The labor market provided a surprise to the upside in May, even as both the manufacturing and service sectors continued to struggle.
The Start of a Recovery or a One-Time Bounce? Week of June 1 – 5
More Records Fall: May 4 – 8
The employment report highlighted a week full of dismal economic data.
Employers Hire, The Fed Cuts: March 2 – 6
While not impacting the labor market in February, the coronavirus pushed the Fed to take action and weighed on purchasing managers’ business outlook.
What We Learned About the U.S. Economy Last Week 