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Weekly Commentary: Powell Building Credibility

Powell is an admirer of Paul Volcker’s fortitude, and he’s clearly drawing inspiration from the legendary Fed Chairman.

Weekly Jobless Claims Drop Below Pre-Pandemic Levels in Sign of Continued Labor Market Tightness

The number of weekly jobless filings a proxy for layoffs dropped by 8,000 from the prior week to below pre-pandemic levels, delivering a fresh sign of continued tightening in the U.S. jobs market.

Another 205,000 American Workers File For Unemployment

Another 205,000 American workers filed for unemployment benefits last week, matching the prior week's jobless claims number.

June 2021 Small Business Optimism: Labor Shortage Remains a Challenge for Small Businesses as Inflation Increases