in January was more than met by a combined 186k upward revision to fourth-quarter employment growth resulting from annual benchmark revisions. Plus, the January 2024 […] More
New Wave of Anxiety over Europe
January 9, 2015
Share prices are down by 3.0% in Spain, 1.1% in Italy, 0.7% in Britain and France, and 0.6% in Germany. An unexpected 0.1% dip in German industrial production during November was reported today, along with news of smaller-than-forecast current account and trade surpluses that month and a 2.1% on-month decline in exports. The EUR 18.6 […] More
