Jobs Survey Smackdown!
Moody's Talks - Inside Economics
English - March 08, 2024 22:05 - 48 minutes - 44.5 MB - ★★★★★ - 216 ratingsInvesting Business News Business News economics zandi mark zandi inside economics moodys analytics economy economist forecast moodys Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: What is Bugging Us?
Next Episode: Debt Isn't Everything
The Inside Economics team dissects yet another upside surprise in the February jobs report and ponders the mixed messages between the payroll and household surveys. Employment is coming in hot but the unemployment rate rose to its highest level in over a year and wage growth cooled. The team theorizes on why the two surveys are so at odds with each other lately. Finally, they each opine on whether the data are leaning more toward a higher risk of recession or “no landing”. Surprisingly, they’re all in agreement.
Follow Mark Zandi @MarkZandi, Cris deRitis @MiddleWayEcon, and Marisa DiNatale on LinkedIn for additional insight.