Newsmakers
Why Sometimes Ya Just Can’t Trust Payroll Estimates
Economist Gary Shilling shows how Wall Street projections and the actual official report can be way off.
Tag: jobs report
Coronavirus - COVID-19
Drag on Economy: The ‘Temporarily Laid Off’ Who Become Permanent
Goldman Sachs warns that a big swatch of the jobless will end up staying that way.
Market Moves
Gundlach Says Fed ‘Panicked’ by Cutting Rates
Coronavirus worries threaten to harm economy and boost jobless claims, bond savant warns.
Research
GM Strike Will Shrink October Job Growth, Economists Warn
Expect just 25,000 positions added, vs. five times that in September, Capital Economics estimates.
Storm Impact May Mute September Job Report, but Not Trade War
Economists’ consensus calls for a 168,000 gain in employment, more tepid than the current trend.