Tag: job losses

Credit Spreads Will Widen as Job Losses Mount and Supply-Side Costs Increase

Credit Spreads Will Widen as Job Losses Mount and Supply-Side Costs Increase

Credit spreads will widen in our view primarily driven by job losses and increases in the cost of goods and services. There is downward pressure on jobs as we usher in the fall season. Seasonal summer jobs essentially work their way to zero from Labor Day to Columbus Day. Government jobs around the U.S. Census … Continue reading Credit Spreads Will Widen as Job Losses Mount and Supply-Side Costs Increase

Houston, We Have A Demand Problem<span class="badge-status" style="background:red">Premium</span> 

Houston, We Have A Demand ProblemPremium 

We have a growing demand problem as a result of millions of jobs lost to the COVID pandemic (Personal Consumption -13.6% March to April 2020). Many of these jobs are not coming back as companies close permanently, realize they can do more with less and lose market share to competitors. Charts, video and podcasts at … Continue reading Houston, We Have A Demand ProblemPremium 

A Breakdown of the 701,000 Jobs the U.S. Economy Shed in March

A Breakdown of the 701,000 Jobs the U.S. Economy Shed in March

Total non-farm payroll employment fell by 701,000 in March 2020. The unemployment rate rose to 4.4% per the U.S. Bureau of Labor Statistics ("BLS"). Access our Excel breakdown HERE. Access the BLS "Employment Situation Summary" HERE. Reach us at info@ceorater.com or jmaietta@tek2day.com with any questions. click table to expand or download https://open.spotify.com/episode/7jfJcHHQGgV7ODBnX1p0pZ https://youtu.be/ARMMrPigbuQ