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A great follow for real time economic analysis! #NumbersDay
If you adjust for the aging of the population, labor force participation returned to its 2000-era peak in September. That's something many economists thought would never happen. #NumbersDay
The U.S. economy added 254,000 jobs in September and the unemployment rate ticked down to 4.1 percent. #NumbersDaywww.bls.gov/news.release...www.nytimes.com/live/2024/10...
JOLTS: The ratio of job openings to unemployed workers remains about the same as last month (up to 1.13 from 1.08 previously). The labor market is cooling but levels aren't worrisome. #NumbersDay#EconSky
There were 8 million job openings on the last day of August, up slightly from July. But the trend is very clearly down. The openings rate is at more or less its prepandemic peak. #NumbersDay
Sort of a mixed bag of a #JOLTS#NumbersDay