Labor Market Recap July 2024
A 50 basis point cut should be the base case after today and further slowdowns in the remaining jobs and inflation reports between now and the September meeting may bolster the case for more drastic action this year.
Employment
46 postsFire Prevention over Fire Fighting: The Case for Preemptive Cutting
Fire prevention—rather than fire fighting—is a better approach to risk management when it comes to the labor market. When it comes to unemployment risk, the Fed should be proactive and preemptive, not reactive.
Labor Market Recap June 2024: Fed, Start Thinking About Cuts
With all of the softening in the labor market, it’s time for the Fed to actively discuss starting the process of rate normalization.
Labor Market Recap April 2024: What Reacceleration?
The data is consistent with those hoping for a soft landing—and soft landing cuts.
Labor Market Recap March 2024: America Stays Employed
This is overall a good jobs report. Job growth is solid, and there are no obvious signs of weakness.
