Joe CarsonJun 4, 2020Returning Workers Could Trigger A Big Jump In the Jobless Rate In May Analysts are expecting the civilian unemployment rate to jump to 19% in May, up from 14.7% in April. But an unexplained sharp drop in the...
Joe CarsonJun 3, 2020Sharp Drop In Taxes Conflicts With ADP Report The monthly ADP employment report for May showed a loss of 2.76 million, far below the expected decline of 8.75 million. The methodology...
Joe CarsonJun 1, 2020ISM Surveys of Manufacturing: Sharp Contraction Underway & No Sign of Recovery In May, the Institute of Supply Management (ISM) released two surveys on manufacturing. The message is bleak; the contraction in activity...
Joe CarsonMay 28, 2020Tale of Two Profit Measures: Big Companies Perform Much Worse Than Smaller Firms in Q1