by Stephen Roberts | 12 Sep, 2013 | Economic Weekly, Laminar Economist Stephen Roberts
The August labour force report was softer than expected with employment falling by 10,800 (consensus +10,000), a second consecutive monthly fall. In trend terms employment is falling slightly on a monthly basis. The unemployment rate rose one notch to 5.8% in line...
by Stephen Roberts | 2 Sep, 2013 | Economic Weekly, Laminar Economist Stephen Roberts
Risk assets were stronger mostly through the first half of August as earlier concern that the US Fed might start to taper its monthly bond-buying program from its mid-September policy meeting was allayed by mixed-strength US economic readings. The key July US non-farm...
by Stephen Roberts | 11 Jul, 2013 | Economic Weekly, Laminar Economist Stephen Roberts
A slightly firmer than expected June labour force report with employment up 10,300 in the month against market expectation of zero and our forecast of +10,000. All of the employment growth in the month and more was part time, mostly female part time, also because the...
by Stephen Roberts | 24 Jun, 2013 | Economic Weekly, Laminar Economist Stephen Roberts
Risk markets and bond markets have weakened – sharply in the case of equity markets – since late May when Federal Reserve (Fed) Chairman heralded that if the US economy continued to strengthen the Fed could start to reduce its monthly bond buying program...
by Stephen Roberts | 13 Jun, 2013 | Economic Weekly, Laminar Economist Stephen Roberts
Employment was a touch stronger than the market expected in May up 1,100 (consensus -10,000) although April was revised to +45,000 from +50,100. Employment growth averaging 23,000 a month through the first two months of Q2 is reasonably strong. The unemployment rate...
