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A Framework That Provides Clarity

During periods of “low visibility,” confusion reigns: for every indication of one trend, there seems to be a countertrend. The key is to glean from the collective wisdom of reliable leading indicators a clear signal that the economy is headed for a turn.

News

 

More Than One Job to Make Ends Meet


Single jobholder growth is at 1.3% in May (top line), a two-year low, and the lowest since May 2014.

At the same time multiple jobholders growth has advanced to 6.1% in May (bottom line), a five-month high, the highest since December 2015.



This suggests that people need to work multiple, lower-paying jobs, in order to make ends meet.

Related News & Events

More Wage Inflation Deception

ECRI June 3, 2016

“There is nothing more deceptive than an obvious fact.” More

 

Rate Hike “Cycle” Remains Unlikely

ECRI June 2, 2016

Cyclical slowdowns are more widespread globally than at any time in almost 3 years. More

 

Wage Erosion Resumes

ECRI May 25, 2016

Higher inflation eats away at real wage growth. More