By: Fred C. Dobbs
US Labor Market Ends Year With a Bang, Adding 216,000 Jobs NY Times – just in The December data surpassed the predictions of economists, and buoyed expectations of what has been called a soft landing...
View ArticleBy: Fred C. Dobbs
In reply to Fred C. Dobbs. Brisk Wage Gains in December Could Keep the Fed Watchful NY Times – just in Average hourly earnings climbed 0.4 percent from the previous month, and 4.1 percent compared to a...
View ArticleBy: john wick
Inside The Catastrophic Jobs Report: Record 1.5 Million Crash In Full-Time Jobs, Multiple Jobholders Soar To Record, Native Born Workers Plunge And Much More
View ArticleBy: Markg
I see the economy continues to hum along. While many were predicting a Fed induced recession in 2023, you may recall (or check my AB comments from several months ago) I said the increase in interest...
View ArticleBy: Joel Eissenberg
In reply to Markg. @Mark, What inflation? https://jabberwocking.com/inflation-in-goods-and-services/
View ArticleBy: Fred C. Dobbs
In reply to Joel Eissenberg. The People’s Inflation Is Still a Big Problem For many Americans, the word describes the struggle to make ends meet, not just the change in consumer prices. Bloomberg –...
View ArticleBy: Joel Eissenberg
In reply to Fred C. Dobbs. @Fred, So apart from the clickbait headline, what inflation?
View ArticleBy: Fred C. Dobbs
In reply to Joel Eissenberg. It’s a somewhat subjective problem. Previous, recent inflation pulled a lot of prices up, particularly at the supermarkets. Declining inflation doesn’t bring those prices...
View ArticleBy: Joel Eissenberg
In reply to Fred C. Dobbs. @Fred, So inflation is just a subjective feeling, not defined by any quantitative metric? Who knew?
View ArticleBy: Markg
Of course don’t forget about rents. Many people want to exclude this in inflation metrics, but people still have to factor it into their costs of living. I know I was questioned about this because it...
View ArticleBy: Fred C. Dobbs
In reply to Joel Eissenberg. I don’t know any other way to put it. There’s less inflation now then there was. Prices lately have not been increasing as they were. But they are still pretty high, so...
View ArticleBy: Fred C. Dobbs
In reply to Joel Eissenberg. The only link here is the one to Jabberwocking, which I didn’t click.
View ArticleBy: Fred C. Dobbs
In reply to Fred C. Dobbs. There are no links in my posts in this thread since noon or so. None that I could find or see anyway. I tend to get fewer complaints when I don’t post links.
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