Median Non-Farm Payrolls in the 12 Months Before and After the Start of a U.S. Recession Consistently adding more than 100,000 payroll jobs each month is considered a vital cushion against recession worries. Continued growth at this pace could bolster confidence in the U.S. economy’s direction over the next few months. Image: Deutsche Bank
S&P 500 Year-Over-Year Return Explained Chart suggesting that strong housing and jobs growth explain S&P 500 returns. Image: Arbor Research & Trading LLC
U.S. Total Nonfarm Payrolls and Recessions Total nonfarm payrolls increased 224K in June, well above expectations, which should calm fears of a near-term recession. The job market is still strong, even if there are signs it is slowing down. Actually, nonfarm payroll growth tends to decline before a recession. You may also like “What Is…
Why Potential GDP Has Been Cut in Half Since the 1950’s? The main reason is a lower productivity than previous business cycles, due to: – lower population growth – the service sector is growing faster than the industry sector – lower quality jobs in the service sector have a lower productivity than in the industrial…