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Wages

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24 days ago

Trump is pushing 50-year mortgages. Talk about short-term thinking | Arwa Mahdawi

A proposal touting 50-year mortgages could double interest payments and worsen inequality

Would you like to buy a crumbling shack for $2m dollars? Well then, you’re in luck, because that just about su…

89 days ago

Employment: Preliminary annual benchmark revision shows downward adjustment of 911,000 jobs

From the BLS: Current Employment Statistics Preliminary Benchmark (National) Summary
The preliminary estimate of the Current Employment Statistics (CES) national benchmark revision to total nonfarm…

4 months ago

Comments on July Employment Report

The headline jobs number in the July employment report was below expectations and May and June payrolls were revised down by 258,000 combined.  A weak report. The participation rate and the employmen…

Fed's Beige Book: "Economic activity increased slightly"

Fed's Beige Book
Economic activity increased slightly from late May through early July. Five Districts reported slight or modest gains, five had flat activity, and the remaining two Districts noted mo…

5 months ago

Comments on June Employment Report

The headline jobs number in the June employment report was above expectations and April and May payrolls were revised up by 16,000 combined.     The participation rate decreased, the employment popul…

6 months ago

Comments on May Employment Report

The headline jobs number in the May employment report was slightly above expectations, however, March and April payrolls were revised down by 95,000 combined.   The participation rate and the employm…

7 months ago

Comments on April Employment Report

The headline jobs number in the April employment report was above expectations, however, February and March payrolls were revised down by 58,000 combined.   The participation rate and the employment …

8 months ago

Comments on March Employment Report

The headline jobs number in the March employment report was above expectations, however, January and February payrolls were revised down by 48,000 combined.   The participation rate increased, the em…

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