I’ve mentioned the B/D adjustment over the years, and how its become an increasingly large portion of the reported BLS new jobs....
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Whoever wrote the headline for today’s WSJ is our latest nominee for Peyote spokesman of the month. I don’t know gets the...
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Where is the wage pressure? That’s the question on my mind as we await today’s NFP. Yesterday saw a stronger than expected...
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One of the reasons I push back against certain mainstream coverage of economic events is that through a combination of cheapness and...
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We mentioned Labor Force Participation Rate over the weekend. It is worth exploring a bit further. One of the lesser noted aspects...
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Over the years, we have mentioned on more than one occasion the not-as-dirty-as-it-sounds measure, NILF. No, it has nothing to do with...
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As much as I typically like to discuss NFP on the first Friday of each month, I find myself unable to muster the usual blather. Not...
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On Thursday, we discussed another employment measure, assembled from the quarterly census of state unemployment insurance records. This...
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We have long stated that the official BLS data was a rather artificially optimistic assessment of the actual employment picture. Our...
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The WSJ’s Marketbeat reported yesterday that the latest analysis to join our skepticism on NFP is none other than Goldman Sachs:...
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