The Q3 slowdown in payroll growth (smaller than previously advertised) is a productivity story, not a recession story. See charts below:

The July US payrolls report was the catalyst for a rash of recession fears, prompting the mini crash in risk assets and a...

Last Friday's May Non-Farm Payroll report looked like a blockbuster (plus 272,000 on the month). And private payroll growth looks to be...

Another strong payrolls report for March means that employment growth picked up in Q1:2024.

The update to the NFIB survey underlines what small cap underperformance has been telling us...

Friday's US employment report showed that the rate of private payroll gains ticked up slightly, but at 1.3% the annualised rate in...

And two to be cautious. Reasons to be cheerful... Rate Shift: over the past 4-6 weeks markets have shifted rapidly towards the idea that...

Competition for workers has been fierce but it now seems to be cooling down. Perhaps the Fed can afford to be more patient.

Following last week's robust employment report, the Fed Fund Futures curve barely budged Here are some reasons why