The latest NFIB small business and JOLTS surveys indicate that the disappointing gain in payroll employment in August was just a blip rather than the start of a major slowdown. What’s more, the...

We’re not convinced that equity prices will continue to boost consumer confidence, but an acceleration in wage growth should allow confidence to rise further above its long run average.

Last week was the best of times and the worst of times. Just as it looked as though the US recoverywas finally moving into a higher gear, as credit conditions eased and the fiscal drag faded, the142...

The labour market conditions index referred to by Fed Chair Janet Yellen in her speech at Jackson Hole doesn’t tell us anything that we don’t already know. Moreover, it may not be very useful in the...