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Apr 05 2019

Cyclical Components of Job Growth Weakened in March

The more cyclical component of jobs growth remains under pressure, with year-over-year (yoy) nonfarm jobs growth excluding education and health falling to an 11-month low, whereas yoy growth in education and health rose to a 19-month high (chart).

ECRI's Lakshman Achuthan joined Real Vision on March 13th to discuss our 2018 slowdown call, ECRI’s research process and insights, and updates to our public outlook.

Real Vision has opened full access to the interview and you can watch it here.

Click here to review ECRI’s recent real-time track record.

For information on ECRI professional services please contact us.

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GDP Data Tells You Nothing About Recession Risk

ECRI March 27, 2019

GDP data can be very misleading around cycle turning points Ė especially in the lead-up to recession. More