Temporary Help Services Jobs vs. Real GDP and U.S. Recessions Temporary Help Services Jobs stand at -7.74% YoY in June. The relationship between Temporary Help Services jobs and the macroeconomy is complex. Declines in Temporary Help Services Jobs are often considered a leading indicator of a potential recession (red line at -3.5%), but they do…
NFIB Small Business Availability Loans vs. U.S. Initial Jobless Claims Weak credit conditions, particularly when interest rates are high, can slow down the overall economy, leading to higher unemployment rates. Image: BofA Global Investment Strategy
U.S. Job Openings and S&P 500 Job openings generally reflect current economic conditions, while the stock market reflects investors’ future expectations. Image: BofA Global Investment Strategy
Fed Funds Rate vs. U.S. Job Openings (JOLTS) Declining wage growth and employment would allow the Fed to make substantial cuts in interest rates. Image: BofA Global Investment Strategy
U.S. Initial Jobless Claims The U.S.’s sustained period of low initial jobless claims indicates a stable labor market. This is a positive development showing resilience in the economy and providing hope for continued growth. Image: The Daily Shot
U.S. Labor Market – Challenger U.S. Job Cut Announcements The U.S. labor market is cooling. Will job cuts continue? Image: The Daily Shot
Recession – U.S. Continuing Jobless Claims U.S. continuing jobless claims can serve as a warning sign of an upcoming recession. Image: Bloomberg
U.S. Job Openings vs. U.S. Implied Earnings Growth The decline in U.S. job openings may not bode well for earnings growth. Image: Morgan Stanley Wealth Management
U.S. Initial Jobless Claims U.S. initial unemployment claims are rising in states with tech and banks. Image: BofA Global Investment Strategy
U.S. Continuing Jobless Claims The U.S. labor market is cooling, as continuing claims are up 22.5% YoY. Image: The Daily Shot