Labor Markets
126 postsPost-December FOMC: The Fed Gets Pessimistic About Inflation, but Shouldn't Downplay Labor Market Risk
If there’s one takeaway from this meeting, it’s that the Committee wants to position themselves much more cautiously on the inflation outlook, but the Fed is just a couple of bad labor market prints from having to put more cuts back on the table.
Labor Market Recap November 2024: Tepid
The labor market is treading water at this point. It’s not drowning, but it’s unclear how long it can remain in this state.
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.
