The Bureau of Labor Statistics has made some nice upgrades to their jobs report highlights. Always makes me laugh that “drinking places” is an official government stat. Interesting too: January marks 35 consecutive months without a job loss in this industry. Food services and drinking places recovered all the jobs it lost in the most recent recession, and employment is now 441,000 above its most recent peak reached in December 2007. Prohibition be damned. Booze and other vices obviously help the economy.
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- Jobless Claims Remain low.
- Purchase Applications down again.
- Housing Start up but Single-family lowest since September 2015.
- Home Builders Remain Confident.
- July Retail Sales Weak.
- Initial Jobless Claims Remain low,
- A Slow Summer for Purchase Applications,
- Worker Productivity down for 3rd Consecutive quarter.
- Inside the BLS Employment Situation Report.
- Labor Market Conditions Index Turns Positive.