The ratio of the Conference Board Leading Employment Index and nonfarm payrolls has historically been a great Business Cycle indicator. In April, the ratio declined further, continuing to signal a labor picture that is slowing more than the headline coincident data like nonfarm payrolls implies.
https://x.com/EPBResearch/status/1789262149467939267
..this is predicting a decline in employment and the trend is not good.
- Forums
- ASX - General
- Its Over
The ratio of the Conference Board Leading Employment Index and...
-
- There are more pages in this discussion • 1,430 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales