labor market latest publications
Today’s labor market report once again showed that the economy is on the mend. However, this environment creates more complexity for Congress, as it supports arguments from both sides of the aisle. That said, Fed officials will continue to take additional steps as it transitions from “stabilization” to “accommodation”.
August 4, 2020
Spain | A notable improvement in employment in July, but not enough to overcome the crisis
Social Security affiliation increased by 161,217 people (-3.8% YoY) and unemployment fell by 89,849 (25.3% YoY). Excluding seasonality, employment grew by 150,000 people and unemployment fell by 85,000. However, the estimated impact of the crisis is still significant: 1,175,000 contributors and 843,000 unemployed.
U.S. economy showed further signs of strengthening with the labor market adding 4.8M jobs. While overall unemployment rates have declined, there remain significant disparities among groups.
A new normal: how the U.S. economy recovers in a post-Covid world. Which Rubicon will the Fed forge next? Policymakers respond with massive fiscal support. The housing market in the era of Covid-19.
Containment measures to slow down the spread of COVID-19 are having a negative impact on employment, job quality and wage incomes. The recovery in employment will be very gradual given a fragile expected recovery in economic activity
The challenges faced by COVID-19 the Fed announced additional $750bn in loan support.With this additional action, the Fed has committed to providing $2.3Tn in loan to support the economy.Given the historic rise in unemployment claims it's not surprising that the Fed has taken further actions to contain the economic fallout.
This study aims to analyze the dynamics of the labor market in order to propose the Labor Market Stress and Performance Index estimated on the basis of the method of Iterative Principal Component Analysis, which allows identifying short term changes in the labor market dynamic related to access and job creation.
It is time to recapitulate what 2019 left us and what we should focus on in 2020. The year that has just ended left us in terms of the global economy great episodes of volatility marked by commercial issues but also by eternal political-economic novels such as Brexit.