Temporary Help Services Jobs vs. Real GDP and U.S. Recessions

Temporary Help Services Jobs vs. Real GDP and U.S. Recessions Temporary Help Services Jobs stands at -6.18% YoY in March. Declines in Temporary Help Services Jobs are often considered a leading indicator of a potential recession (red line at -3.5%), but they do not always guarantee one. However, when Temporary Help Services Jobs were below…

U.S. Job Openings and S&P 500

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)

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

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. Initial Jobless Claims

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

U.S. Continuing Jobless Claims The U.S. labor market is cooling, as continuing claims are up 22.5% YoY. Image: The Daily Shot