Briefly . . .Ultraprocessed Foods and Cardiometabolic Health. Characterizing foods people are eating today . . . people in the US aged 1 year or older obtain an average of 55% of their calories from eating ultra-processed foods. Maya Vadiveloo, PhD, RD, an associate professor in the department of nutrition at the University of Rhode […]
– by New Deal democrat Now that we have the consumer inflation number for August, let’s take a look at real wages and income for ordinary workers. In the jobs report last Friday, we learned that both average hourly earnings and aggregate payrolls for nonsupervisory workers increased 0.4% in August. Yesterday we learned that consumer inflation […]
– by New Deal democrat The Fed is really facing a no-win situation. Between the recent employment reports, the QCEW, and even this morning’s jobless claims report, the jobs market has clearly been weakening, and may be on the very cusp of contraction, implicating the Fed’s dual mandate to strive for full employment. But this morning’s […]
– by New Deal democrat Let’s take a more in-depth look at the leading indicators for the economy in Friday’s abysmal employment report. As shown in the graph below, employment in goods has historically turned down first; indeed, in some recessions employment in services doesn’t turn negative YoY at all: Which is a shorthand way of […]
– by New Deal democrat The regional Fed August indexes, including both manufacturing and general business activity, rebounded sharply, telegraphing that a rebound was also likely in the ISM indexes. On Tuesday, the ISM manufacturing index rose slightly. This morning the ISM services index increased sharply. To wit, the headline number increased to 52.0, while the […]
Following up on Joel’s earlier commentary on Jobs. Maybe messing with tariffs is not producing the results Trump and the Repubs had in mind? A revision of numbers on Jobs report. “It is difficult to isolate the exact causes of this slowdown, but it’s safe to say that this administration’s policies (like tariffs) have not […]
A more detailed Jobs Report analysis by New Deal democrat. New Deal democrat was in Phoenix a while back. He let me know and we were able to meet at the Pomo Pizzeria on 1st Street. Great place to meet a friend or take your wife. The crowd is casual in dress. Good pizza too! […]
Quite a few people are ignoring or are refusing to get shots to prevent things such as measles, covid, etc. They have identified this as vaccine hesitancy. The term describes anyone who is doubtful about vaccinations or who chooses to delay or refuse immunizations even when they are readily available. The reasoning can be Religion, […]
– by New Deal democrat In the last few weeks, there has been speculation that jobless claims may have been affected by the jihad against immigrants, the theory being enough were being deported or else were simply afraid to report to work that the number of jobless claims was held down. But I suspected it might […]
– by New Deal democrat In contrast to much other data in the jobs sector, the JOLTS reports have been very much consistent with a “soft landing scenario,” and that trend continued in this morning’s report for July. As a quick refresher, this survey decomposes the employment market into openings, hires, quits, and layoffs. So to […]