No Matter What Happens, There's Still Work To Do - Employ America Beyond 2024
We take our nonpartisan public mission seriously. We do our best to highlight the threats to full employment, what public policy can do to achieve full employment, and the full suite of benefits that can flow from full employment. We'll...
November 2024 FOMC Preview
After the excitement at the September meeting, November is going to be relatively less exciting.
Labor Market Recap October 2024: A Messy Report, but the Slowing Thru-line Remains
Due to the October payroll number marred by hurricanes and the Boeing strike, the real signal comes from the household survey (where those who are absent due to weather are still counted as employed) and the negative revisions to previous months.
September 2024 Core-Cast Post-PCE: Cooler Than We Expected But Still On The Hotter Side
Most of the Personal Consumption Expenditures (PCE) inflation gauges are sourced from Consumer Price Index (CPI) data, but Producer Price Index (PPI) input data is of increasing relevance,...
Breaking Out of Stagnation: US Productivity Growth Is Clearly Beating Pre-Pandemic Trends Right Now
After taking into account data revisions and the Q3 GDP release, productivity growth is running stronger in the post-pandemic period, at about a 2% annualized pace. This stands...