Relevant and even prescient commentary on news, politics and the economy.

Real wages, payrolls, and consumption vs. employment, and their forecast implications: April update

 – by New Deal democrat With this week’s inflation report for April, we can update several measures of the real economic status of average American workers, as well as their forecast for further job and economic gains. First, here is real average hourly wages for nonsupervisory workers. In April, nominal average wages increased 0.2%. Since […]

The Establishment Survey portion of the jobs report continued to be positive

 – by New Deal democrat AB: New Deal democrat reviews the Establishment Survey and again it differs from the Household Survey in a positive way. On Monday I wrote that the Household survey portion of the jobs report was recessionary for the second time in three months. But I pointed out that there was a […]

Manufacturing treads water in April, while real construction spending turned down in March (UPDATE: and heavy truck sales weren’t so great either)

by New Deal democrat The Bonddad Blog A preliminary programming note: In addition to the manufacturing and construction reports, today we also get the JOLTS report for March, and updated motor vehicle sales reports. Yesterday we also got the Employment Cost Index for Q1. I will comment on the JOLTS report later today. I’ll comment on […]

Medicaid Enrollment and Unwinding Tracker

by KFF Pulled together data from KFF to get an idea of what is happening with US healthcare. Big issue is people do not know. Another issue is state’s resistance to enrolling people. Hope this helps . . . Recent data on monthly Medicaid disenrollments, renewals, overall enrollment and other key indicators. Figure 1 above […]