Attention Economy


Saturday, June 3, 2023

The Hard-to-Decipher Economy

The threat of more banking turmoil heightens the chances that the economy could slip into a recession heading into the presidential election year.
https://www.politico.com/news/2023/05/31/biden-default-banks-debt-00099323
 
Get Ready for the Full-Employment Recession
https://www.wsj.com/articles/get-ready-for-the-full-employment-recession-bc9937a5
Job growth is soaring yet output is falling, by one measure. Blame a historic slump in productivity.
 
May’s jobs report looks confusing, but the underlying data still show strength
https://www.wsj.com/articles/mixed-signals-in-u-s-jobs-report-a57b18fd
 
One reason for the surprise jobs boom? Immigrants are back.
https://www.washingtonpost.com/opinions/2023/06/02/jobs-boom-immigrants-women/