Curious to hear your view on the last BLS employment revision of 12 months ended 3/24. It was very large. And I've read reports that the one for 12 months ended 6/24 will be larger––by people who have added up the county by county data. Are things much more fragile than we think?
Excellent post! I think the income support afforded to people appears to be bearing fruit in terms of finding better job matches, creating new businesses etc. I wonder if this will influence the discussion around what drives people to create/work harder.
Good article. This week will be key which features JOLTS, ADP and the Nov jobs report not to mention the fed decision during the middle of the month. For the record, the Atlanta fed survey has the US GDP 4Q at 3.2% so that's also welcomed news as well.
Curious to hear your view on the last BLS employment revision of 12 months ended 3/24. It was very large. And I've read reports that the one for 12 months ended 6/24 will be larger––by people who have added up the county by county data. Are things much more fragile than we think?
Hope you're doing well Claudia.
Love this piece. It is important to talk about productivity but it doesn’t come up enough.
Excellent post! I think the income support afforded to people appears to be bearing fruit in terms of finding better job matches, creating new businesses etc. I wonder if this will influence the discussion around what drives people to create/work harder.
Good article. This week will be key which features JOLTS, ADP and the Nov jobs report not to mention the fed decision during the middle of the month. For the record, the Atlanta fed survey has the US GDP 4Q at 3.2% so that's also welcomed news as well.
Capitalism is destructive and spreads misery like a virus.
This is an uplifting post. Thank you!
Excellent, insightful, and comprehensive!!!