The labor market is still extremely tight and manufacturing continues to expand Nonfarm payrolls grew by 315,000 in August, close to trend growth from recent months outside of July’s surge. Capital Market Impact September 6, 2022 consumer spendingeconomic growthemploymentinflation
The labor market shows resilience with strong job growth The economic data last week featured surprising growth in nonfarm payrolls and continued evidence of a very tight labor market. Economic Commentary July 11, 2022 consumer spendingeconomic growthemployementinflation
More signs of a robust labor market Initial unemployment claims fell by 34,000 last week to a new 14-month low 444,000. Daily Economic Commentary May 21, 2021 market commentary
Rising quits rate another sign of labor market confidence Job quitters in the private sector rose by 106,000 in December to a ten-month high 3.12 million. Daily Economic Commentary February 10, 2021 market commentary
Labor market still stressed Initial jobless claims climbed for a second straight week through November 21. Economic Commentary November 30, 2020 consumer spendingeconomic growthhousing marketinflation
Week in Review: January was another solid month for the labor market January was another solid month for the labor market and the ISM manufacturing index surprised on the upside. Economic Commentary February 10, 2020 consumer spendingeconomic growthinflationinterest rates
Nationwide Market Insights Podcast: How are higher labor costs impacting inflation? How are higher labor costs impacting inflation and the overall economy? Economic Commentary June 9, 2022 economic growthinflationmarket commentary
Nationwide Market Insights Podcast: Job gains provide more evidence that we’re not in a recession now Nationwide's Chief Economist David Berson and Senior Economist Ben Ayers take a closer look at the tight labor market and how it reflects on the overall health of the economy. Economic Commentary August 9, 2022 economic growthinflationmarket commentary
Markets bounce, though trends remain difficult Equity markets are attempting a rally from bear market conditions, with the S&P 500® Index gaining over 6% since mid-June Capital Market Impact July 11, 2022 economic growthinflationinterest ratesmarket commentary
Is the strong jobs market too hot to handle? The Fed believes surging employment is helping to fuel inflation. Capital Market Impact June 22, 2022 economic growthinflationjobslabor market
