jobs report Tag

Best Part of Jobs Report

05 Jun, by Steven Vannelli, CFA in Economy, News

Of course, over 300,000 people getting new jobs is good unto itself, particularly for those with newfound opportunity. But, for the last several years, as the “great resignation” took hold, there were not many new workers coming into the workforce, leading to falling unemployment. This...

Disturbing Commercial Bank Trends

10 Apr, by Steven Vannelli, CFA in Economy, News

Lost in the Good Friday holiday and the jobs report was the weekly report on bank lending, deposits and securities holdings. Keeping in mind this data is always a week old, it shows the retreat from banks continues. Small banks have now experienced about $250...

That Was a Strong Jobs Report?

06 Dec, by Steven Vannelli, CFA in Economy

While many seemed to focus on the basics of the employment report like average hourly earnings (which don’t take into consideration industry mix shifts among the employed) and the payroll job beat for the month, there is one very important variable that revealed the weakness...