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Topic

Alternative unemployment measures

Gauges of labor market slack beyond the headline jobless rate, including the official U-6 measure and privately published indices of underemployment and low pay.

Current clusters

invest3 publishers

Government payrolls account for the whole of July's 23,000-job decline

Private employers still added 30,000 in July and unemployment fell to 4.1%, which is exactly the mixed-but-stable backdrop that lets a split Fed hold 3.50% to 3.75% and keep inflation, not hiring, as the thing it is fixing.

Perspective Coverage

3 publishers
Builder
Builder 3%
Operator
Operator 25%
Investor
Investor 72%

Reality

Evidence62
Adoption
Insufficient
Hype gap+18
Incentives58
Confidence60