Well, I think I'm respectfully disagree with with President Trump statement because, you know, it took migration and climate change, as I would say, the major challenges that we have to fight against for. And I said, well, look, if you took the experience of Spain is the contrary. So thanks to Climate two, to these, say, green policies, we have dropped the electricity prices since 2017 till now by 50%.So that enables us to gain competitiveness. And thanks to that, we are witnessing this extraordinary outcom ...

The Chicago Fed introducing new labor market indicators this morning that com combine private sector data with official labor statistics for a real time view of hiring layoffs uh and other job information. And join us now Chicago Fed President Austin Goulby. We How you doing, Mr.. President. It's good good to have you on. We got some new data.I'm excited. And you know why I like it. because, you know, say what you will about, you know, the big kurfuffle with the the BLS firing and all that stuff.It did high ...

The Fed just kicked off its first rate cut of the year, a quarter point, and hinted at two more rate cuts to come in 2025. That would bring rates down to between 3.5% to 3.75% by year end. The dot plot, which maps out where policy makers expect interest rates to head in the future, show that nearly all FOMC officials anticipated some sort of easing with just one official seeing no change.Most expect three rate cuts, some forecast two, and one even anticipate six cuts. So, lots of dispersion among the commit ...

Claire, >> Claire Jones, Financial Times. Um, given the range of views expressed prior to the meeting, I think there was a lot less descent today than a lot of people expected. It'd be good to know just what you think the drivers were of coming to that very strong consensus in the meeting and also on the flip side to just explain why the dot pot plots are really so scattered between you know someone even expecting rates to end up higher by the end of the year to to five cuts.I mean what were the kind of ran ...

Howard Schneider with Reuters. So, um, as you mentioned a minute ago, some margins of the job market would suggest that the slides already happening. Black unemployment rate in August was above 7%.Uh, declining work week, difficulty among co college graduates finding work, high rising youth unemployment. Why do you think a quarter percentage point now is going to arrest that. Well, I I hadn't say that I thought a quarter point would make a huge difference to the economy, but you got to look at the whole pat ...

Because a new report from the Wall Street Journal takes a look at the rising number of Americans struggling to make ends meet while flea feeling stuck at their current jobs. According to the Journal, despite unemployment rates remaining low, there are signs people are having difficulty finding a stable full-time job, leading many to take up part-time work instead. I want to bring in now the author of that piece, economics correspondent for the Wall Street Journal, Harriet Tory. Harriet, tell us more about y ...

https://t.co/vYgct0r1DZ外汇交易员 (@myfxtrader):#数据1-8月城镇固定资产投资同比增0.5%，创近5年以来最低增速。8月规模以上工业增加值同比增5.2%，增速为一年最低；社会消费品零售销售总额同比增3.4%，增速为自去年11月以来最低。中国8月城镇调查失业率录得5.3%，为6个月以来新高；31个大城市失业率录得5.3%，为去年8月以来新高。 ...

The official unemployment rate remains low. But a separate measure that includes part-time workers who want a full-time job and people so discouraged they’ve stopped looking is much higher. https://t.co/8oGG9KX4C6 ...

Economic Indicators & Labor Market - The labor market added only 22,000 jobs last month, significantly below the expected 75,000 [1] - The unemployment rate increased slightly to 43%, the highest since late 2021 [2] - The unemployment rate for young people is approximately 106%, the highest in a decade excluding the pandemic period [14] - There are now more people seeking jobs than available positions, a concerning trend [13] Trade & Tariff Impact - Tariffs are currently at about 18%, a substantial increase from approximately 25% when President Trump took office [7] - Current tariffs are estimated to result in approximately 500,000 fewer jobs in the economy [7] - Businesses are facing uncertainty due to the fluctuating tariff landscape, impacting hiring and investment decisions [14] Policy & Political Commentary - President Trump attributes the disappointing jobs report to interest rates and criticizes Federal Reserve Chair Jerome Powell [2] - The administration claims economic data will improve next year [3] - Concerns are raised that the administration's policies, including excessive tax cuts and tariffs, are negatively impacting the economy [11] - Immigration policies are constricting labor supply, affecting job numbers and long-term economic productivity [17][18]

Hey everyone and thanks for jumping back into the macroverse. Today we're going to talk about the recent jobs report and how the unemployment rate has risen to 4.3%. Furthermore, we had some revisions to prior months that actually sent I believe it was the June non-farm payrolls negative.So, we're going to talk about some of that stuff, what it might do to to expectations for the Fed funds rate, etc. We'll probably talk a little bit also about Bitcoin and the stock market. If you guys like the content, make ...