unemployment Tag

Hawkish & Uncertain

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

Yesterday JP Morgan introduced a new model to quantify the last 20 years of Federal Reserve statements and speeches. While we aren’t privy to the details of the AI model, we will just assume that the model properly captures dovish and hawkish language. Based on Fed...

An Inflection Point in the Labor Market?

26 May, by Steven Vannelli, CFA in Economy, News

As everyone knows, the labor market has been quite strong, with expectations for the unemployment rate to fall further next week. Much has been made of the relationship between job openings and unemployed people that are in the labor force. The ratio of job openings...

European (Youth) Unemployment

03 Jun, by Knowledge Leaders Team in Uncategorized

The headline number for European unemployment came in slightly better (lower) than expected today.  However, young people under the age of 25 still struggle to find jobs....

Europe: Stubbornly High Unemployment

02 May, by Knowledge Leaders Team in Uncategorized

Unemployment in the Eurozone still hovers just under 12%, according to data released earlier today: Unsurprisingly, the highest rates of joblessness remain in the peripheral countries while places like Switzerland, Denmark, and Germany boast rates in the lower single digits: With respect to youth unemployment,...

Let’s Review & Reactions to ECB’s Interest Rate (Non)Decision

03 Apr, by Knowledge Leaders Team in Uncategorized

Earlier this week, we saw data releases for consumer prices and unemployment in Europe: This morning, Draghi announced that key rates would remain unchanged while affirming the ECB’s commitment to ’consider all instruments available’ in order to cope with ’lowflation’ in the Eurozone....

European Retail Sales and Unemployment

08 Jan, by Knowledge Leaders Team in Uncategorized

Overall retail sales came in much higher than the expected +0.3%yoy gain: Meanwhile, the unemployment rate for the entirety of the region remained steady for the eighth month in a row: However, when we look more closely at some of the individual countries, we notice...