December 18, 2018
By looking at job openings, hires, and quit rates in the JOLT Summary, we can get some unemployment insight about tighter labor markets.
By looking at job openings, hires, and quit rates in the JOLT Summary, we can get some unemployment insight about tighter labor markets.
Because consumer spending perception is based on what is regularly purchased, the bacon cheeseburger (cheese, bacon, beef) can be an inflation indicator.
The monetary policy dilemma is when to take the punchbowl away after the party gets going. In other words, have jobs recovered enough to raise rates?