Inflation Outlook - The Fed was divided on whether inflation would rise too high [1] - Some members noted inflation had been above target for some time with little sign of returning [2] - Concerns existed regarding persistent core non-housing services inflation and tariff-related inflation in core goods [2] - Businesses planned to raise prices gradually in response to higher tariff-related input costs [2] - Productivity gains might limit the pass-through of tariff costs [3] Economic Activity & Labor Market - The economy was expanding at a moderate pace and the unemployment rate remained low [1] - A few members thought the softening labor market and changes in immigration would keep prices in check [3] - Elevated risks to the labor market were observed, particularly for groups historically more sensitive to economic cycles [3][4] - Divergence existed between subdued job growth and relatively strong GDP [4] - Trade tensions could weigh on economic activity [4] Monetary Policy - Many participants favored lowering the target range for the federal funds rate [4] - Strongly differing views existed regarding the appropriate policy decision at the December meeting [5] - The minutes confirm the Fed was divided and uncertain about the economic outlook [6]

How much of a surprise is this. We knew that there was going to be parts of the report that were missing. But to just wholesale cancel the October jobs report, it is a little bit of a surprise, especially because businesses are able to keep their records, how many folks were on their payrolls.And so when you ask businesses how many people were on your payrolls for the week that included the 12th of the month, they should have paystubs, they should have our records. It should be relatively easy to retrieve t ...

RT AF Post (@AFpost)The unemployment rate for US college graduates is now 9.3%, higher than a peak of 8.7% during the 2008 Great Financial Crisis.This year, the US approved around 200,000 H-1B visas.Follow: @AFpost https://t.co/LIQY9cFeLH ...

The unemployment rate is a closely followed indicator, used by businesses, investors, and others to gauge the state of the U.S. economy. https://t.co/gCg1KFvDmD ...

#数据 1-10月城镇固定资产投资同比降幅为2020年6月以来最大。 https://t.co/Kd7iBPGYK6外汇交易员 (@myfxtrader):#数据 中国10月规模以上工业增加值同比增4.9%，预期5.5%；10月社会消费品零售总额同比增2.9%，预期2.7%；10月城镇调查失业率5.1%，预期5.2%；1-10月城镇固定资产投资同比-1.7%，预期-0.8%。 https://t.co/GWEjKDuZ6E ...

Employment Data & Reporting - September jobs report is expected to be released next week [1] - October employment report will be partially available, with payroll site data calculable but household survey incomplete [1] - October unemployment rate will not be known [1] Employee Matters - Essential employees were brought back early to ensure furloughed employees received their checks promptly [2] - Aggressive efforts were made to expedite check delivery to employees [2]

It was a conj job. Affordability, they call it, was a conjob by the by the Democrats. The Democrats are good at a few things.Cheating on elections and conning people with facts that aren't true. They said, "Oh, I don't want to talk about affordability." The reason I don't want to talk about affordability is because everybody knows that it's far less expensive under Trump than it was under Sleepy Joe Biden. And the prices are way down.As President Trump on Friday, calling the Democratic Party's focus on affo ...

South Africa’s unemployment rate dropped for the first time this year in the third quarter https://t.co/Lq18A20DcW ...

Despite some growing consumer concerns, some signs of strength in CNBC's latest retail monitor report. For that, we'll turn to Steve Leeman this morning. Hi, Steve.Hey, Car. Yeah, consumer spending bounced back in October after a pretty sharp fall in September with gains in the CNBC NRF retail monitor across most sectors, adding up to a strong start for retail in the fourth quarter. That could be good for the holiday season.The retail monitor, we get actual credit card spending data from Affinity Solutions. ...

There's a lot of data out there, but we're missing the data that can settle an argument. We're missing the data that you'd have higher conviction on. And frankly, the government data.The other piece, it is so much more comprehensive with the private sector or the surveys, you've got to stitch together all these different data series and they often go in different directions to tell a story. You don't have a long time series often, so it's really hard to think about the business cycle. So you're just you jus ...