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Employment, ADP, vehicle sales

Summary:
Still down over 10 million jobs vs pre covid: The Cares Act expenditures are winding down… Private payroll recovery leveling off: Same pattern. Collapse, partial recovery, then sideways to down:

Topics:
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WARREN MOSLER writes Jobless claims, pending home sales, durable goods orders, construction spending

WARREN MOSLER writes Unemployment claims, Personal income, Transfer payments, Savings, Consumption, Light vehicle sales, Consumer confidence

WARREN MOSLER writes Euro zone services, gasoline demand, restaurants, hotels

WARREN MOSLER writes Jobless claims, Existing home sales, Euro construction

Still down over 10 million jobs vs pre covid:

Employment, ADP, vehicle sales

Employment, ADP, vehicle sales

The Cares Act expenditures are winding down…

Private payroll recovery leveling off:

Employment, ADP, vehicle sales
Same pattern. Collapse, partial recovery, then sideways to down:

Employment, ADP, vehicle sales

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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