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Mtg apps, ADP payrolls

Summary:
Private businesses in the US hired 749K workers in September of 2020, the most in three months and above market expectations of a 650K rise raising hopes the labour market recovery strengthened. Still, only half of the near 20 million jobs lost since March when the coronavirus crisis started have been recovered.

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WARREN MOSLER writes Consumer sentiment, real retail sales, industrial production, wages

WARREN MOSLER writes New manufacturers orders, vehicle sales, unemployment claims, rents, oil prices

WARREN MOSLER writes Saudi price hike, private payrolls, new hires, corporate profits

WARREN MOSLER writes Pending home sales, Durable goods orders, oil rigs and production

Mtg apps, ADP payrolls

Private businesses in the US hired 749K workers in September of 2020, the most in three months and above market expectations of a 650K rise raising hopes the labour market recovery strengthened. Still, only half of the near 20 million jobs lost since March when the coronavirus crisis started have been recovered.

Mtg apps, ADP payrolls

WARREN MOSLER
Warren Mosler is an American economist and theorist, and one of the leading voices in the field of Modern Monetary Theory (MMT). Presently, Warren resides on St. Croix, in the US Virgin Islands, where he owns and operates Valance Co., Inc.

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