Deeper Analysis
Level of U.S. Employment Still Under Historical Trendline
March 12, 2018
The growth of U.S. nonfarm payroll employment in the 1980s (i.e. between December 1979 and December 1989) was 1.841% per annum or virtually identical to the 1.837% per year pace in the ensuing 1990s. The similarity of those figures covering the final fifth of the twentieth century establishes a long-term trendline entering the current century. […] More
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Markets Continue to React to Friday’s Good U.S. Jobs Report
March 12, 2018
Equity markets made broad gains in the Pacific Rim, advancing 2.0% in Hong Kong, 1.8% in India, 1.7% in Japan, 1.6% in Singapore, 1.3% in Taiwan, 1.1% in Indonesia and New Zealand, 1.0% in South Korea, and 0.6% in China and Australia. Likewise, stocks are up 1.8% in Greece, 0.7% in Germany, 0.6% in Spain, […] More
