April JOLTS report noisily shows continued deceleration
…remained intact. Job openings (blue in the graphs below) rose 353,000 (from a March number revised higher) to 10.013 million annualized (from a peak of 12.027 million in March 2022,…
…remained intact. Job openings (blue in the graphs below) rose 353,000 (from a March number revised higher) to 10.013 million annualized (from a peak of 12.027 million in March 2022,…
…years: In the 35+ years between the onset of the more modern economic era in 1983 and the pandemic, YoY prices varied between a peak of +6.4% in 1990 and…
…down from their post-pandemic peaks, but not close to their pre-pandemic averages or even peaks. Meanwhile layoffs and discharges were virtually unchanged from April, at 1.585 million: Here is their…
…been declining since May: The possible peak in heavy truck sales is most important because historically heavy truck sales turn down first – and decisively – in advance of recessions:…
…(peak oil meant peak production not peak demand). Now, the guess is that petroleum will be semi-obsolete fairly soon. Long term price forecasts affect current prices so long as assets…
…to its lows earlier this year and down -1.1 hours from its February 2022 peak of 41.5 hours. Manufacturing jobs rose 6,000. Within that sector, motor vehicle manufacturing jobs declined…
…Index of Leading Indicators, declined sharply, by another -0.3 hours to 40.0, down -1.5 hours from its February 2022 peak of 41.5 hours, and the lowest level since June 2020….
…to be placed. Most of the impacted post offices are small, rural offices, so some of them simply don’t have enough space, especially during peak season. In some cases, there…
…from its February 2022 peak of 41.5 hours. Manufacturing jobs declined -4,000. Within that sector, motor vehicle manufacturing jobs declined -400. Construction jobs increased by 23,000. Residential construction jobs, which…
…workweek, one of the 10 components of the Index of Leading Indicators, increased 0.1 hours to 40.7 hours, but is still down -0.8 hours from its February 2022 peak of…