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U.S. Payrolls, Wages Cool as Trade War Weighs on Economy

U.S. Payrolls, Wages Cool as Trade War Weighs on Economy

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  • And here come the rate cuts. Interesting how just in December firms like GS were calling for 3 rates hikes in 2019. Interestingly, how does the President spin this? I suspect he will blame the Fed and point to the need for better trade deals. Too bad - we almost had sustained coordinated global growth

  • I suspect part of this is caused by the lack of qualified people available to hire. In another recent report it was asserted there were 7 million more jobs available than people to fill the vacancies. Another view that's out there is people are now being able to have choice in employment rather than

    I suspect part of this is caused by the lack of qualified people available to hire. In another recent report it was asserted there were 7 million more jobs available than people to fill the vacancies. Another view that's out there is people are now being able to have choice in employment rather than being forced to accept whatever is available.

  • Could also mean that the overall unemployment rate is only 3.5%, and that the lower the sample size the lower the overall rates to begin with. This article failed to compare what the rate was to when our unemployment was much much higher.

  • Love how simple this is to Bloomberg's headline writer. Come on.

  • Digging into the underlying data offers a lot of interesting info beyond the headlines...civilian labor force and underemployed trends, which industries are presenting stronger or weaker (leisure/hospitality👎🏽; financial services👍🏽) among others...if you have the time.

  • Rate cuts would be extremely dangerous right now. With so much debt in the market already, encouraging more spending is only going to add depth to the eventual economic destruction of the next recession. This will also not cut prices on industries like real estate as people will keep taking on cheap

    Rate cuts would be extremely dangerous right now. With so much debt in the market already, encouraging more spending is only going to add depth to the eventual economic destruction of the next recession. This will also not cut prices on industries like real estate as people will keep taking on cheap loans. Rate hikes would at least push people away (hopefully), so that prices can come back down while states dedicate public investment in expanding affordable homes.

  • How is this data collected? For example, the report stated that less people are working part-time jobs because they need to. I am skeptical about this report.