Tag Archives: May 2023 Employment Report

Scenes from the May employment report: leading indicators and the big picture  – by New Deal democrat As I wrote Friday, the May employment report was deeply bifurcated, with a strong Establishment survey, but a weak Household survey.   Let’s take a look at some of that bifurcation, focusing on the leading indicators. There are 4 leading indicators in the Establishment portion of the report: manufacturing, residential construction, and...

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