The biggest break in the American economy?
Are the United States facing the biggest break in activity in their history?This may be the story told by the number of weekly jobless claims.It is linked to the number…
Philippe Waechter's blog
What to expect this week ? December 2 to 8, 2019
Christine Lagarde at the European Parliament on December the 2nd. Markit and ISM surveys, German industrial orders, the Chinese external trade and US employment. The COP 25 in Spain. Highlights…
What to expect this week: October 28 to November 3, 2019
Highlights The Fed’s meeting with a press conference and a press release on Wednesday. Two questions: are disagreements between FOMC members remain as high as in September ? Will the…
The pace of the US labor market is changing
T he US job market has really changed pace in the past six months. It stabilizes but the trend is not on the downside yet. It will be for the…
Strong Labor Market in France
French employment is growing rapidly. 92 800 jobs have been added during the 1st quarter 2019. It’s more than the most optimistic forecasts and this figure is close to those…
GDP, Employment and Productivity in the Euro Area
Employment increased in the euro area during the first quarter (+ 1.4% annualized). The pace of job creations is solid. However, since the beginning of 2018, productivity has lost momentum…
No more samba in Brazil – My Tuesday column
This post is available in pdf format My Tuesday Column – 9 October 2018 Jair Bolsonaro has come out in the lead in the Brazilian presidential elections with 46%. Looking…
French growth and employment: A comparison with the Euro Area
The French government is currently scaling down its growth forecast for 2018. In the initial budget the expected growth rate was 1.7% but was upgraded at 2% in April before…