Tag: jobs

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Jobs report may have voters asking whether Harris or Trump is the better steward of the future economy

The U.S. Bureau of Labor Statistics reported that 114,000 jobs were created in July 2024. That is a miss from the 175,000 added jobs estimated by the financial markets. Unemployment has ticked up to 4.3%, another miss from the consensus estimate of 4.1%. Most job growth occurred in the non-productive sectors of the economy, namely … Continue reading Jobs report may have voters asking whether Harris or Trump is the better steward of the future economy

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Interbank Market News Scan: The real free market is the one between commodities owners, merchants, and traders.

You would swear that America has a labor centric economic policy especially when jobs day comes around. The labor centric sentiment is fleeting. The inordinate amount of attention that is given to the Federal Reserve and monetary policy tells me its more about the financial markets and a lot less about the labor markets. Continue reading Interbank Market News Scan: The real free market is the one between commodities owners, merchants, and traders.