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The #JobsReport came in at 372,000 jobs gained, the #unemployment rate at 3.6%, which was coupled with #wage growth of 5.1% year-over-year: all solid numbers in a historic context.
Still, when taken in the context of much of the #economic data coming in, last week’s #employment report reemphasized two key tenets of the economy and consequently of #investment markets: 1) the U.S., and indeed the global economy, is tangibly slowing…
…and 2) we are probably past the #employment peak and will likely witness #LaborMarket slowing in the back half of the year.
Daily Bookmarks to GAVNet 01/10/2022 greeneracresvaluenetwork.wordpress.com/2022/01/10/dai…
Samuel Goldman on Twitter and ThreadReader
threadreaderapp.com/thread/1478422…
#USConstitution, #AmericanDemocracy, #RealWorldAlternatives, #ProsAndCons
threadreaderapp.com/thread/1478422…
#USConstitution, #AmericanDemocracy, #RealWorldAlternatives, #ProsAndCons
2021 Began With Promise, Ends On a Sour Note | RealClearMarkets
realclearmarkets.com/articles/2021/…
#MarketForecast, #EconomicContraction, #ShortRunIncreasingReturnsToLabor, #UnemploymentRate, #RealWages
realclearmarkets.com/articles/2021/…
#MarketForecast, #EconomicContraction, #ShortRunIncreasingReturnsToLabor, #UnemploymentRate, #RealWages
