“In terms of people leaving the labor force, it sure looks like earlier data was was manipulated to hell and back and the BLS just couldn’t hide it any longer. The deltas are f***ing crazy.”
Emanuel is smart, and the smart reason for leaving is glaring: He doesn’t want to risk becoming “mayor bankruptcy.” Chicago is a ticking time bomb and Emanuel is jumping ship just in case it goes off.
President Trump’s trade war could affect companies employing some 11 million blue-collar workers, as the threat of an imminent trade escalation could strike by the end of the week.
August payrolls came in strong than expected at 201K, above the 191K consensus estimate, but it was the average hourly earnings print, which came in scorching hot, at and 2.9% on a Y/Y basis, the highest going back to 2009.
...of all of the countries surveyed by Ipsos this year, the largest share of people saying their healthcare system is overstretched were in Great Britain.
There are several channels into which monetary instability can hamper the real economy. A “dollar” squeeze doesn’t just impact banks, they often pass it along further down the economic chain.
