» REPLAY | Monthly | Employment Conference Call| Spring and the U.S. Labor Market in 2024 – 4/5/24 Decision Economics

REPLAY | Monthly | Employment Conference Call| Spring and the U.S. Labor Market in 2024 – 4/5/24

Posted April 5, 2024 by rvillareal

Spring and the U.S. Labor Market in 2024
Labor Market in Early Spring (Mar.)—Superstrong? Still Strong? Rebalancing? Softening? Weak?—The Data and The Story
• Jobs (Nonfarm Payrolls); Persons Working (Hh. Survey); Unemployment Rate; Earnings (Avg. Hrly.) and Compensation
• Signs of Softening?
The Flavor—How Now the U.S. Labor Market?
• Still “Fully Employed”?
• Structural Changes to Note
Economy Implications—Baseline Prospect (“Expansion”) (Odds 65%); “Soft Landing” (the Fed Forecast) (Odds 10%); “Boomy” Expansion (Odds 10%); Recession (Odds 15%)

Fed Policy and Interest Rates—No Hurry to Cut But No Increases
The Economy and the Equity Market—Still Trend Bullish
The Economy and the Election—The Election and the Economy