2141. June Employment Report: 147 thousand Jobs, 4.1% Unemployment Rate
Bill McBride discusses the June employment report, highlighting job gains, unemployment rates, and revisions to previous employment data.
your daily dose of economic commentary
Bill McBride discusses the June employment report, highlighting job gains, unemployment rates, and revisions to previous employment data.
Tyler Cowen critiques the criticisms of the Big Beautiful Bill, emphasizing the need for comparative analysis in economic policy discussions.
A food bank in Alabama anticipates increased demand due to potential cuts in SNAP benefits from proposed legislation.
Menzie Chinn analyzes the recent ADP employment data, comparing it to Bloomberg consensus and discussing its implications for the upcoming BLS report.
Claudia Sahm discusses the implications of economic data on the Fed's policies amid stagflation and the impact of immigration on labor supply.
Bryan Cutsinger argues that the assumption against cash transfers, based on concerns about spending on objectionable goods, is flawed and contradictory.
An argument that new government spending could potentially stimulate economic growth sufficient to manage the national debt, explored through discussions with economists.
A significant payment by CBS to settle a lawsuit highlights the media's submission to Trump's influence and power in the current political landscape.
The post analyzes upcoming employment data, forecasts job growth, and discusses factors influencing the labor market, including strikes and seasonal trends.
The post discusses local opposition to Jeff Bezos's wedding in Venice, highlighting issues of property rights, tourism, and the implications for economic and political philosophy.
A mid-year update highlights community support, popular articles, and growth in subscriptions, while encouraging readers to share the newsletter and engage with educational resources.
Alex Tabarrok discusses the economic inefficiencies and societal costs of India's government job examination system, highlighting the extensive rent-seeking behavior it generates.
Paul Krugman critiques the One Big Beautiful Bill Act and discusses Elon Musk's political power and failures in the context of government spending and oligarchy.
Light vehicle sales decreased to 15.34 million SAAR in June, reflecting a decline from May and a year-over-year increase influenced by previous disruptions.
Noah Smith argues that the GOP's tax cuts for the wealthy exacerbate federal debt and are economically unsustainable, contrary to claims of stimulating growth.
Mortgage applications rose, driven by lower rates, with significant increases in refinancing activity, while purchase applications showed modest growth amid market uncertainty.
Tyler Cowen shares travel tips emphasizing the value of visiting unexpected places to gain richer experiences and challenge preconceived notions about destinations.
Wailin Wong addresses listener questions about the job market for IT grads, recession pop, and Trump's comments on tariffs.
David Folkenflik discusses Paramount Global's $16 million settlement regarding President Trump's lawsuit over a 60 Minutes interview with Kamala Harris.
Kevin Corcoran discusses the concept of "defying the data" in relation to standard of living claims, reflecting on personal experiences and societal perceptions.