When the October U.S. employment report is released on Friday, a central area of focus will be on the potential return of women in their prime working years to the labor force. … READ MORE >
Delta variant
Manufacturing in Canada at seven-month high
Canada’s manufacturing output hit a seven-month high in October as domestic and international demand remained strong despite persistent bottlenecks in the global supply chains. … READ MORE >
RSM US Manufacturing Outlook Index: Expansion hits headwinds
The RSM US Manufacturing Outlook Index was more than 1.2 standard deviations above normal in October, suggesting an expansionary production sector; only 18% of the months since 1968 have had higher results. … READ MORE >
Workers chart a different course as new business formations surge
New business formations surged during the pandemic and are reshaping the labor market in a way that bodes well for economic growth. … READ MORE >
Chart of the day: Wages grew fastest in 20 years
The tight labor market sent worker compensation growth in the third quarter to the highest level in 20 years, posting a 1.3% gain. … READ MORE >
5 things to know in life sciences: Week of October 25
From new COVID-19 rapid testing to breakthroughs in gene editing, each week we explore five things impacting the life sciences industry. … READ MORE >
FOMC preview: Tapering explained
Next week’s meeting of the Federal Open Market Committee will focus on the Federal Reserve’s exit from its pandemic-era asset purchase program that has sent its balance sheet above $8.5 trillion. … READ MORE >
Chart of the day: Pending home sales dipped in September
The pending home sales index fell 2.3% to 116.7 in September after a strong gain of 8% in August, a sign of a modest pullback in home buying as some purchases are delayed until next year. … READ MORE >
GDP grows 2% as delta variant, supply chains and inflation take their toll
The delta variant, disruptions to global supply chains and inflation all took a powerful toll on U.S. gross domestic product in the third quarter as the pace of growth slowed to 2% from 6.7% in the prior quarter. … READ MORE >
Jobless claims hit pandemic low as labor market recovers
New filings for jobless claims dropped to another pandemic low last week as jobs remain plentiful while employers continue to compete for employees. … READ MORE >