Labor Markets
133 postsMid-April State Space: All Still To Play For
Welcome to our State Space series. Here you will find how we’re thinking about the pathways and scenarios that could take us to critical economic states. We...
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Causal Theme: By the Fed's "Core Services Ex Housing" Logic, The Fed's Inflation Narrative Is Due For Revision
Summary: If we focus on the domestic labor that contributes to "Core Services Ex Housing PCE" output, we see that wage growth is no longer looking...
Labor Market Recap March 2023: We’re Getting Something in Labor Supply Now
The data from the March labor market show continued labor market strength. As was true last month, almost all employment-based indicators show improvement from the previous month, even...