May JOLTS report continues to show a jobs market out of equilibrium This morning’s JOLTS report for May continued all of the trends we saw in April – a huge…

July JOLTS report shows market still out of equilibrium, no additional hiring from early termination of benefits This morning’s JOLTS report for July is particularly important, because July was the…

…1,446,300 barrels of oil per day. Tuesday of this week saw the release of OPEC’s January Oil Market Report, which includes OPEC & global oil data for December, and hence…

…. . OPEC’s February 2022 Oil Market Report then revised aggregate global demand for 2021 higher by 10,000 barrels per day, OPEC’s March Oil Market Report revised 2021’s demand higher…

May JOLTS report: a significant deceleration in the underlying jobs market has likely begun Late last year I introduced the idea that the jobs market was similar to a game…

…are applying the dictum – whatever the market will bear— are price gouging. Price increases due to scarcities, relative to the scale of the scarcity are merely much vaunted market…

JOLTS and jobless claims: the labor market remains a strong positive  – by New Deal democrat The message from the JOLTS report for December yesterday and jobless claims for last…

…increase in prices caused by aggregate demand or the labor market. One goal of the paper was to ensure that as inflation slows, the Federal Reserve’s aggressive and recession-risking interest…

March JOLTS report shows labor market about halfway to pre-pandemic normalization  – by New Deal democrat The title of this piece is an important to clue the relative nature of…

…repeat sales indexes several weeks ago. The result of the collapse of the existing home market is that more and more people have been driven to the new home market….