UK labor market data was stronger than forecast, with some positive revisions to previous month’s data. Anguished corporate cries about tax increases and related projections of mass unemployment do not (so far) appear in any of the data. Employment growth seems especially strong amongst the middle-aged, who matter because they have an important degree of spe ... Show More
Today
Ahead of the curve with Ulrike Hoffmann-Burchardi
Tune in every Monday morning ahead of the New York opening bell as Ulrike Hoffmann-Burchardi, CIO Americas and Head of Global Equities for UBS Wealth Management, briefs you on the most important market drivers in the week ahead, along with opportunities beyond the consensus. This ... Show More
5m 21s
Nov 2024
A jobs report that doesn’t say much about the labor market
Today’s jobs report featured a shockingly small number of new hires with just around 12,000 jobs added. However, as FHN Financial’s Christopher Low explains, these dismal figures have more to do with recent extreme weather events and the ongoing strike at Boeing. Plus, we look at ... Show More
8m 31s
Jul 2
Is the U.S. Job Market Weaker Than It Looks?
P.M. Edition for July 2. The U.S. has been adding jobs at a respectable clip, though the pace has been slowing. But WSJ economics reporter Justin Lahart reports that the labor market is showing other signs of softness. Plus, Tesla reports disappointing second quarter numbers, fol ... Show More
12m 5s
Dec 2023
Can we ever get good news?
In the last week, we’ve seen some solid labor and retail data. Unemployment is low, job availability is high and consumers are spending more than they did last year. But in an economy that’s hyperfocused on tamping down inflation, what’s good for workers might not be good for pri ... Show More
27m 19s
Mar 2025
The 'Uncertainty' Economy
“It feels like the economy is gagging on the uncertainty." That's what Mark Zandi, chief economist at Moody’s Analytics, told CNN’s Kate Bolduan earlier this week, referring to not just tariffs but taxes, immigration and federal budget cuts. And we're about to get a brand new rea ... Show More
48m 32s