Action is needed in the eurozone and Japan, according to the Treasury Secretary.
The deterioration in Kansas state finances not only continues unabated — it is seemingly accelerating.
Implications for the dollar’s trajectory
It’s that time of year again when our graduate students present seminars based on their dissertations in preparation for flying around the country trying to get an academic job. So I thought as a public service I’d call attention to this instructional video from the faculty at the University of Wisconsin on what new Ph.D.’s can expect when they give their first job talk.
The October employment release was much in line with expectations. I will focus my observations on a few observations:
(1) Alternative indicators indicate better improvement than headline (estimated) nonfarm payroll employment; (2) estimated nonfarm payroll employment has been revised upward over the past couple months; (3) estimated employment compensation growth remains muted, especially after taking into account catch-up and estimated productivity gains.