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US Economics Update How did we get employment so badly wrong? The unexpected 2.5 million rebound in nonfarm payroll employment in May, against a consensus expectation of a 7.5 million decline, has generated a lot of speculation that the figures were either... 9th June 2020 · 6 mins read
US Economics Weekly Rebound in hiring adds to signs of faster recovery The 2.5 million rebound in employment last month reverses only a small fraction of the jobs lost since February. But considering we and the consensus had been braced for another large decline, it... 5th June 2020 · 7 mins read
US Economics Weekly Is the second wave coming? A month after the first states began to re-open their economies there is both good and bad news. The good news is that, up to now at least, there is no evidence that re-opening has led to a much... 29th May 2020 · 7 mins read
US Economics Weekly The long road to recovery Most of the 50 states have now begun to ease their lockdown restrictions, with many states in the interior now maintaining only minor restrictions on normal activity, although states on both coasts... 22nd May 2020 · 6 mins read
