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.
Jobs Day
43 postsLabor 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 May 2024: Still Cool
The totality of the evidence points more towards a cooling (but still good!) labor market than heating up, despite the payroll prints.
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.
Labor Market Recap, February 2024: Back to "Slowing, but Strong"
After what appeared to be (on the surface and at first glance) a hot January, the labor market data for February 2024 signaled a return to the narrative we followed throughout last year: the labor market is slowing, but remains strong.
