Divisive Politics, Uneasy Economics: Polarization’s Impacts on the US Economy Inflation remains elevated. Bank failures still spook investors. Layoffs – limited to tech giants, so far – cast a wide shadow....
The Bank of England Flips: Recession Averted in 2023 The recession was revised away The Bank of England (BoE) hiked their policy rate to 4.5% on May 11...
Nothing Leisurely About These Healthy Sectors The labor market remains strong, but there has been some softening since the incredible growth and demand seen last...
Inflation is in a Holding Pattern The road to the Federal Reserve’s goal of 2% inflation has been long and winding, and it seems it...
Not Exactly Cool, But Cooler This hot labor market is cooler – but it will take a lot to actually call it “cool”. On...
The Decline of Car Manufacturing is Hurting the German Economy Germany has been one of the best performing economies in the aftermath of the financial crisis but has stagnated...
A Spring Update on the State of Recruiting The labor market has been unprecedentedly tight since 2021 – finding the right worker has been nearly impossible. However,...
The US Job Market is Cooling on Cue The majority of economists have decided the Fed’s soft-landing is improbable, but the labor market is cooling right on...
Why Do Some Economists Believe A Recession Can Be Avoided? Last week I detailed why most economists – 58% according to one survey – think the U.S. economy will enter a...
Why Economists Believe A Recession is Likely in 2023 A majority of economists forecast a recession for the U.S. in 2023 – 58 percent, according to a survey...
BoE and Treasury at Odds About the UK’s Long-Run Capacity to Grow The 110-billion-pound gap The short-run outlook for the U.K. economy is now looking brighter than last year. Business and...
Is the ECB Hiking the Eurozone’s Largest Economy Into Recession? Financial markets have seen a return of volatility with the recent bank failures in the US and now Switzerland....
The Fed’s Balancing Act Today, the Federal Reserve faced its toughest decision perhaps in decades. In the last couple of weeks, an intense...
In a Tight Labor Market, Unions Are Smaller but Bolder Throughout 2022, the labor movement made headlines in various industries and states across the country. Reports of strikes and...
Demography is Destiny The post-pandemic labor market has been extremely tight with many vacancies left unfilled. Many advanced economies are facing severe...
The Fed’s Dilemma: Financial Distress or Entrenched Inflation? Silicon Valley Bank’s failure from a lightning-quick bank run on March 10, the second largest in US history, has...
Hitting The Snooze Button on the Recession Alarm Clock The U.S. added 311,000 net new jobs in February and the unemployment rate rose to 3.6%. For the eleventh...
Canada’s Labor Market Sweet as Syrup In Canada, recession fears continue to be pushed further into the future, as the economy’s labor market hums along....
The Great Labor Market Rebalancing 2022’s Labor Market: A Recap Last year’s labor market can be described succinctly as “unpredictable.” Some industries, like leisure...
Inflation Came in Hot, But Consumers Remain Hotter Consumers spent strongly at the start of the year, complicating the Federal Reserve’s efforts to slow inflation. The Personal...