…Professional and business employment increased by 95,000, which is 596,000 *above* its pre-pandemic peak. Wages of non-managerial workers Average Hourly Earnings for Production and Nonsupervisory Personnel: rose $0.8 to $26.94,…

…peak. Wages of non-managerial workers Average Hourly Earnings for Production and Nonsupervisory Personnel: rose $0.11 to $27.06, which is a 6.7% YoY gain.  Aggregate hours and wages: the index of…

…cases and 25,000-30,000 hospitalizations. Because deaths have not bottomed yet, where they will peak in this wave is much more uncertain, but as of now, they seem likely to peak…

…higher than just before the pandemic hit. Professional and business employment increased by 41,000, which is about 750,000 above its pre-pandemic peak. Wages of non-managerial workers Average Hourly Earnings for…

…from their most recent peak last December, they are off -29.6%, and measured from their pandemic peak of August 2020, they are down a whopping -43.0%! : In the long…

Housing unaffordability closes in on bubble peaks; expect substantial price declines and increased foreclosures in the likely oncoming recession – by New Deal democrat I last looked at the issue…

…by 38,000 to 629,000 units annualized. May came in at 696,000. That’s still a big decline of -17% from their most recent peak last December, and -33% from their pandemic peak…

…last peak in this measure, which took place in Q1 2021. This puts the most likely onset of a recession in Q4 of this year. The news is much more…

…have fallen about 25% from their peak at the end of June to this past weekend. To get to their “real” price, I divide by average hourly wages of nonsupervisory…

…recent summer peak in mid-June. Deaths have been hovering between 400 and 450/day, about in the middle of their 350-550 range since the beginning of this past spring: The longer-term…