There’s a reason John Mousseau, Patty Healy, and I read TLRWire’s daily notes with regularity. This research service is on the cutting edge in capturing important trends concerning the US labor force and other key economic developments. Even when the Bureau of Labor Statistics website was down…

There were no surprises in the FOMC’s June policy statement, and all the interesting information was either in the new set of Summary of Economic Projections or in Chairman Powell’s post-meeting press conference. What seemed to get the most attention in the press and by commentators was the…

“The Delta variant is speeding past sluggish global vaccination efforts, likely bringing a brutal summer of infections across dozens of countries – even in some nations with plentiful vaccine stocks.” (Johns Hopkins Bloomberg School of Public Health Global Health NOW: “Covid-19 ‘on Steroids’;…

An economist visits the Grand Canyon with his wife. They peer together across that vast, majestic maze, tinted with orange and distant blue. His wife asks, “How old is this?” He says, “10 million and 6 years.” “What’s the 6 years?” She demands. He says, “I was here at a conference six years…

Last Saturday, June 5, the G7 finance ministers and central bank governors, meeting in London, issued a communique in which they “strongly support” the G20/OECD efforts to reform the global taxation of corporations, including a commitment to institute “a global minimum tax…

We’re sending readers the link to this excellent primer about the five categories of monetary policy operations in today’s world, each of them representing a role that a central bank plays. Cechetti and Tucker argue that each of these applications of policy should unfold within…

A comparison of recent estimates of monthly job creation by the Bureau of Labor Statistics (BLS) and estimates generated by Automatic Data Processing (ADP) reveals wide disparities. For example, in February, BLS showed 536,000 jobs created versus only 179,643 for ADP.

On Wednesday, the Federal Reserve announced plans to begin winding down its $13.8 billion portfolio of corporate bond holdings purchased during the market dislocation caused by the COVID pandemic and the shutdowns implemented to mitigate it.

Michael Lipper is an icon in financial market history. After all, he has an index named for him, and that’s the ultimate compliment among economists and financial market practitioners. Lipper is famous for his index on mutual funds and has a distinguished career in the…