cover of episode UBS On-Air: Paul Donovan Daily Audio 'US employment data you can count'

UBS On-Air: Paul Donovan Daily Audio 'US employment data you can count'

2024/8/8
logo of podcast UBS On-Air: Market Moves

UBS On-Air: Market Moves

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Shownotes Transcript

There is an eerie calm over the economic calendar. Weekly US initial jobless claims data may get more attention than normal. This is not survey evidence (people have to do something to make a claim), but it is also not comprehensive as unemployed new entrants to the workforce are not captured. The state breakdown may offer some helpful insights into the effects of Hurricane Beryl on Texas (and through that, national employment data).