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Employment, Rental markets

Summary:
The change in total nonfarm payroll employment for June was revised down from +248,000 to +208,000, and the change for July was revised down from +157,000 to +147,000. With these revisions, employment gains in June and July combined were 50,000 less than previously reported. Read more at https://www.calculatedriskblog.com/#eVuYdeqRRy7O1pt6.99 Looks like the private sector credit ‘burst’ has run it’s course and the downtrend is resuming? 4.6 million people who weren’t considered to be in the labor force took jobs last month: This is not adjusted for inflation: Rental markets slowing: Rental glut sends a chill through the hottest housing markets

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Employment, Rental markets

The change in total nonfarm payroll employment for June was revised down from +248,000 to +208,000, and the change for July was revised down from +157,000 to +147,000. With these revisions, employment gains in June and July combined were 50,000 less than previously reported.

Read more at https://www.calculatedriskblog.com/#eVuYdeqRRy7O1pt6.99

Employment, Rental markets
Looks like the private sector credit ‘burst’ has run it’s course and the downtrend is resuming?

Employment, Rental markets
4.6 million people who weren’t considered to be in the labor force took jobs last month:

Employment, Rental markets
This is not adjusted for inflation:

Employment, Rental markets

Rental markets slowing:

Rental glut sends a chill through the hottest housing markets

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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