Biweekly, we highlight three things going on in the energy industry that we think you should know about. Here’s the latest. … READ MORE >
Blog
CHART OF THE DAY: Initial jobless claims continue downward trend
Initial jobless claims continued to decelerate for the sixth straight week as the labor market slowly normalizes, according to government data released Thursday. … READ MORE >
May CPI: Prices surge on strong base effects and economic reopening
We do not expect that these price increases will ease until the fall, when we expect that inflation will peak at just under 5% on a quarterly basis and then begin to ease back toward the Federal Reserve’s 2% target over the next year. … READ MORE >
5 trends from government services companies’ Q1 earnings calls
Through the start of 2021, the government services ecosystem buzzed with excitement around the Biden administration’s budget request and proposed infrastructure package. Contractors expect federal spending to flow toward initiatives such as IT modernization, supply chain risk management, cybersecurity and ESG. … READ MORE >
RSM Canada Financial Conditions Index: Accommodation to continue while economy recovers
The Bank of Canada reiterated its intention to maintain an accommodative monetary policy stance as the economy continues to recover and financial conditions remain one standard deviation above neutral. … READ MORE >
5 trends from defense technology companies’ Q1 earnings calls
Companies in the defense technologies ecosystem began 2021 by continuing to closely monitor operations and supply chains while positioning for short- and long-term federal government modernization efforts. … READ MORE >
CHART OF THE DAY: April JOLTS data shows tightening in the labor market, but it’s nothing new
The federal government’s job openings and labor turnover data for April, also known as JOLTS, implies that while the labor market has tightened, this is nothing new. … READ MORE >
UK economic chartbook: Consumers gain more confidence
Mass vaccinations have stimulated a revitalization of the domestic U.K. economy in recent months, which is resulting in a rapid normalization of consumer behavior. … READ MORE >
Pandemic pressures leave women struggling to regain lost ground on jobs
During the pandemic, women have taken the brunt of the damage to the labor force, whether in the form of losing their jobs or working triple-duty at home with child care and education on top of their work obligations. … READ MORE >
CHART OF THE DAY: Duration of unemployment suggests patience by the Fed
Among mounting signs of recovery from the pandemic and recession, it’s taking longer for out-of-work members of the labor force to find employment. It now takes almost 30 weeks on average to find a job, with a median of more than 19 weeks. … READ MORE >