US: The slow grind on jobs
Jobless claims edge lower again, but remain incredibly elevated as labour market strains continue. Incomes have also been dropping back and spending…
US: More evidence of a jobs plateau
Initial jobless claims remain elevated despite the decent activity backdrop. With Covid-19 cases on the rise again, fears of renewed containment measures,…
Doubts beginning to creep in
US equity markets were weak yesterday, but I would be surprised if this lasts
US weekly jobless claims are not falling as quickly as they should in an environment of businesses re-opening, suggesting significant ongoing economic…
Today's jobless claims numbers suggest the reopening story isn't having as much of a positive impact on the labour market as hoped. It reinforces…
US: Labour pains continue
US: Not let up in the pace of lay-offs
US: unemployment surge is just the first wave
