1901. May Employment Preview
The post analyzes upcoming employment data, discussing job growth forecasts, unemployment rates, and indicators from various reports to assess labor market trends.
your daily dose of economic commentary
The post analyzes upcoming employment data, discussing job growth forecasts, unemployment rates, and indicators from various reports to assess labor market trends.
An argument that the federal government's reduction in inflation data collection may lead to less accurate cost-of-living measures in certain cities.
Alex Tabarrok discusses the impact of labor laws and bankruptcy regulations on employment dynamics in the U.S., Portugal, and India, emphasizing the importance of exit barriers.
The post critiques Musk's influence on government, highlighting his arrogance and incompetence while discussing the negative consequences of his policies and claims.
The post discusses the U.S. trade deficit reduction in April, highlighting changes in exports and imports, and the impact of tariffs on trade dynamics.
Robert Vienneau discusses Harrod-neutral technical change and its impact on the choice of production techniques in a two-commodity economy.
An argument that parallels the Gilded Age with contemporary issues of wealth inequality and corruption in the U.S., questioning if history is repeating itself.
An argument that despite temporary economic stability, the potential long-term consequences of Trump's tariffs and policies still pose a significant risk to the economy.
Tyler Cowen discusses John Arnold's transition from trading to philanthropy, energy systems, and the challenges of nuclear energy and solar power.
Nate Silver discusses the complexities and rationale behind firing an NBA coach, using the Knicks' decision to dismiss Tom Thibodeau as a case study.
An argument that the Atlanta Fed's GDPNow forecast indicates growth but does not restore GDP to previous trends, highlighting differences with Goldman Sachs' outlook and investment uncertainty.
Jon Murphy discusses the hidden costs of tariffs, particularly how Foreign Trade Zones help American firms manage cash flow and mitigate the impact of unpredictable tariff policies.
Scott Horsley discusses the Congressional Budget Office's projection that Trump's tariffs could significantly reduce the deficit, while also noting potential economic drawbacks.
Economic activity has slightly declined, with mixed reports on consumer spending, labor markets, and price increases, amid elevated uncertainty affecting business decisions.
An argument that effective communication by the Federal Reserve enhances public understanding of economic policy and proposes improvements to its communication practices.
An argument that Senate Democrats oppose proposed cuts to public broadcasting funding, while House Republicans plan to vote on significant funding reductions.
Craig Richardson discusses the unintended consequences of a lawsuit against the National Association of Realtors, highlighting flaws in its approach to real estate commissions and market dynamics.
The post discusses the weakening labor market's vulnerability to economic downturns, contrasting it with previous resilience during inflation and interest rate hikes.
Federal employees faced unexpected loss of health coverage after being fired and reinstated, leading to significant medical bills for some.
Bill McBride discusses the decline in heavy truck sales in May, highlighting historical trends and comparisons to previous years and economic conditions.