US Consumers See Inflation Falling

US Consumers See Inflation Falling

US consumers’ inflation expectations deteriorated to their weakest levels since late Y 2017 in May, while their views on jobs and family finances grew less certain, according to a Federal Reserve Bank of New York survey published Monday. The weakening in inflation expectations may factor into Fed policymakers’ decision whether to lower interest rates in […]

Hiring in US Hits Record Highs

Hiring in US Hits Record Highs

US job openings fell a bit in April as hiring surged to a record high, government data showed Monday. Job openings, a measure of labor demand, slipped to a seasonally adjusted 7.4-M from 7.5-M in March, the Labor Department said in its monthly Job Openings and Labor Turnover Survey, or JOLTS. The job openings rate was […]

Hiring Slows but US Job Market Remains ‘Incredibly Dynamic’

Hiring Slows but US Job Market Remains ‘Incredibly Dynamic’

Hiring Slows but US Job Market Remains ‘Incredibly Dynamic’ NY Fed’s Williams: Low Unemployment Makes Economy ‘as Good as it Gets’ Hiring by US companies slowed sharply in August dropping far more than economists expected, with moderation in manufacturing and services, payrolls firm ADP said. The closely-watched data are about in line with the expected […]

JOLTS Spike, Wage Growth and Inflation Ahead

JOLTS Spike, Wage Growth and Inflation Ahead

JOLTS Spike, Wage Growth and Inflation Ahead $DIA, $SPY, $QQQ, $VXX US job openings aka JOLTS rose to a record high in March, suggesting that a recent slowdown in hiring was probably the result of employers having difficulties finding qualified workers. The monthly Job Openings and Labor Turnover Survey, or JOLTS, released by the Labor Department […]

JOLTS: US Jobs Openings Mark Record High at 6.2-M

JOLTS: US Jobs Openings Mark Record High at 6.2-M

JOLTS: US Jobs Openings Mark Record High at 6.2-M US job openings jumped to a record high in June, outpacing hiring, the latest signalling that companies are having trouble finding qualified workers. JOLTS, the monthly Job Openings and Labor Turnover Survey released by the US Labor Department Tuesday also underscored labor market strength may encourage […]