U.S. Labor Market – Net Job Gains

U.S. Labor Market – Net Job Gains Job growth in the United States is expected to slow significantly in 2023 compared to 2022. Image: Goldman Sachs Global Investment Research

U.S. Consumer Spending and Nonfarm Payroll Growth

U.S. Consumer Spending and Nonfarm Payroll Growth U.S. consumers may spend less going forward. Slower job growth usually leads to a slowdown in consumer spending. Image: BofA Merrill Lynch Global Research

U.S. Unemployment Rate

U.S. Unemployment Rate Goldman Sachs forecasts a series of interest rate cuts through mid-2025 while maintaining a steady unemployment rate due to ongoing job growth. Image: Goldman Sachs Global Investment Research

U.S. Unemployment Rate

U.S. Unemployment Rate Technical analysis suggests an upside risk to the U.S. unemployment rate in the second half of 2024, indicating potential challenges in sustaining job growth and stability in the labor market. Image: BofA Global Research

S&P 500 Year-Over-Year Return Explained

S&P 500 Year-Over-Year Return Explained Chart suggesting that strong housing and jobs growth explain S&P 500 returns. Image: Arbor Research & Trading LLC

U.S. Total Nonfarm Payrolls and Recessions

U.S. Total Nonfarm Payrolls and Recessions Total nonfarm payrolls increased 224K in June, well above expectations, which should calm fears of a near-term recession.  The job market is still strong, even if there are signs it is slowing down. Actually, nonfarm payroll growth tends to decline before a recession. You may also like “What Is…

Why Potential GDP Has Been Cut in Half Since the 1950’s?

Why Potential GDP Has Been Cut in Half Since the 1950’s? The main reason is a lower productivity than previous business cycles, due to: – lower population growth – the service sector is growing faster than the industry sector – lower quality jobs in the service sector have a lower productivity than in the industrial…