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Daniel Zhao on Twitter: "#JOLTS this week showed quits jumping to a record high. Some of these quits may have simply been delayed from earlier in the pandemic. There were ~5.1m "missing quits" during the pandemic at their peak in Feb 2021. Raises the question: how many more delayed quits may be coming? https://t.co/4fm91zWyui" / Twitter
Daniel Zhao on Twitter: "#JOLTS this week showed quits jumping to a record high. Some of these quits may have simply been delayed from earlier in the pandemic. There were ~5.1m "missing quits" during the pandemic at their peak in Feb 2021. Raises the question: how many more delayed quits may be coming? https://t.co/4fm91zWyui" / Twitter
#JOLTS this week showed quits jumping to a record high. Some of these quits may have simply been delayed from earlier in the pandemic. There were ~5.1m "missing quits" during the pandemic at their peak in Feb 2021. Raises the question: how many more delayed quits may be coming? https://t.co/4fm91zWyui
Daniel Zhao on Twitter: "#JOLTS this week showed quits jumping to a record high. Some of these quits may have simply been delayed from earlier in the pandemic. There were ~5.1m "missing quits" during the pandemic at their peak in Feb 2021. Raises the question: how many more delayed quits may be coming? https://t.co/4fm91zWyui" / Twitter
For Many Home Buyers, a 5% Down Payment Isn’t Enough
For Many Home Buyers, a 5% Down Payment Isn’t Enough
Half of existing-home buyers in April who used mortgages put at least 20% down. That is locking many first-time buyers and lower-income families out of homeownership.
For Many Home Buyers, a 5% Down Payment Isn’t Enough
Analysis | The seven industries most desperate for workers
Analysis | The seven industries most desperate for workers
The broad economy has yet to show signs of a serious worker shortage, economists say. But in some narrow pockets, from sawmills to psychologists’ offices, employers are raising wages significantly and seeing little response.
Analysis | The seven industries most desperate for workers
The Inflation Red Herring by Joseph E. Stiglitz - Project Syndicate
The Inflation Red Herring by Joseph E. Stiglitz - Project Syndicate
Far from signaling the return of significant inflation, temporary price increases are exactly what one would expect in a recovery following an economic shutdown. Whether those peddling inflation fears are pursuing their own agenda or simply jumping the gun, they should not be heeded.
The Inflation Red Herring by Joseph E. Stiglitz - Project Syndicate
Personal Income and Outlays, April 2021 | U.S. Bureau of Economic Analysis (BEA)
Personal Income and Outlays, April 2021 | U.S. Bureau of Economic Analysis (BEA)
Personal income decreased $3.21 trillion (13.1 percent) in April according to estimates released today by the Bureau of Economic Analysis (tables 3 and 5). Disposable personal income (DPI) decreased $3.22 trillion (14.6 percent) and personal consumption expenditures (PCE) increased $80.3 billion (0.5 percent).
Personal Income and Outlays, April 2021 | U.S. Bureau of Economic Analysis (BEA)