Podcasts about labor statistics bls

In a social media post last Monday, August 11, President Donald Trump announced that he was nominating economist E.J. Antoni to lead the Bureau of Labor Statistics (BLS). Earlier this month, Trump fired the previous commissioner, Erika McEntarfer, after the agency released a weaker-than-expected July jobs report and revised May's and June's numbers downwards. Tangle LIVE tickets are available!We're excited to announce that our third installment of Tangle Live will be held on October 24, 2025, at the Irvine Barclay Theatre in Irvine, California. If you're in the area (or want to make the trip), we'd love to have you join Isaac and the team for a night of spirited discussion, live Q&A, and opportunities to meet the team in person. You can read more about the event and purchase tickets here.Ad-free podcasts are here!To listen to this podcast ad-free, and to enjoy our subscriber only premium content, go to ReadTangle.com to sign up!You can read today's podcast⁠ ⁠⁠here⁠⁠⁠, our “Under the Radar” story ⁠here and today's “Have a nice day” story ⁠here⁠.Take the survey: What do you think of Antoni's qualifications? Let us know!Disagree? That's okay. My opinion is just one of many. Write in and let us know why, and we'll consider publishing your feedback.You can subscribe to Tangle by clicking here or drop something in our tip jar by clicking here. Our Executive Editor and Founder is Isaac Saul. Our Executive Producer is Jon Lall.This podcast was written by: Isaac Saul and edited and engineered by Dewey Thomas. Music for the podcast was produced by Diet 75.Our newsletter is edited by Managing Editor Ari Weitzman, Senior Editor Will Kaback, Lindsey Knuth, Kendall White, Bailey Saul, and Audrey Moorehead. Hosted on Acast. See acast.com/privacy for more information.

In this episode, Kathy Jones and Liz Ann Sonders dive into the latest economic data and its implications for the Federal Reserve's policy decisions. They analyze the recent Consumer Price Index (CPI) report and assess the risk of latent stagflation. They also examine the Fed's dilemma in considering a September interest rate cut, a possible 50-basis-point reduction, and ongoing labor market and inflation pressures. Kathy and Liz Ann stress the importance of looking beyond headline figures to understand revisions and underlying economic trends. They also address recent changes at the Bureau of Labor Statistics (BLS) and their potential impact on the reliability of economic data. Finally, Kathy and Liz Ann discuss the data and economic indicators they will be watching in the coming week.On Investing is an original podcast from Charles Schwab. For more on the show, visit schwab.com/OnInvesting. If you enjoy the show, please leave a rating or review on Apple Podcasts.Important DisclosuresThis material is intended for general informational and educational purposes only. This should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decisions.All expressions of opinion are subject to change without notice in reaction to shifting market, economic or political conditions. Data contained herein from third party providers is obtained from what are considered reliable sources. However, its accuracy, completeness or reliability cannot be guaranteed.Investing involves risk, including loss of principal. Indexes are unmanaged, do not incur management fees, costs, and expenses and cannot be invested in directly. For more information on indexes, please see schwab.com/indexdefinitions. Performance may be affected by risks associated with non-diversification, including investments in specific countries or sectors. Additional risks may also include, but are not limited to, investments in foreign securities, especially emerging markets, real estate investment trusts (REITs), fixed income, municipal securities including state specific municipal securities, small capitalization securities and commodities. Each individual investor should consider these risks carefully before investing in a particular security or strategy.All names and market data shown above are for illustrative purposes only and are not a recommendation, offer to sell, or a solicitation of an offer to buy any security.Technical analysis is not recommended as a sole means of investment research.Diversification, asset allocation, and rebalancing strategies do not ensure a profit and do not protect against losses in declining markets.This information is not a specific recommendation, individualized tax, legal, or investment advice. Tax laws are subject to change, either prospectively or retroactively. Where specific advice is necessary or appropriate, individuals should contact their own professional tax and investment advisors or other professionals (CPA, Financial Planner, Investment Manager, Estate Attorney) to help answer questions about specific situations or needs prior to taking any action based upon this information.Rebalancing may cause investors to incur transaction costs and, when a non-retirement account is rebalanced, taxable events may be created that may affect your tax liability.Currency trading is speculative, very volatile and not suitable for all investors.Forecasts contained herein are for illustrative purposes only, may be based upon proprietary research and are developed through analysis of historical public data.The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.(0825-YCMU)

This Day in Legal History: Starve or SellOn August 15, 1876, the United States Congress passed a coercive measure aimed at forcing the Sioux Nation to relinquish their sacred lands in the Black Hills of present-day South Dakota. Known informally as the "starve or sell" bill, the legislation declared that no further federal appropriations would be made for the Sioux's food or supplies unless they ceded the Black Hills to the U.S. government. This came just two months after the Lakota and Northern Cheyenne had defeated General George Custer at the Battle of the Little Bighorn, a major blow to U.S. military prestige.The Black Hills had been guaranteed to the Sioux in the 1868 Treaty of Fort Laramie, which recognized their sovereignty over the area. But when gold was discovered there in 1874 during Custer's expedition, settlers and miners flooded the region, violating the treaty. Rather than remove the intruders, the federal government shifted blame and sought to pressure the Sioux into surrendering the land.The 1876 bill effectively weaponized hunger by conditioning life-sustaining aid on land cession. This tactic ignored treaty obligations and relied on exploiting the Sioux's vulnerability after a harsh winter and military setbacks. Despite resistance from many tribal leaders, the U.S. government eventually secured signatures under extreme duress. In 1980, the U.S. Supreme Court in United States v. Sioux Nation of Indians ruled that the Black Hills were taken illegally and ordered compensation—money the Sioux have famously refused, insisting instead on the return of the land.Russian state-sponsored hackers infiltrated the U.S. federal court system and secretly accessed sealed records for years by exploiting stolen user credentials and a vulnerability in an outdated server. The breach, which remained undisclosed until recently, involved the deliberate targeting of sealed documents tied to sensitive matters like espionage, fraud, money laundering, and foreign agents. These records, normally protected by court order, often include details about confidential informants and active investigations. Investigators believe the hackers were backed by the Russian government, though they haven't been officially named in public disclosures.The Department of Justice has confirmed that “special measures” are now being taken to protect individuals potentially exposed in the breach. Acting Assistant Attorney General Matt Galeotti said that while technical and procedural safeguards are being implemented broadly, the DOJ is focusing particular attention on cases where sensitive information may have been compromised. He did not provide specifics but acknowledged that the situation demands urgent and tailored responses. Judges across the country were reportedly alerted in mid-July that at least eight federal court districts had been affected.This breach follows an earlier major compromise in 2020, also attributed to Russian actors, involving malicious code distributed through SolarWinds software. In response to both incidents, the judiciary has ramped up its cybersecurity efforts, including implementing multifactor authentication and revising policies on how sealed documents are handled. Some courts now require such documents to be filed only in hard copy. However, officials and experts alike have criticized Congress for underfunding judicial cybersecurity infrastructure, leaving it vulnerable to increasingly sophisticated attacks.The situation raises ongoing concerns about the security of national security cases and the exposure of individuals whose cooperation with law enforcement was meant to remain confidential. Lawmakers have requested classified briefings, and President Trump, who is set to meet with Russian President Vladimir Putin, acknowledged the breach but downplayed its significance.Russian Hackers Lurked in US Courts for Years, Took Sealed FilesUS taking 'special measures' to protect people possibly exposed in court records hack | ReutersA federal trial in California is testing the legal boundaries of the U.S. military's role in domestic affairs, focusing on President Donald Trump's deployment of troops to Los Angeles during protests in June. California Governor Gavin Newsom sued Trump, arguing the deployment of 700 Marines and 4,000 National Guard troops violated the Posse Comitatus Act, an 1878 law that prohibits the military from engaging in civilian law enforcement. Testimony revealed that troops, including armed units and combat vehicles, were involved in activities like detaining individuals and supporting immigration raids—actions critics argue cross into law enforcement.The Justice Department defended Trump's actions, asserting that the Constitution permits the president to deploy troops to protect federal property and personnel. They also claimed California lacks the standing to challenge the deployment in civil court, since Posse Comitatus is a criminal statute that can only be enforced through prosecution. U.S. District Judge Charles Breyer expressed concern about the lack of clear limits on presidential authority in such matters and questioned whether the logic behind the Justice Department's arguments would allow indefinite military involvement in domestic policing.Military officials testified that decisions in the field—such as setting up perimeters or detaining people—were made under broad interpretations of what constitutes protecting federal interests. The case took on added urgency when, on the trial's final day, Trump ordered 800 more National Guard troops to patrol Washington, D.C., citing high crime rates, despite statistical declines. The Justice Department has also invoked the president's immunity for official acts under a 2024 Supreme Court ruling, further complicating California's legal path.Trial shows fragility of limits on US military's domestic role | ReutersThe U.S. legal sector added jobs for the fifth consecutive month in July, nearing its all-time high of 1.2 million positions set in December 2023, according to preliminary Bureau of Labor Statistics (BLS) data. While this signals positive momentum, long-term growth remains modest; employment is only 1.7% higher than its May 2007 peak, showing how the 2008 financial crisis and the pandemic stalled progress. Big law firms, however, have seen major gains: between 1999 and 2021, the top 200 firms nearly doubled their lawyer headcount and saw revenues grow by 172%.Still, the wider legal job market—including paralegals and administrative staff—hasn't kept pace. Technological efficiencies and AI have reduced reliance on support staff, and the lawyer-to-staff ratio has declined steadily. Some general counsels are now using AI tools instead of outside firms for tasks like summarizing cases and compiling data, suggesting further disruption is on the horizon. Meanwhile, superstar lawyers at elite firms now earn upward of $10 million a year, driven by rising billing rates and high-demand corporate work.Broader U.S. job growth lagged in July, with the BLS issuing significant downward revisions for previous months. President Trump responded by firing BLS Commissioner Erika McEntarfer, accusing her without evidence of data manipulation. On the law firm side, Boies Schiller is handling high-profile litigation over Florida's immigration policies, with rates topping $875 an hour for partners. Separately, Eversheds Sutherland reported a 10% jump in global revenue, citing strong performance in its U.S. offices and a new Silicon Valley branch.US legal jobs are rising again, but gains are mixed | ReutersThe U.S. Supreme Court has declined to temporarily block a Mississippi law requiring social media platforms to verify users' ages and obtain parental consent for minors, while a legal challenge from tech industry group NetChoice moves through the courts. NetChoice, whose members include Meta, YouTube, and Snapchat, argues the law violates the First Amendment's free speech protections. Although Justice Brett Kavanaugh acknowledged the law is likely unconstitutional, he stated that NetChoice hadn't met the high standard necessary to halt enforcement at this early stage.The Mississippi law, passed unanimously by the state legislature, requires platforms to make “commercially reasonable” efforts to verify age and secure “express consent” from a parent or guardian before allowing minors to create accounts. The state can impose both civil and criminal penalties for violations. NetChoice initially won limited relief in lower court rulings, with a federal judge pausing enforcement against some of its members, but the Fifth Circuit Court of Appeals reversed that pause without explanation.Mississippi officials welcomed the Supreme Court's decision to allow the law to remain in effect for now, calling it a chance for “thoughtful consideration” of the legal issues. Meanwhile, NetChoice sees the order as a procedural setback but remains confident about the eventual outcome, citing Kavanaugh's statement. The case marks the first time the Supreme Court has been asked to weigh in on a state social media age-check law. Similar laws in seven other states have already been blocked by courts. Tech companies, facing increasing scrutiny over their platforms' impact on minors, insist they already provide parental controls and moderation tools.US Supreme Court declines for now to block Mississippi social media age-check law | ReutersThis week's closing theme is by Samuel Coleridge-Taylor.On this day in 1875, Samuel Coleridge-Taylor was born in London to an English mother and a Sierra Leonean father. A composer of striking originality and lyricism, Coleridge-Taylor rose to prominence in the late 19th and early 20th centuries, earning acclaim on both sides of the Atlantic. Often dubbed the “African Mahler” by American press during his tours of the U.S., he became a symbol of Black excellence in classical music at a time when such recognition was rare. He studied at the Royal College of Music under Charles Villiers Stanford, and by his early twenties, had already composed his most famous work, Hiawatha's Wedding Feast, which became a staple of British choral repertoire.Coleridge-Taylor's music blended Romanticism with rhythmic vitality, often inflected with the spirituals and folk influences he encountered during his visits to the United States. He was deeply inspired by African-American musical traditions and maintained a lifelong interest in promoting racial equality through the arts. His catalogue includes choral works, chamber music, orchestral pieces, and songs—each marked by melodic richness and emotional depth.This week, we close with the fifth and final movement of his 5 Fantasiestücke, Op. 5—titled "Dance." Composed when he was just 18, the piece captures the youthful exuberance and technical elegance that would characterize his career. Lively, rhythmically playful, and tinged with charm, “Dance” is a fitting celebration of Coleridge-Taylor's enduring legacy and a reminder of the brilliance he achieved in his all-too-brief life.Without further ado, Samuel Coleridge Taylor's 5 Fantasiestücke, Op. 5 – enjoy! This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

China Style Capitalism - CHINUS Capitalism Some Fed speakers talking 2 cuts now Fresh set of IPOs entering the market A NEW Closest to The Pin announcement PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm-Up - China Style Capitalism - CHINUS Capitalism - Some Fed speakers talking 2 cuts now - Fresh set of IPOs entering the market - A NEW Closest to The Pin - AND a couple of listener limericks Markets - New Highs and Crypto looks to breakout - Apple best week since 2020 - Alts coming to your 401k - Gold - no longer to be tariff'd - NVDA chips - not safe? Fed Speakers - Some talking 3 rate cuts... End of year? - CPI and PPI this week so we shall see -- Seems like kiss ass tactcs to keep job or get promoted New America Way of Business? - CHINUS - Nvidia and Advanced Micro Devices have agreed to give the U.S. government a share of revenues from certain chips sold in China, the Financial Times reported, in an unprecedented arrangement with the White House. - In exchange for 15% of revenues from the chip sales, the two chipmakers will receive export licenses to sell Nvidia's H20 and AMD's MI308 chips in China, according to the FT. - The arrangement comes as President Donald Trump's tariffs continue to reverberate through the global economy, underscoring the White House's willingness to carve out exceptions as a bargaining tool. (Who is this bargaining with????) Perplexing - Perplexity offered to purchase Google's (GOOG) Chrome for $34.5 billion, according to WSJ - Google doesn't break out Chrome-specific revenue, analysts estimate its indirect contribution to ad revenue is tens of billions annually. Losing Chrome would weaken Google's ability to control defaults and gather behavioral data, which are critical for ad targeting - Analysts suggest Chrome could be worth $50 billion or more if Google were forced to sell, given its user base and strategic importance - IPOs - The U.S. IPO market has surged in 2025, with over 210 listings so far—up 84% from last year. Notable performers include: - Figma, Inc. – IPO at $33, now trading at $78.11 (+136.70%) - Ambiq Micro, Inc. – IPO at $24, now $39.47 (+64.46%) - inkhome Holdings Inc. – IPO at $4, now $7.50 (+87.50%) - Rich Sparkle Holdings Limited – IPO at $4, now $35.09 (+777.25%) - Masonglory Limited – IPO at $4, now $12.00 (+200.00%) - Firefly Aerospace Inc. – IPO at $45, now $50.17 (+11.49%) - HeartFlow, Inc. – IPO at $19, now $28.75 (+51.32%) JOBS Report FIX - BLS Commissioner nominee E.J. Antoni suggested that monthly jobs report could be paused to fix methodology, according to Fox Business interview - Many are worrying about the FIX - is it a fix or will it be fixed...? - More than 2,000 people work at the Bureau of Labor Statistics (BLS), including professional economists and survey takers who contribute to the production of the monthly jobs report - The Commissioner of the Bureau of Labor Statistics (BLS) has no direct role in collecting, processing, or altering the monthly jobs report data. Here's a breakdown of how the system is designed to prevent manipulation ---The commissioner does not see the jobs data until the Wednesday before its public release on Friday - But, let's discuss - how can the commissioner change the numbers? Intel - 96 hours of fun - Intel stock up as White House going to force TSM to buy into company - Intel stock down as White House recommends firing CEO - Intel Stock up after CEO meeting with Trump in White House Apple - Best week since July 2020 - Apple shares rose 13% this week, its largest weekly gain in more than five years, after CEO Tim Apple appeared with President Donald Trump in the White House on Wed...

On today's show we are looking at the integrity of economic data. This has been making headlines with the President firing the head of the bureau of labor and statistics and installing a longtime critic of the BLS to head the agency. The BLS has received a lot of questions and criticism for their data collection methods.The world seems up in arms that the President is going to interfere with how economic data is collected and reported. On today's show we are going to take a walk through history to look at how economic data and employment data is collected and reported and the numerous changes that have taken place under various administrations since the 1940's. The BLS and the BEA claim to have no political affiliation and therefore they are independent from the administration. Let's look and see at what history tells us, and maybe you will agree with that sentiment, and maybe you won't. The collection and dissemination of these statistics are primarily the responsibility of two independent federal agencies: the Bureau of Labor Statistics (BLS) and the Bureau of Economic Analysis (BEA). The BLS, which was first established in 1884, is responsible for producing data on employment, prices, and productivity, while the BEA's mission is to provide a comprehensive picture of the U.S. economy through its national accounts, including Gross Domestic Product (GDP).-------------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)   iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)   Website: [www.victorjm.com](http://www.victorjm.com)   LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)   YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)   Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)   Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)  **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)   Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)   Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)  

Navigate the shifting landscape of today's economy in this episode of the Money Matters Podcast with Wes Moss and Jeff Lloyd. Get clear, timely conversations on the trends, policies, and market forces shaping your wallet, your investments, and your financial decisions—without the noise or jargon. • Examine how signs of a cooling job market could influence interest rates and financial planning considerations. • Review the ongoing reliability of Bureau of Labor Statistics (BLS) job reports, noting that while methodologies can evolve, the agency remains a trusted source for employment data. • Explore the rapid expansion of gig and part-time work and how it challenges long-standing measures of labor market health. • Track how labor market changes ripple through inflation, wage trends, and the Federal Reserve's approach to interest rates. • Unpack the implications of new global tariffs, including exemptions benefiting U.S.-based manufacturing, and why companies like Apple may be committing major investments domestically. • Discuss how a more balanced labor market could ease wage inflation pressures and influence future Fed decisions on rate adjustments. • Analyze the growing role of artificial intelligence and automation in reshaping entry-level job opportunities and long-term career paths. • Review recent shifts in mortgage rates, including recent declines, and how they may impact affordability for buyers and homeowners. • Compare unemployment rates between the broader workforce and recent college graduates entering the job market. • Highlight how college tuition growth continues to outpace general inflation, reinforcing the importance of planning ahead for education expenses. • Identify key financial milestones—such as paying off a mortgage or funding a child's education—that may signal greater financial readiness for retirement. • Reaffirm the value of multi-asset class income investing and how diversified, steadily growing income streams can possibly help maintain purchasing power over time. Press play and get the context you need to approach your financial journey with clarity. Listen and subscribe to the Money Matters Podcast today so you never miss a conversation that matters.

President Trump fired the commissioner of the Bureau of Labor Statistics (BLS), Erika McEntarfer, after the organization released its July jobs report. Trump claimed that several reports under  McEntarfer had been manufactured to hurt him and his economic agenda. But will the firestorm around the jobs report hurt the credibility of the next commissioner?A pair of House members have called out their respective parties in the last week. Republican Marjorie Taylor Greene and Democrat Sarah McBride shared their critiques on how the parties were spurning voters. Will anyone else in Congress listen?It may be hard to believe, but journalists mess up too. KCRW responds to a listener's comment calling out a critical mistake as we continue to discuss ways to restore journalistic credibility.

-- On the Show: -- Dan Koh, host of The People's Cabinet, fills in for David. Subscribe to Dan's YouTube channel at http://www.youtube.com/@ThePeoplesCabinet -- Kevin Hassett, Trump's Director of the National Economic Council, falsely claims the Bureau of Labor Statistics (BLS) "rigged" jobs numbers for Obama -- Trump launched a racist tirade during a CNBC interview, using coded language like “inner cities” to refer to Black communities -- A new UMass Amherst poll shows Trump's approval ratings are plummeting, with 58% of Americans disapproving of his job performance -- Trump is bleeding support from men, especially younger and independent voters -- Trump claims he had no idea about Ghislaine Maxwell being moved to a different prison -- New progressive messaging from voices like Zohran Mamdani and Elizabeth Warren is finally breaking through -- A bombshell Washington Post report reveals FEMA staff are being redirected to help with ICE deportation efforts -- On the Bonus Show: Trump's erratic Truth Social posts, Alina Habba's nonsense exposed, RFK Jr. goes after vaccines, and much more... ☕ Trade Coffee: Code PAKMAN10 saves you $10 at https://drinktrade.com/pakman

This week, we're sounding the alarm on a story that hasn't gotten nearly enough attention but could have major consequences for your paycheck, retirement, taxes, and future. Jean sits down with HerMoney favorite and leading labor economist Kathryn Edwards to unpack the recent firing of the Bureau of Labor Statistics (BLS) chief and why it could undermine the very data we rely on to understand inflation, jobs, and the strength of our economy. Also in this episode:

Donald Trump has doubled India's tariff rate to 50% to punish it for buying oil from Russia. Markets are also wary of imminent Trump announcements on replacing key people at the Fed and the Bureau of Labor Statistics (BLS). Before accessing this podcast, please read the disclaimer at https://www.anz.com/institutional/five-in-five-podcast/

Meet my friends, Clay Travis and Buck Sexton! If you love Verdict, the Clay Travis and Buck Sexton Show might also be in your audio wheelhouse. Politics, news analysis, and some pop culture and comedy thrown in too. Here’s a sample episode recapping four Tuesday takeaways. Give the guys a listen and then follow and subscribe wherever you get your podcasts. Obama Won't Be Indicted Deep dive into the explosive developments surrounding the Russia collusion investigation, now reignited by a grand jury probe into Obama-era officials. This hour centers on the Department of Justice's referral and the legal implications of potential indictments stemming from what the hosts describe as a decade-long political conspiracy aimed at undermining President Donald Trump and the MAGA movement. Clay and Buck analyze the statute of limitations, the legal viability of conspiracy charges, and the strategic importance of grand jury venue selection—highlighting the difference between a DC-based jury, which they argue is politically biased, and a South Florida jury, which could offer a more neutral ground. They reference insights from Miranda Devine, who suggests that continued cover-ups may extend the legal window for prosecution. Eye for an Eye? The political ramifications of pursuing charges, even if convictions are unlikely. The hosts debate whether the Republican legal strategy should mirror the aggressive tactics used by Democrats, emphasizing the concept that “the process is the punishment.” They caution listeners to temper expectations, noting that presidential immunity likely shields Barack Obama from criminal liability, despite public frustration. Listeners from across the country, including law enforcement veterans and legal experts, call in to share perspectives on perjury, RICO, and wire fraud, with many expressing skepticism about the likelihood of successful prosecutions. The show underscores the importance of a public reckoning, even if legal outcomes fall short, and stresses the need for political accountability. Trump Happened The Trump administration’s economic trajectory, AI-driven investment optimism, and ongoing legal and political battles, all framed within the broader context of media bias, historical accountability, and public trust in institutions. The segment opens with a strong endorsement of the Trump 2.0 economy, highlighting early signs of growth and the administration’s push for 100% expensing, which is projected to supercharge business investment. Clay and Buck explore the Bureau of Labor Statistics (BLS) data integrity, citing declining response rates and questioning the reliability of monthly job reports. This leads to a broader discussion on economic indicators, Federal Reserve policy, and the anticipated housing market thaw. A major theme is the AI revolution, with comparisons to the railroad boom of the 1880s. The hosts emphasize that AI investment has already surpassed the dot-com era, positioning it as a transformative force in American industry and productivity. Everything is the Holocaust Texas State Rep. Jolanda Jones, who fled the state to Illinois, compares redistricting to the Holocaust, which Clay and Buck critique as historically ignorant and hyperbolic. The segment also includes commentary on fashion choices, Kamala Harris, and media narratives, blending serious political discourse with light-hearted banter. Make sure you never miss a second of the show by subscribing to the Clay Travis & Buck Sexton show podcast wherever you get your podcasts! ihr.fm/3InlkL8 For the latest updates from Clay and Buck: https://www.clayandbuck.com/ Connect with Clay Travis and Buck Sexton on Social Media: X - https://x.com/clayandbuck FB - https://www.facebook.com/ClayandBuck/ IG - https://www.instagram.com/clayandbuck/ YouTube - https://www.youtube.com/c/clayandbuck Rumble - https://rumble.com/c/ClayandBuck TikTok - https://www.tiktok.com/@clayandbuck YouTube: https://www.youtube.com/@VerdictwithTedCruzSee omnystudio.com/listener for privacy information.

On Friday, President Donald Trump fired the commissioner of labor statistics for the Bureau of Labor Statistics (BLS), Erika McEntarfer, after the agency released a lower-than-expected July jobs report and revised May's and June's numbers downwards. The BLS reported that nonfarm payrolls increased by 73,000 in July, below Dow Jones's estimated gain of 100,000 jobs.Tangle LIVE tickets are available!We're excited to announce that our third installment of Tangle Live will be held on October 24, 2025, at the Irvine Barclay Theatre in Irvine, California. If you're in the area (or want to make the trip), we'd love to have you join Isaac and the team for a night of spirited discussion, live Q&A, and opportunities to meet the team in person. You can read more about the event and purchase tickets here.Ad-free podcasts are here!To listen to this podcast ad-free, and to enjoy our subscriber only premium content, go to ReadTangle.com to sign up!You can read today's podcast⁠ ⁠⁠here⁠⁠⁠, our “Under the Radar” story ⁠here and today's “Have a nice day” story ⁠here⁠.Take the survey: How do you think the economy is faring? Let us know!Disagree? That's okay. My opinion is just one of many. Write in and let us know why, and we'll consider publishing your feedback.You can subscribe to Tangle by clicking here or drop something in our tip jar by clicking here. Our Executive Editor and Founder is Isaac Saul. Our Executive Producer is Jon Lall.This podcast was written by: Ari Weitzman & Will Kaback and edited and engineered by Dewey Thomas. Music for the podcast was produced by Diet 75.Our newsletter is edited by Managing Editor Ari Weitzman, Senior Editor Will Kaback, Lindsey Knuth, Kendall White, Bailey Saul, and Audrey Moorehead. Hosted on Acast. See acast.com/privacy for more information.

Nossos sócios Luiz Eduardo Portella, Sarah Campos e Yara Cordeiro debatem, no episódio de hoje, os principais acontecimentos da semana no Brasil e no mundo. No cenário internacional, o destaque foi a decisão do Fed, que manteve os juros inalterados, como esperado. O Powell adotou tom um pouco mais hawk na conferência de imprensa, evitando sinalizar corte em setembro e reforçando a necessidade de observar os próximos dados de inflação e emprego. O payroll decepcionou, principalmente por conta das expressivas revisões baixistas dos dois meses anteriores. O ISM de manufaturas veio fraco, com destaque negativo para o componente de emprego; e o PIB do 2º trimestre trouxe headline forte, apesar da demanda doméstica fraca. A tensão com o Bureau of Labor Statistics (BLS) aumentou após críticas e demissão da líder de estatística por parte de Trump, que também indicará novo nome ao board do Fed após o anúncio de saída da dirigente Adriana Kugler. No Brasil, o Copom manteve a Selic em 15% e reforçou a necessidade de cautela, com possibilidade de retomada do ciclo de alta caso seja necessário. O mercado de trabalho seguiu robusto em junho. Em contrapartida, os indicadores de confiança (julho) e a produção industrial (junho) mostraram sinais de fraqueza, reforçando desaceleração da atividade. No campo comercial, o governo americano excluiu parte dos produtos brasileiros da tarifa adicional de 40%, postergando a vigência da medida para 07/08. O governo brasileiro segue indicando tentativa de negociação, mas já prepara pacote de ajuda aos setores mais afetados. Por fim, foi oficializada a sanção do ministro Alexandre de Moraes sob a Lei Magnitsky. Nos EUA, os juros fecharam (vértice de 1 ano -25 bps), e as bolsas recuaram – S&P 500 -2,36%, Nasdaq -2,19% e Russell 2000 -4,17%. O dólar (DXY) subiu 1,07%. No Brasil, os juros também fecharam (jan/31 -11 bps), o Ibovespa caiu 0,81% e o real subiu 0,40%. Na próxima semana, destaque para ata do Copom, Caged, e manifestações políticas no Brasil e, nos EUA, dados de atividade (ISM de serviços) e eventuais novas indicações de tarifas. Não deixe de conferir!

In recent weeks, President Donald Trump has escalated his criticisms of Federal Reserve Chair Jerome Powell over Powell's decision to maintain interest rates at current levels. The comments follow reports that Trump is considering removing Powell from his position, and Treasury Secretary Scott Bessent said that the administration has begun vetting replacement candidates. Separately, on Tuesday, the Bureau of Labor Statistics (BLS) released its monthly Consumer Price Index (CPI) report, which showed prices rising faster than in May. The report added to existing concerns from economists and lawmakers that President Trump's tariffs would be inflationary, a possibility that Powell has cited as his rationale for holding off on cutting the Fed's interest rate.Ad-free podcasts are here!Many listeners have been asking for an ad-free version of this podcast that they could subscribe to — and we finally launched it. You can go to ReadTangle.com to sign up!You can read today's podcast⁠ ⁠⁠here⁠⁠⁠, our “Under the Radar” story ⁠here and today's “Have a nice day” story ⁠here⁠.Take the survey: What do you think about cutting rates or removing Powell as Fed chair? Let us know!Disagree? That's okay. My opinion is just one of many. Write in and let us know why, and we'll consider publishing your feedback.You can subscribe to Tangle by clicking here or drop something in our tip jar by clicking here. Our Executive Editor and Founder is Isaac Saul. Our Executive Producer is Jon Lall.This podcast was written by: Isaac Saul and edited and engineered by Dewey Thomas. Music for the podcast was produced by Diet 75.Our newsletter is edited by Managing Editor Ari Weitzman, Senior Editor Will Kaback, Hunter Casperson, Kendall White, Bailey Saul, and Audrey Moorehead. Hosted on Acast. See acast.com/privacy for more information.

Feeling financially stuck despite making a good income? Tim Ulbrich, PharmD, unpacks three common reasons pharmacists hit a financial plateau and how to reframe your thinking about money, income, and possibility. Episode Summary Do you ever feel like, despite making a good income, you should be further along financially? You've got the degree, the stable job, the six-figure salary…but you're not making the progress you hoped for. You feel stuck, and you're wondering why. In this episode of the Your Financial Pharmacist Podcast, YFP Co-Founder & CEO Tim Ulbrich, PharmD, explores three common reasons many pharmacists feel financially stuck, even with a strong income: A fixed mindset that limits your financial potential A fixed income that hasn't kept up with inflation or your goals Fixed costs that quietly chip away at your freedom and options This isn't just a conversation about budgeting or side hustles. It's about changing how we think about money, income, and what's possible. Whether you're early in your career or feeling stuck mid-way through, this episode will help you gain clarity and take actionable steps toward financial progress. Mentioned on the Show The Big Leap by Gay Hendricks YFP 384: Beyond Salary: Negotiating Your Value in the Workplace Bureau of Labor Statistics (BLS), Pharmacists Book a Discovery Call with the YFP Team

President Donald Trump secured a $600 billion commitment from Saudi Arabia on Tuesday to invest in the United States after the oil power accorded him a gala welcome at the start of a tour of Gulf states. The U.S. agreed to sell Saudi Arabia an arms package worth nearly $142 billion, according to a White House fact sheet that called it "the largest defense cooperation agreement" Washington has ever done.The U.S. annual inflation rate eased to its lowest level in more than four years, as President Donald Trump's tariffs started stretching throughout the U.S. economy. According to the Bureau of Labor Statistics (BLS), the annual inflation rate declined to 2.3 percent in April, from 2.4 percent in March. This represented the third consecutive monthly slowdown and the lowest reading since February 2021.UnitedHealth Group on Tuesday suspended its 2025 forecast, just weeks after lowering its outlook, and announced the surprise exit of CEO Andrew Witty, sending its shares down 8 percent premarket. Stephen Hemsley, who served as CEO from 2006–2017, will take over from Witty. The announcement also pulled down shares of other health insurers such as Humana, CVS, and Elevance between 1 percent and 3 percent.

Thrown into the fire — that is how Jeanne Rankin learned, and it’s how she’s developing her athletes and interns at Coastal Carolina University. Rankin reveals how trust is what drives buy-in, performance, and success; without it, even the best program is just a piece of paper. She breaks down some of strength and conditioning’s toughest realities — long hours, relentless demands, and work-life challenges — which require strategic approaches across career stages. A process-oriented coach, Rankin shares practical strategies for setting boundaries, maximizing efficiency, and avoiding burnout when 70-hr workweeks are common. She also delivers real-world insights on career longevity, professional growth, and adapting to an evolving industry. With salary conversations, career sustainability, and the future of collegiate strength and conditioning on the table, Rankin brings an unfiltered, solutions-driven perspective. Whether you are just starting out or an experienced professional, this episode delivers straight talk on what it takes to succeed long-term. Connect with Jeanne on Instagram: @thegingerguns or by email at: jrankin@coastal.edu | Find Eric on Instagram: @ericmcmahoncscs and LinkedIn: @ericmcmahoncscs   Check out the 2022 NSCA Salary Survey discussed in this episode and watch for 2025 NSCA Salary Survey results coming soon. Additionally, find actionable strategies to support a raise request in the NSCA’s new article, “How to Ask for a Raise in Strength & Conditioning.” Read the NSCA’s proposal to the United States Bureau of Labor Statistics (BLS) to recognize “strength and conditioning coach” as a detailed occupation in their classification system.Show Notes“If you've got a coach who's really bought into what you're doing. You're going to run through a wall not just for yourself, but for them too, because you know that they're doing a good job leading the way.” 9:45 “It's OK to make mistakes. I want it to be an environment where you can make mistakes. So just kind of taking in all the experiences that people give you, I think, is very important for younger strength coaches, learning from mistakes.” 14:30 “My biggest job is, sure, I want you to get better as an athlete, but I want you to be a person who's ready to go into whatever line of work you want to and to help you develop into a better person and human being that's going to make this world a better place.” 24:35

The Canadian government has announced retaliatory tariffs after universal U.S. tariffs on steel and aluminum came into force on March 12. Canada's measures will be implemented on March 13 and target CA$29.8 billion in U.S. goods. The European Union also announced retaliatory trade action with new duties on U.S. industrial and farm products.U.S. inflation slowed last month for the first time since September. According to the Bureau of Labor Statistics (BLS), the annual inflation rate slowed to 2.8 percent in February, down from 3 percent in January.President Donald Trump meets with Irish Prime Minister Micheal Martin on Wednesday, with Trump's trade policies and the conflict in Gaza among the potential topics of conversation. The annual White House meeting to mark St. Patrick's Day is usually a relatively straightforward affair for both the United States and Ireland. The Irish premier typically presents the president with a bowl of shamrocks as a symbolic gift, a tradition that will be observed during this visit.

The U.S. labor market added 151,000 jobs on a seasonally adjusted basis in February according to last week's report by the Bureau of Labor Statistics (BLS). While the number was roughly 20,000 to 30,000 jobs below economists' expectations, it was stronger than the 125,000 jobs added in January.Other macro indicators, such as a tight unemployment rate of 4.1% and strong annual wage growth at 4.0%, were steady from prior reports.If the job growth, unemployment rate, and wage growth numbers hold throughout the year, they would create significant demand for housing...Explore our webpage for more insights and resources:https://bit.ly/Radix_Website

Erica Groshen, former Commissioner of the U.S. Bureau of Labor Statistics (BLS) uses the acronym AORTA to characterize good data; Accurate, Objective, Relevant, Trustworthy, and Accessible. This is apt since good data are the lifeblood of economic decision-making. But what happens if statistics are compromised by reduced staffing and resources, or by politically motivated manipulation? Erica joins EconoFact Chats to discuss the history and the role of the BLS, the importance of good data for decision-making by government, businesses, and families, and her concerns about political interference degrading the integrity of government statistics. Erica served as the Commissioner of the U.S. Bureau of Labor Statistics from 2013 to 2017. She is currently Senior Economics Advisor at the Cornell School of Industrial and Labor Relations, and a Research Fellow at the Upjohn Institute.

Culminating in a 2024 report, the Levy Institute (Zacharias, Rios-Avila, Folbre, and Masterson) conducted research commissioned by the Bureau of Labor Statistics (BLS) to develop a methodology to integrate home production (unpaid household labor like cooking, cleaning, and caring for children) into the BLS measure of household consumption. Senior Scholar Ajit Zacharias and Research Associate İpek Ilkkaracan sit down to discuss this research and its potential applications in the US and abroad.  Applications for the Levy Institute Graduate Programs in Economic Theory and Policy are open. For more information and to start your application, please visit: https://www.bard.edu/levygrad/. The deadline to apply is April 15, 2025. Further reading:  Integrating Nonmarket Consumption into the Bureau of Labor Statistics Consumer Expenditure Survey, by A. Zacharias, F. Rios-Avila, N. Folbre, and T. Masterson  

Job growth to slow in 2025, but remain positiveThis week's economic analysis will focus on the results of the quarterly survey of economists byThe Wall Street Journal, which includes aggregated forecasts of more than 70 economists.The report, which was released last weekend, showed the chance of a recession was just 22% for2025, the lowest since January 2022. The average projection for job growth was approximately 1.6 million for 2025, down from roughly 2.2 million jobs in 2024 based on recent data from theBureau of Labor Statistics (BLS). The supply of available labor is expected to remain tight with an expected unemployment rate of 4.3%. Growth in the labor force continues to be a limiting factor for job growth. For multifamily operations, the good news is the potential of slowing job growth coincides with a certain slowdown in new multifamily deliveries, which should reduce the effects of supply and demand getting out of balance...Explore our webpage for more insights and resources:https://bit.ly/Radix_Website

(AURN News) — In President Joe Biden's final full month in office, inflation showed an uptick according to federal data, just days before President-elect Donald Trump's inauguration as the nation's 47th president. The Bureau of Labor Statistics reported Wednesday that the Consumer Price Index rose 0.4 percent in December, following a 0.3 percent increase in November. The overall inflation rate stands at 2.9 percent. Several key sectors saw price increases over the past year. Food costs rose 2.5 percent, while electricity prices increased 2.8 percent over the 12-month period. Shelter costs showed a significant jump of 4.6 percent, and transportation services recorded a 7.3 percent increase over the year. December's report also indicated price increases in housing, airline fares, used cars and trucks, motor vehicle insurance, and medical care, according to the Bureau of Labor Statistics (BLS). However, some categories saw decreases, including personal care, communication, and alcohol. House Ways and Means Committee Chairman Jason Smith criticized the economic data in a statement: "President Trump is inheriting an economy from President Biden where inflation still threatens families' savings and prices are still sky high. President Trump's policies are the right ones to help working families and January 20th can't come soon enough." The data comes as Biden prepares to hand over the presidency to Trump next Monday. Learn more about your ad choices. Visit megaphone.fm/adchoices

Job growth closes 2024 unexpectedly strongThe U.S. labor market added 256,000 jobs on a seasonally adjusted basis in December according to last week's report by the Bureau of Labor Statistics (BLS). The growth was much stronger than the roughly 150,000 jobs expected by economists. The unemployment rate remained low at 4.1%.On one hand, it is a great sign to see robust job gains, especially for those that have been unemployed for a significant time. It is also beneficial for multifamily because job growth contributes to household demand.The downside is the continued strength might also delay further interest rate cuts by the Fed in the near term, which can cause other ripple effects. The S&P 500 and Dow Jones Industrial Average both trended lower after the release of the jobs report.Explore our webpage for more insights and resources:https://bit.ly/Radix_Website

U.S. Annual Effective Rent Growth Turns PositiveThe Bureau of Labor Statistics (BLS) will release its final national jobs report this Friday. In all, the labor market was much stronger in 2024 than many economists predicted. The final report should show roughly 2 million jobs were added last year, and the unemployment rate hovered in the low 4% range.Economists will be anticipating upcoming releases in February and March when the BLS provides its annual revisions to job growth for the U.S. and metropolitan areas. Based on initial estimates announced last summer, there could be some significant revisions to the previous totals, and the new numbers could reshape forecasts for operational performance for multifamily by some degree.While elevated supply totals had a major impact in 2024, the BLS's revisions could help explain why some markets underperformed in a year when so many jobs were supposedly added...Read more: http://radix.com/raot-reports/ 

As we approach the end of 2024, I want to share an optimistic perspective on the future. The trucking and logistics industry is thriving and appears to be on track for a record year in 2025. If you need statistical support, I have that available.   According to the American Trucking Association, the freight and logistics industry in the United States is substantial and expanding. The GDP for the transportation sector reached $738.5 billion in Q4 2023. Preliminary figures indicate that the nation's trucking freight bill totaled $987 billion in gross freight revenues for primary shipments in 2023.   **International Trucking:** - Trucks transported 66.5% of the value of surface trade between the U.S. and Canada in 2023. - Trucks transported 84.5% of the value of surface trade between the U.S. and Mexico in 2023.   **Employment:** - In 2023, 8.5 million people were employed in jobs related to trucking activity across the economy, excluding the self-employed. - There were 3.55 million truck drivers employed in 2023, reflecting an increase of 0.3% from 2022.   The Bureau of Labor Statistics (BLS) projects that employment for logisticians will grow by 19% from 2023 to 2033, which is much faster than the average for all occupations.   Haittam Greib, the CEO and founder of Prestige Worldwide Logistics, has led the company to recognition by INC Nationals and Regionals as one of the fastest-growing companies. Trusted to transport over one million shipments per year, Prestige Worldwide Logistics (PWL) addresses the freight management needs of small, medium, and enterprise-level organizations. Based in Detroit, Michigan, PWL is a non-asset-based third-party logistics provider that offers solutions in LTL, partial and full truckload, intermodal, expedited, and drayage transportation.   PWL partners with an integrated network of over 20,000 carriers, utilizes proprietary Transportation Management Systems (TMS) technology, and connects customers with experienced service professionals. The company is committed to simplifying the shipping and distribution processes for businesses across the United States and Canada.   As an entrepreneurial leader and logistics expert, I launched Metro Creations at the age of 21, providing print and online marketing services to small businesses. At 25, I founded Prestige Worldwide Logistics (PWL) in 2011. Despite various challenges, PWL evolved from a freight brokerage into a full-service third-party logistics (3PL) provider, securing contracts with major clients, including government entities and leaders in the automotive and aerospace sectors.   In 2015, I initiated UFR8 to tackle driver shortages with proprietary technology. Our commitment to excellence was recognized when we secured our first government contract, managing transportation for military bases. We later partnered with NEXCOM to handle supply chain logistics for top brands.   Today, I aim to inspire and empower my team in the logistics industry. We seek to expand into multiple sectors, leveraging our experience to provide unmatched transportation services. With a focus on adaptability, innovation, and personalized service, PWL is dedicated to being a single point of contact for all transportation needs.     For more information: https://www.shippwl.com/ Email: haittam@shippwl.com Call: (248) 707-1991 

According to the U.S. Bureau of Labor Statistics (BLS), the failure rates for new businesses in the United States are as follows:  ·         First two years: About 20% of new businesses fail.  ·         First five years: About 45% of new businesses fail.  ·         First ten years: About 65% of new businesses fail.  ·         Fifteen years: or more: Only about 25% of new businesses survive.    Meanwhile, The Economist reports that only 8% of companies manage to scale. The secret to their success lies in the leadership. Businesses flourish when their leaders adopt a mindset of lifelong learning and do not allow preconceived notions to disrupt business dynamics. These leaders develop the right habits to keep their businesses agile in fluctuating environments. Since an enterprise reflects its leaders, other stakeholders also adopt these positive habits, which is a key differentiator for successful companies.    Anthony Franco is a serial entrepreneur known for launching, scaling, and selling businesses, and he is now on a mission to help other founders achieve similar success. As the host of his podcast, "How To Founder," he and his co-host provide twice-weekly deep dives and practical advice on the challenges faced by founders. With seven companies launched and six successful exits—including two to public companies—Anthony offers seasoned insights across various sectors, including Tech, AI, Consumer Goods, Services, and Manufacturing. Join us as we explore the real tactics that transform big ideas into lasting success.    For more information: https://www.howtofounder.com/  LinkedIn: @AnthonyFranco   

This is a weekly narration of our Rent and Operating Trends ReportU.S. Job Growth Slowed Significantly in OctoberBased on last week's report from the Bureau of Labor Statistics (BLS), the U.S. labor market added 12,000 jobs in October. It was the lowest monthly total since December 2020, but sluggish growth was expected due to some special circumstances.Impacts from the hurricanes, a strike by Boeing workers, and a shorter collection period of employer data all contributed to the lower reading. There is a chance November shows a bounce back as those trends normalize.The other pessimistic note in the report is that job gains for the prior two months were revised down by a combined 112,000 jobs.Interestingly, ADP's estimate of job gain was incredibly strong at 233,000 for October. The Overall Economy Remains Very StrongWhile last week's labor market report was subpar, the Bureau of Economic Analysis reported GDP growth of 2.8% for the third quarter. While the rate was slightly below last quarter's growth of 3.0%, it still suggests the economy is robust.The number was boosted by consumer spending, exports, and federal government spending. A decrease in housing investment was partially to blame for GDP underperforming the prior quarter's growth. Will the Fed Cut Rates Again this Week?It is widely expected that the Fed will cut interest rates by 25 basis points on Thursday. Annual growth for the all-items consumer price index slowed to 2.4% in September, the lowest in more than three years, and it was similar to inflation before the pandemic.Lower interest rates can help keep consumer spending at a strong rate and allow businesses to invest more in hiring and equipment upgrades.If the Fed does not lower interest rates this week, the committee will have another opportunity before the end of the year. Its next regularly scheduled meeting is on December 17-18. Multifamily HighlightsOperational metrics barely budged from the prior week, which is a good sign during a seasonally slow period. That is especially true for metrics like occupancy rate and traffic which have been at their lowest levels in the past few years. In addition to the amount of supply being delivered, slower job growth has likely weighed on performance as well.Rent growth did not experience as big of a decline in October this year compared to 2023. At the national level, effective rents declined 46 basis points in October this year compared to a 133 point drop last year. On an annual basis, rents are still down 0.2% from a year ago, but that metric is poised to turn positive.Explore our webpage for more insights and resources:https://bit.ly/Radix_Website

This is a narration of our weekly Rent and operating Trends Report.Top Metros for Job GrowthLast week, the Bureau of Labor Statistics (BLS) released its monthly report on metro-level job growth. It is one of the most important indicators of multifamily demand because new jobs tend to create new households, and a portion of them will move into apartments. On a seasonally adjusted basis, New York and Los Angeles added 164,000 and 91,000 jobs in the last year, respectively. Dallas, Houston, and Miami were next on the list, adding between 56,000 and 79,000 jobs in the past 12 months.Charleston's annual job growth of 3.7% was the strongest relative change out of the 45 markets published by Radix. Wilmington and San Antonio each had annual job growth of 2.6%. Based on the report, Minneapolis and Portland have lost approximately 5,500 and 8,000 jobs, respectively, but Radix data indicates demand for apartments has remained strong. Both have positive annual rent growth and occupancy rates above 94.4%. It will be worth watching whether the numbers are ultimately revised.  Job Creation Compared to New Supply To put jobs data into context, real estate economists will often compare the number of jobs created in a market relative to the of new housing units being constructed.As of the latest estimates, New York, Los Angeles, and Charleston have created approximately five times as many jobs in the last year compared to the number of new multifamily units delivered. While each metro area has a different long-term average for the number due to a variety of factors, a five-to-one ratio is considered very favorable for operators to absorb the new supply delivered to the market. Markets such as Phoenix, Atlanta, and Raleigh are only adding approximately two jobs compared to each new apartment unit delivered, suggesting that operations will be more challenging. Factoring in single-family construction in those markets further dilutes the demand.As new supply slows, those ratios will improve if the labor market remains steady.Final Jobs Report before U.S. Presidential ElectionThe national jobs report for October will be released by the BLS this Friday, November 1. It will be delivered just days before the presidential election, and it could have mixed signals on the strength of the labor market due to recent events. For its “First Friday” report on the national labor market, the BLS surveys employers based on the pay period that includes the 12th of the month. It's worth noting that hurricanes Helene and Milton made landfall on September 26 and October 10, respectively. Unemployment insurance claims spiked in states affected by the hurricanes during the first half of October. As an example, North Carolina reported 11,655 initial unemployment insurance claims the week ending October 5, and another 9,290 initial claims for the week of the 12th. A year earlier it was closer to 3,600 claims per week. In just that one state, more than 13,000 people lost their jobs in a two week span compared to more normal period. Additionally, roughly 33,000 machinists at Boeing have been on strike since September 14. Those are some of the factors that could lead to a more pessimistic report after the very strong reading of 254,000 jobs created the previous month. Explore our webpage for more insights and resources:https://bit.ly/Radix_Webiste

This is a narration of our weekly Rent and Operating Trends Report.Jobs Report Much Stronger Than ExpectationsThe U.S. economy added 254,000 jobs in September according to the Bureau of Labor Statistics(BLS), which was roughly 100,000 more jobs than expected. Additionally, the preliminary results for July and August were revised upward by a combined 72,000 jobs, suggesting the labor market remains strong. Job growth is one of the most important factors to multifamily demand because it helps spur new household formation. Combined with declining supply levels in many locations, multifamily fundamentals are trending in the right direction for more balanced operational results in 2025. While the numbers released last week are favorable, recent labor market reports have faced much criticism related to their accuracy due to repeated downward revisions in subsequent publications. That said, current multifamily rent growth and occupancy rates suggest supply and demand have found equilibrium in many markets.  Wages are Up and Unemployment is DownThe BLS also reported average annual wage growth in the U.S. increased to 4.0% in September. It had decelerated to 3.6% in July before increasing the past two months. Based on Radix data, the last time national rent growth exceeded wage growth was in September 2022. The unemployment rate decreased slightly to 4.1%. The trend suggested many people impacted by layoffs have been able to find new work, but hiring remained very concentrated in just a handful of industries. Approximately 73% of new jobs created in September were in healthcare, social assistance, government, construction, restaurants, and bars. Job seekers in other industries likely feel like the labor market is weaker than headline reports. Goldman Sachs Lowers the Probability of a RecessionAccording to a report by CNBC, Goldman Sachs has lowered the chance of a near-term recession to 15%. To put it into perspective, that number is considered the baseline probability for any “normal” period. Last week's strong labor market report was noted as one of the factors playing a role in the optimistic outlook. Other positive economic news during the last month included lower growth in inflation, better-than-expected consumer spending, and the Fed lowering interest rates. Multifamily HighlightsOperational performance in the first week of October showed no material differences than prior weeks, outside of typical seasonal slowing. Traffic and occupancy rates remained down from last year, but the week-to-week changes were minor. Annual rent growth remained negative at -0.5% at the U.S. level. Steady job growth should result in a typical fourth quarter for performance for multifamily, especially in markets where supply is slowing. If that happens, more markets will show positive rent growth and improved occupancy rates in 2025.Explore our webpage for more insights and resources:https://bit.ly/Radix_Website

Wendy Martinez has been serving as the Director of the Mathematical Statistics Research Center at the Bureau of Labor Statistics (BLS) for six years. Prior to this, she served in several research positions throughout the Department of Defense. She held the position of Science and Technology Program Officer at the Office of Naval Research, where she established a research portfolio comprised of academia and industry performers developing data science products for the future Navy and Marine Corps. She was honored by the American Statistical Association when she received the ASA Founders Award at the JSM 2017 conference. Wendy is also proud and grateful to have been elected as the 2020 ASA President.

This is a narration of our weekly Rent and Operating Trends Report.U.S. Economy Stronger than Initially ReportedGDP for the second quarter was revised upward last week by the U.S. Bureau of Economic Analysis. The initial report of 2.8% was already stronger than economists expected, and last week's new estimate of 3.0% suggests the economy is still in good shape despite a cooling labor market.The stronger growth was boosted by consumer spending, but there were downward revisions to other components such as business investment.  Latest Inflation Reading Supports Interest Rate CutThe personal consumptions expenditures price index (PCE) increased 2.5% from a year ago in July, or 2.6% excluding food and energy prices (core). Both rates were equal to June's growth.The core PCE growth is the Fed's preferred measure of long-run inflation, and it is widely believed the reading further supports an interest rate cut later this month. It is believed lower interest rates would give a boost to the labor market, which would ultimately benefit the multifamily performance.  BLS Releases 10-Year Employment ProjectionsJob growth is forecasted to be more moderate the next decade based on a forecast released by the U.S. Bureau of Labor Statistics (BLS) last week. From 2023 to 2033, U.S. employment is projected to increase by 6.7 million jobs, or an average of 0.4% per year. For comparison, annual average job growth was 1.3% from 2013-2023 even with the disruption from the pandemic.Job creation will be constrained due to weaker growth in the labor force as more people in the baby boomer generation retire. Job growth is one of the strongest demand drivers for multifamily, and the projected slowdown will almost certainly impact the number of renter households created.Healthcare and social assistance is projected as the top industry for hiring. Given the demands ofan aging population, nurse practitioners and physician assistants will have some of the largest job growth. Computer tech occupations are expected to have the second highest growth, driven by jobs in AI, cyber security, and computer services. Annual Rent Growth Turns Positive for More MarketsMultifamily performance was consistent with recent reports. Rent growth took another small step towards nationwide stabilization. Effective rents were down just 0.8% from the prior year, and several markets were on the cusp of positive rent growth territory. Traffic remained off pace from last year's level, but the U.S. occupancy rate was just under 93.9% at the beginning of September.Explore our webpage for more insights and resources:https://bit.ly/Radix_Website

Join Jim and Greg as they discuss the third night of the Democratic National Convention and more. They comment on Bill Clinton's decline, the fictional Tim Walz highlighted at the DNC vs. the one with a real & disturbing record as governor, the Dems projecting the fantasy that they are the party of freedom, and Biden's commerce secretary giving a bizarre reaction to a lousy jobs report.First, after commenting on Clinton's speech that was underwhelming and way too long, they dissect the "strikingly shameless" portrayal of Tim Walz as an everyman and good neighbor instead of the far left politician who coddled rioters, threatened anyone reluctant to take a Covid vaccine, added a Covid snitch line, and has had a cozy relationship with China for decades.Next, they shake their heads as Democrat after Democrat pretended that they are the party of freedom and that Republicans are the party of federal intrusion into our lives. And yet, there's only a couple of "freedoms" that they really care about and got repeated over and over Wednesday night.Finally, they laugh as Commerce Secretary Gina Raimondo accuses Donald Trump of issuing the Bureau of Labor Statistics (BLS) report showing the government overestimated the number of jobs created over the past year by 818,000. When confronted with the truth, Raimondo claimed she was not aware of the report.

This is a narration of our weekly Rent and Operating Trends Report.A softer-than-expected U.S. jobs report last Friday sent shockwaves through the investment world at the beginning of this week. At time of publication, all three major U.S. stock indexes were down more than 2.5% as the selloffs that started in Japan spread to other parts of the globe.The movements followed one of the weakest jobs reports in the past few years, coupled with the Fed's decision to leave interest rates unchanged during last week's FOMC meeting. There is growing speculation that the Fed could make an off-cycle rate cut since the next meeting is not scheduled until September 17-18, but other executives and analysts suggest patience is needed.In terms of the latest jobs report, the Bureau of Labor Statistics (BLS) reported the U.S. added 114,000 jobs in the month of July. It was the second lowest monthly total since the end of 2020, and job gains for the previous two months were revised downward by a combined 29,000 jobs. Job growth in the private sector remained very weak.The unemployment rate increased to 4.3%, and wage growth slipped to 3.6%. Both of those numbers are still solid by historical norms, but the concern is more about the direction of the trend, especially for unemployment.Many economists have noted that Hurricane Beryl likely influenced the latest jobs report by a degree, but the BLS reported it had no material impact on the nation's overall results. Individual MSAs in the path of the hurricane, such as Houston, could show a dip in job growth when the metro-level reports are released later this month.Multifamily fundamentals remained steady from the prior week, with some metrics slightly decelerating due to seasonality. Some of the largest tech markets are highlighted in this report for their improved apartment performance. San Francisco, San Jose, and Seattle were impacted significantly by layoffs in early 2023, which weakened demand for housing. Their metrics appear to be normalizing, which should speak to their underlying supply and demand fundamentals. Of course, tech stocks have taken some of the hardest hits in today's developments.Explore our webpage for more insights and resources:https://bit.ly/Radix_Website

Curious about when mortgage rates will finally drop and spark new housing demand? Join Mike Mills as he dives deep with Dan Habib of MBS Highway to uncover the future of mortgage rates and what real estate professionals need to know!In this episode, Mike Mills sits down with Dan Habib, Executive Vice President of MBS Highway, to discuss the future of mortgage rates. They explore critical topics such as inflation's impact on mortgage rates, the Federal Reserve's role, and the accuracy of job numbers. Dan provides insights from his recent attendance at a Fed meeting and discusses the potential for a refinancing boom. They also delve into the national debt and how MBS Highway prepares for its daily show. Finally, Dan shares valuable information about his company, Crypto Charged, which helps people understand and invest in cryptocurrency.Key TakeawaysInflation's Impact on Mortgage RatesInflation plays a significant role in determining mortgage rates. As inflation rises, mortgage rates tend to increase because investors demand higher returns to offset the eroding value of fixed-rate returns. Understanding this relationship helps real estate professionals anticipate rate changes based on economic conditions.Federal Reserve's Influence on RatesThe Federal Reserve's monetary policy, including interest rate adjustments, significantly affects mortgage rates. Dan discusses how the Fed's decisions are influenced by inflation and employment data, and what real estate professionals can expect in terms of future rate cuts or hikes.Accuracy of Job NumbersJob numbers reported by the Bureau of Labor Statistics (BLS) have shown significant discrepancies, impacting economic forecasts and market reactions. Dan explains the reasons behind these inaccuracies and how they can affect predictions for mortgage rates and the broader economy.Potential for a Refinancing BoomAs mortgage rates are expected to decrease, there is a potential for a refinancing boom. Lower rates can lead to increased refinancing activity, offering opportunities for real estate professionals to help clients reduce their mortgage payments and secure better loan terms.Crypto Charged: Navigating Cryptocurrency InvestmentsDan introduces his company, Crypto Charged, which aims to educate investors about cryptocurrency. He emphasizes the importance of understanding crypto markets and how real estate professionals can diversify their investment portfolios with informed decisions in this emerging field.00:00 - 05:00Introduction and OverviewMike Mills introduces the Texas Real Estate and Finance Podcast.Discussion on the primary question in real estate: "When are rates coming down?"Introduction of guest, Dan Habib, Executive Vice President of MBS Highway.05:00 - 10:00Current Mortgage Rates and Future PredictionsDan Habib shares insights on current high mortgage rates and factors influencing them.Detailed discussion on inflation's role in rate changes.Overview of Federal Reserve's actions and their impact on mortgage rates.10:00 - 15:00Inflation, Job Market, and Fed's RoleExplanation of core inflation and its measurement.Impact of job market conditions and unemployment rates on Fed decisions.Dan's perspective on the reliability of BLS job data and its revisions.15:00 - 20:00BLS Data and Market ReactionsAnalysis of the BLS's business and household surveys.Discussion on the discrepancies between job creation numbers and unemployment rates.Insight into the Fed's dual mandate of stable prices and full employment.20:00 -...

The latest economic indicators. On Wednesday, the Bureau of Labor Statistics (BLS) released its Consumer Price Index (CPI) report for May, which showed an increase of 3.3% from a year earlier, slightly slower than April's 3.4% rate. On a month-to-month basis, prices remained the same for the first time since July 2022. Core inflation, which excludes volatile food and energy prices, rose 0.2%, its slowest pace since October 2023. You can read our coverage of past inflation reports here.You can read today's podcast⁠ ⁠⁠here⁠⁠⁠, our “Under the Radar” story ⁠here and today's “Have a nice day” story ⁠here⁠.You can catch our latest YouTube video, an interview with Alyssa Cass and Pat Rosenstiel, and their efforts to make the popular vote the official decision in electing the US President, here.We were previously publishing these episodes on our Tangle podcast page, but we just re-launched the series — and released a brand new episode — on a unique podcast channel for The Undecideds. Please give us a 5-star rating and leave a comment!Check out Episode 4 of our podcast series, The Undecideds. May 30th, 2024, just after 5pm Eastern Standard Time, a landmark moment was branded into the 247 year history of the US. For the first time ever, a former American president was found guilty of felony crimes. So how does this affect our undecided voters? The answers may surprise you. We gauge the impact of the verdict on Diana, Zahid, Claire, Brian, and Phil and discover that on the road to the White House, even a felony conviction doesn't block all paths.Today's clickables: Friday edition preview (0:39), Quick hits (1:56), Today's story (3:41), Right's take (7:47), Left's take (12:05), Isaac's take (16:21), Listener question (20:39), Under the Radar (24:14), Numbers (25:09), Have a nice day (26:21)You can subscribe to Tangle by clicking here or drop something in our tip jar by clicking here. Take the survey: Do you think the economy is headed in the right direction or the wrong direction? Let us know!Our podcast is written by Isaac Saul and edited and engineered by Jon Lall. Music for the podcast was produced by Diet 75. Our newsletter is edited by Managing Editor Ari Weitzman, Will Kaback, Bailey Saul, Sean Brady, and produced in conjunction with Tangle's social media manager Magdalena Bokowa, who also created our logo. Hosted on Acast. See acast.com/privacy for more information.

An auditing firm that represents hundreds of clients including Trump Media, which owns former President Donald Trump's “Truth Social” app, reached a $12 million settlement with the SEC to settle charges alleging it failed to comply with accounting oversight standards affecting over 1,500 of its SEC filings.The U.S. labor market showed further signs of cooling down after the economy added a smaller-than-expected 175,000 new jobs last month, down from 315,000 in March, according to the Bureau of Labor Statistics (BLS). The market had penciled in a reading of 243,000 positions.Apple shares jumped 7% on Friday as the iPhone maker's record stock buyback plan and promise of sales growth brought back investors who have shunned the stock on concerns over weak demand and increased competition in China.

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 1303: Lisa Harrison of Mad Money Monster.com offers invaluable advice for those standing at the crossroads of their career paths. She delves into the crucial aspects of aligning career choices with personal interests, educational commitments, work-life balance, career development opportunities, and the job market's reality. Her guidance is aimed at helping individuals make informed decisions that lead to both professional fulfillment and personal well-being. Read along with the original article(s) here: https://madmoneymonster.com/2022/08/04/5-things-to-consider-before-choosing-a-career/ Quotes to ponder: "Some people believe that you should consider money when choosing a career. While this may be true to an extent, you don't want to ignore your interests." "Statistics also indicate that employees who work more than 55 hours weekly are at risk of developing stroke and coronary heart disease." "It would be unpleasant to invest your time, money, and hopes into a career that's in low demand." Episode references: The Bureau of Labor Statistics (BLS): https://www.bls.gov/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 1303: Lisa Harrison of Mad Money Monster.com offers invaluable advice for those standing at the crossroads of their career paths. She delves into the crucial aspects of aligning career choices with personal interests, educational commitments, work-life balance, career development opportunities, and the job market's reality. Her guidance is aimed at helping individuals make informed decisions that lead to both professional fulfillment and personal well-being. Read along with the original article(s) here: https://madmoneymonster.com/2022/08/04/5-things-to-consider-before-choosing-a-career/ Quotes to ponder: "Some people believe that you should consider money when choosing a career. While this may be true to an extent, you don't want to ignore your interests." "Statistics also indicate that employees who work more than 55 hours weekly are at risk of developing stroke and coronary heart disease." "It would be unpleasant to invest your time, money, and hopes into a career that's in low demand." Episode references: The Bureau of Labor Statistics (BLS): https://www.bls.gov/ Learn more about your ad choices. Visit megaphone.fm/adchoices

In the 6 AM Hour: Larry O'Connor and Mercedes Schlapp discussed: YESTERDAY: New York appeals court rejects Donald Trump's third request to delay April 15 hush money trial Imprisoned attorney Michael Avenatti does surprise interview with MSNBC on Trump hush money case Consumer prices rose 3.5% from a year ago in March, more than expected Dow closes 422 points lower after a surprisingly bad inflation report Biden defends his handling of the economy amid latest rough inflation numbers Will Hild on X: "JUST IN: Biden's Bureau of Labor Statistics (BLS) reportedly leaked key inflation data  UST IN: For the first time in 38 months since Biden took office, DHS Sec. Mayorkas testifies under oath before Congress that the southern border is in “crisis,” after being asked by @RepAshleyHinson in House hearing. Where to find more about WMAL's morning show:  Follow the Show Podcasts on Apple podcasts, Audible and Spotify. Follow WMAL's "O'Connor and Company" on X: @WMALDC, @LarryOConnor,  @Jgunlock,  @patricepinkfile and @heatherhunterdc.  Facebook: WMALDC and Larry O'Connor Instagram: WMALDC Show Website: https://www.wmal.com/oconnor-company/ How to listen live weekdays from 5 to 9 AM: https://www.wmal.com/listenlive/ Episode: Thursday, April 11, 2024 / 6 AM Hour  O'Connor and Company is proudly presented by Veritas AcademySee omnystudio.com/listener for privacy information.

Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureThe economy is breaking down and the [CB] and the Biden admin are manipulating the numbers to make it look like the economy is doing well. In the end this will backfire on them. The debt is unsustainable and in the end Trump will use this against him. The [DS] will do what ever it takes to stop Trump. It had to be this way because the people must see how the [DS] is willing to destroy this country and bring everyone to war to protect themselves. The [DS] is panicking because they have lost and the shift is now happening. More and more people are moving away from the D part. The end is near, prepare for the next 7 months.   (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy FedEx, UPS Adding Delivery Fees In Parts Of New York, Los Angeles, Chicago FedEx and UPS will add surcharges for deliveries in 82 ZIP codes this month, many of which cover parts of major urban areas, according to updates from both companies. The delivery area surcharge, or DAS, for the new ZIP codes will take effect on April 8 for UPS and April 15 for FedEx. The additions will impact areas in Boston, Chicago, New York, Los Angeles and San Francisco. The DAS ranges between $3.95 and $5.85 for FedEx and UPS, but that can climb higher in areas with ZIP codes categorized as “extended” or “remote.” The surcharge amount is influenced by the package being shipped via ground or air transportation and if it's a commercial or residential delivery. New ZIP codes UPS and FedEx will add a Delivery Area Surcharge in The additional ZIP codes could help the carriers cover added expenses for serving densely populated areas, like tolls to cross bridges or tunnels. However, the delivery giants could also be using the surcharges to bolster their bottom lines in a soft demand environment, according to Shippingwise Managing Director Nicholas Fanelli. “These surcharges are huge profit centers for carriers,” he said. “It's not surprising when volume is down that they're trying to find new opportunities to increase profits and increase margins.” Source: zerohedge.com  https://twitter.com/KobeissiLetter/status/1776226082246512928 Bidenomics In One Lesson: Latest Job Gains Fueled By Foreign-Born Workers, Gov't Employees Huge job gains reported by the Bureau of Labor Statistics (BLS) in March were fueled largely by increases in government positions and employment of foreign-born workers. The government added 71,000 jobs in March, a new all-time record and above the average of 52,000 over the last 12 months, bringing the total number of employees to 23,270,000, according to data from the BLS released Friday. The number of employed foreign-born workers increased by 112,000 in March, rising to 31,114,000 from 31,002,000 in February.   In total, the employment level for foreign-born workers has increased by 1,266,000 in the last year, while the number of native-born Americans has fallen by 651,000, according to the BLS. The unemployment rate for foreign-born workers is just 3.6%, while it is 4.0% for native-born workers. https://twitter.com/RealEJAntoni/status/1776235611961114656?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1776235611961114656%7Ctwgr%5E641c01be2ca5d9ddeb21e9f35f52cb2424ea0eef%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fdailycaller.com%2F2024%2F04%2F05%2Flatest-job-gains-fueled-foreign-born-workers-govt-employees%2F The BLS does not record whether foreign-born workers are in the country legally and acknowledges that the survey likely includes illegal immigrants working in the U.S. The U.S.

Forty-five percent of Canadian business owners experienced mental health challenges in early 2023, up from 38 percent in February 2022, according to a May survey by the Business Development Bank of Canada. According to a recent study by Willis Towers Watson, nearly half (45 percent) of US workers report having experienced mental illness in their lifetime. Over three-quarters (76 percent) say they have experienced emotional distress due to work pressures in the last 12 months. And more than half (51 percent) say their emotional pain was severe enough to impact their ability to do their job well. In addition, recent data from the Bureau of Labor Statistics (BLS) shows that over one-third (36%) of US workers are experiencing symptoms related to depression or anxiety on any given day. The impact of poor mental health in the workplace may be evident with signs such as High turnover rate, Employees who frequently call out sick, Teams struggling to meet targets, and Evidence of stress or burnout in employees, according to the UC Berkeley Executive Education.   As a small business owner, visionary leader, father, and husband, Scott Burgett has experienced an extraordinarily personal and profound journey with his mental health within the last year and 1/2.  Dealing with his health scare, dealing with blood clots, and fearing his life was going to end, Scott, the CEO of Evolution Vegan Academy, took some time this week to share his natural, raw, and emotional journey with his mental health with me.  He also shares why he thinks men should be more forthcoming with their mental health journey, successes, and failures so we can all learn and grow together.  He also shares how he continues to work towards excellence as a father, husband, and individual.   Facebook: @ScottBurgett Instagram: @coachscottyb_

The border deal that was negotiated in the Senate by a group of Democrats and Republicans and incorporated into a $118 billion foreign aid package failed to advance in the Senate on Wednesday. The Biden administration regularly overestimated the number of jobs created each month over the past year by at least 1 million, data from the Bureau of Labor Statistics (BLS) indicate. Nelson Peltz and Trian Management are getting some reinforcements in its siege on the Magic Kingdom from none other than Elon Musk. Plus more on today's episode. 

Throughout last year, the Biden administration consistently over-projected the monthly job growth figures by a margin of at least 1 million, as reflected in the Bureau of Labor Statistics (BLS) records. In the year of 2023, the federal government's initial estimates overvalued the U.S. employment count by an average of 105,000 each month. This imbalance equates to a monthly discrepancy of up to 1.3 million jobs across the year. In-depth research conducted by the Daily Caller News Foundation revealed that, contrary to prior calculations, each month saw roughly 1,255,000 fewer new jobs recorded than initially thought. A major contributing factor cited for this substantial downward correction was the introduction of new census data and seasonal adjustments to the equation for total employment estimates. Interestingly, the month of December was a notable exception to this pattern, seeing an upward revision of 115,000 jobs. This makes December the only outlier in 2023 to observe an upward adjustment of this magnitude, as reported by the news broadcast. The data highlights that the biggest downward corrections occurred in March—at an unforgiving loss of 266,000 jobs—followed closely by January and April, with their revisions of 234,000 and 205,000 jobs respectively. However, the smallest downward adjustments occurred in the later months of the year, with November seeing a decrease of just 2,000 jobs and October observing a reduction of 11,000 jobs.  See omnystudio.com/listener for privacy information.

Lies, damn lies and statistics? DICK BOVE, once again, challenges the US Bureau of Labor Statistics (BLS), this time attacking its announcement that the US economy generated 216,000 jobs in December as the unemployment rate held steady at 3.7 percent. Using government data on hirings, layoffs, people quitting jobs and hourly wages, BOVE concludes December's BLS report is widely off the mark. “We lost 150,000 jobs last month,” says BOVE, chief financial strategist at ODEON CAPITAL GROUP. “It's an outrageous misstatement of these numbers by the press that creates major losses in the hands of investors,” he adds.    In fact, BOVE sees weaker signs in the labor markets than is acknowledged by other analysts. Are we therefore, inching ever closer to that long anticipated recession?  The CONVERSATION examines the US money supply which BOVE has been tracking for months. The latest data shows the M2 money supply continues to shrink with the first significant drop in M2 since the Great Depression. Some analyst see that as a harbinger of recession. MAT VAN ALSTYNE, ODEON co-founder and managing partner, says BOVE'S analysis of the US Money Supply is on target. Meanwhile, bank earnings season is upon us. BOVE, a veteran bank analyst, expects dismal results and explains why.  Will we see a sharp decline in 2024 in management fund fees for ETF mutual funds and other funds? One report hints at fee reductions. The CONVERSATION also looks at the lessons of history – how many nations supposedly neutral, reportedly profiteered by quietly working with the Third Reich. What might this suggest about the stance of “non-aligned” nations today as the brutal war in Ukraine grinds on, asks our host JOHN AIDAN BYRNE. Questions & Comments: Podcast@odeoncap.com      

The U.S. Bureau of Labor Statistics (BLS) has reported that employment of water and wastewater treatment plant and system operators is projected to decline 6% from 2022 to 2032. This news shines the spotlight on a critical infrastructure sector that faces mounting challenges, from aging infrastructure assets to emerging contaminants (i.e., PFAS). As water and wastewater treatment plants become more advanced with automated systems to manage treatment processes, fewer workers may be needed. In today's episode, Reese Tisdale is joined by Senior Research Director Eric Bindler, who notes that while some work can be automated, plants will still need skilled workers to operate increasingly complex controls and water and wastewater systems. The overall water industry BLS data shows pretty steady growth of around 1.5% for the past decade a half. If you enjoy listening to The Future of Water Podcast, please tell a friend or colleague, and if you haven't already, please click to follow this podcast wherever you listen. If you'd like to be informed of water market news, trends, perspectives and analysis from Bluefield Research, subscribe to Waterline, our weekly newsletter published each Wednesday.

As a writer you have the creative freedom to explore the avenues of your imagination which bring you the most joy. You can choose the niche that matches your preferences, from technical writing to creative writing. Job growth: According to the United States Bureau of Labor Statistics (BLS), the employment of writers and authors may grow 4% from 2021 to 2031, which is similar to the average growth for all occupations. With the support of his partner and children, writer David Payne has been creating stories daily since late 2021. He participates ferociously in Stories on Fire and National Novel Writing Month. His first published story, "Wraith and Specter" appeared in Future's Lens (Jan 2023). "Escape and Transform" appeared in Reality's Lens (May 2023). David writes the story that inspires him in the moment, though he tends to settle into speculative fiction. On stream, he writes each day both as a form of accountability and to inspire others to the craft. His focus is entirely on getting the words on the page and letting the editing table sort out the details later. He's played many different table-top RPGs over the years and has interests in game theory from Poker to Magic the Gathering. To relax, he'll fire up a game of Dwarf Fortress. He likes to joke that if a game was created more recently than a decade ago, he isn't really interested, but the truth is he likes retro-style and turn-based games. Professionally, David is a technical writer and has been a part of the field for over twenty years. He's also presented at Write-the-Docs and the Society of Technical Communication's Summit.   Follow: @TelinArtho

Paradoxically, the unemployment rate rose significantly to 3.7% and the U.S. Commodity Future Trading Commission (CFTC) proposes new regulations to offset the risks of crypto investing.Today's Stories: U.S. Adds 339K Jobs in May, Blowing Through Estimates for 195K; Bitcoin Steady at $27KU.S. Commodities Agency May Change Risk Rules to Consider CryptoBitcoin Miners Gain Support From Texas With Two Bills Passed, One HaltedMarket Watch Links: BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch Why Did Bitcoin's Price Rise? BTC Hovers Over $27K as Investors Shrug Off Hot Jobs DataThis episode was hosted by Adam B. Levine, edited by Ryan Huntington, and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Paradoxically, the unemployment rate rose significantly to 3.7% and the U.S. Commodity Future Trading Commission (CFTC) proposes new regulations to offset the risks of crypto investing.Today's Stories: U.S. Adds 339K Jobs in May, Blowing Through Estimates for 195K; Bitcoin Steady at $27KU.S. Commodities Agency May Change Risk Rules to Consider CryptoBitcoin Miners Gain Support From Texas With Two Bills Passed, One HaltedMarket Watch Links: BRN00 | Brent Crude Oil Continuous Contract Overview | MarketWatch Why Did Bitcoin's Price Rise? BTC Hovers Over $27K as Investors Shrug Off Hot Jobs DataThis episode was hosted by Adam B. Levine, edited by Ryan Huntington, and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This is Garrison Hardie with your CrossPolitic Daily News Brief for Wednesday, September 14th, 2022. Happy hump day everyone! We’re half way through the week, so let’s get to it. Fight Laugh Feast Magazine Our Fight Laugh Feast Magazine is a quarterly issue that packs a punch like a 21 year Balvenie, no ice. We don’t water down our scotch, why would we water down our theology? Order a yearly subscription for yourself and then send a couple yearly subscriptions to your friends who have been drinking luke-warm evangelical cool-aid. Every quarter we promise quality food for the soul, wine for the heart, and some Red Bull for turning over tables. Our magazine will include cultural commentary, a Psalm of the quarter, recipes for feasting, laughter sprinkled through out the glossy pages, and more. Sign up today, at fightlaughfeast.com. https://thepostmillennial.com/breaking-twitter-shareholders-vote-in-favor-of-approving-elon-musk-s-buyout-deal?utm_campaign=64487 Elon Musk's Twitter buyout deal APPROVED by shareholders On Tuesday, Twitter’s shareholders voted to approve Elon Musk’s $44 billion buyout deal that was set in motion earlier this year. According to The Verge, sources yesterday had suggested that a vast majority of shareholders were set to approve of the bid, with the required majority being locked in before Tuesday’s meeting. The vote comes as Musk is locked in a legal battle with the social media platform over an attempt to terminate the deal, after Musk sought data that confirmed that the number of Twitter accounts that are automated bot accounts is less than 5 percent. Twitter sued Musk for his attempts to terminate the deal, arguing that Musk created their agreement. The trial is expected to begin in mid-October. This is a developing story, so check back with me tomorrow for more updates: Moving on… https://www.theepochtimes.com/us-inflation-comes-in-worse-than-expected-as-food-shelter-costs-surge_4726956.html?utm_source=partner&utm_campaign=BonginoReport US Inflation Comes in Higher Than Expected as Food, Shelter Costs Surge The U.S. annual inflation rate came in at 8.3 percent in August, higher than the market forecast of 8.1 percent, according to the Bureau of Labor Statistics (BLS). This is slightly down from the 8.5 percent reading in July. The core inflation rate, which strips the volatile food and energy sectors, also advanced to 6.3 percent last month. This was also higher than the market expectation of 6.1 percent and up from 5.9 percent in July. On a monthly basis, the consumer price index (CPI) rose 0.1 percent, while the core CPI surged 0.6 percent. Food and shelter costs contributed to the inflation numbers as they increased 11.4 percent and 6.2 percent, respectively, year-over-year. The energy index eased to 23.8 percent, new vehicles surged 10.1 percent, used cars and trucks jumped 7.8 percent, and apparel edged up 5.1 percent. Transportation services soared 11.3 percent and medical care services swelled 5.6 percent. Within the food index, most items were up on both a year-over-year and month-over-month basis. Bread prices rose 16.2 percent from the same time a year ago, milk soared 17 percent, eggs spiked 39.8 percent, and fruits and vegetables surged 9.4 percent. BLS data further showed that meat was mostly up across the board, with uncooked ground beef up 7.8 percent, chicken jumping 16.6 percent, ham rising 9.2 percent, and pork surging 6.8 percent. On a positive note, airline fares, which were up by about 33 percent year-over-year, fell by 4.6 percent on a monthly basis in August. On the energy front, prices also eased considerably from July to August. Fuel oil slipped 5.9 percent and gasoline declined 10.6 percent. However, electricity prices added 1.5 percent. U.S. stocks reacted to the hot inflation report. The Dow Jones and the S&P 500 were down 2.7 percent and 3 percent, respectively, during midday trading on Sept. 13, while the NASDAQ was down 3.85 percent. Financial markets have cheered anytime there is the slightest hint of easing inflationary pressures because investors think this would prompt the Federal Reserve to slow down its pace of rate hikes or to cut interest rates. Central bank officials have repeatedly stated that they do not intend to turn dovish during this tightening cycle until there is clear evidence that inflation is on a downward trend. Fed Chair Jerome Powell spooked financial markets last month when he told the Jackson Hole Economic Symposium that households and businesses need to brace for “some pain.” Just what our economy needed! More pain… Speaking of which… https://www.theepochtimes.com/stocks-tumble-after-inflation-stays-hotter-than-expected_4727580.html?utm_source=partner&utm_campaign=BonginoReport Stocks Tumble After Inflation Stays Hotter Than Expected Stocks are tumbling and disappointment is shaking markets worldwide Tuesday, following Wall Street’s realization that inflation isn’t slowing as much as hoped. The S&P 500 sank 2.3 percent in early trading Tuesday, threatening to snap a four-day winning streak. Bond prices also fell sharply, sending their yields higher, after a report showed inflation decelerated to 8.3 percent in August, instead of the 8.1 percent economists expected. The disappointing data means traders are bracing for the Federal Reserve to ultimately raise rates even higher than expected to combat inflation, with all the risks for the economy that entails. The Dow Jones Industrial Average lost 603 points, or 1.9 percent, to 31,777, as of 9:45 a.m. Eastern time, and the Nasdaq composite dropped 3.1 percent. Almost all of Wall Street came into the day thinking the Fed would hike its key short-term rate by a hefty three-quarters of a percentage point at its meeting next week. But the hope was that inflation was in the midst of quickly falling back to more normal levels after peaking in June at 9.1 percent. The inflation report arrived before trading began on Wall Street, but it sent a thud through markets worldwide. https://www.theepochtimes.com/15000-union-nurses-in-minnesota-walk-out-on-strike-protesting-low-wages-and-understaffing_4725919.html?utm_source=partner&utm_campaign=BonginoReport 15,000 Union Nurses in Minnesota Begin Strike, Citing Low Wages, Understaffing About 15,000 union nurses at 15 hospitals across seven different health systems in Minnesota have walked off the job, protesting understaffing and overwork in what’s believed to be the biggest strike of private-sector nurses in U.S. history. The Minnesota Nurses Association strike, slated to last three days, began at 7 a.m. on Sept. 12. The group’s membership voted last month to authorize a strike. Nurses in the Minneapolis and Duluth areas are complaining about low pay, a dearth of resources, and the inability to care for patients properly, such as running wards without lead nurses, and poor shift-scheduling practices. “I can’t give my patients the care they deserve,” said Chris Rubesch, the vice president of the Minnesota Nurses Association and a nurse at Essentia Health in Duluth, according to The Washington Post. “Call lights go unanswered. Patients should only be waiting for a few seconds or minutes if they’ve soiled themselves or their oxygen came unplugged or they need to go to the bathroom, but that can take 10 minutes or more. Those are things that can’t wait.” At a Sept. 1 news conference, Minnesota Nurses Association President Mary Turner said, “Our health care and our profession are in crisis.” Response From Hospitals While negotiations have been continuing since March, the union decided to proceed with the strike because of the hospitals’ offer of about 10 percent wage increases over three years. The union had asked initially for a 37 percent boost, before settling on 30 percent. A spokesperson for the Twin Cities Hospitals Group called the request “unreasonable, unrealistic, and unaffordable,” according to the Minnesota Reformer. Hospital administrations have hired replacement staff and traveling nurses to keep operations running and bring minimal disruption to patient care. “Nurses have steadfastly refused to go to mediation,” Paul Omodt, a spokesman for the Twin Cities Hospital Group, which represents four hospital systems, told The Washington Post. “Their choice is to strike. This strike is on the nurses.” Armored Republic The Mission of Armored Republic is to Honor Christ by equipping Free Men with Tools of Liberty necessary to preserve God-given rights. In the Armored Republic there is no King but Christ. We are Free Craftsmen. Body Armor is a Tool of Liberty. We create Tools of Liberty. Free men must remain ever vigilant against tyranny wherever it appears. God has given us the tools of liberty needed to defend the rights He bestowed to us. Armored Republic is honored to offer you those Tools. Visit them, at ar500armor.com https://www.theepochtimes.com/americans-like-work-from-home-so-much-theyll-take-a-pay-cut-to-keep-it-study_4725704.html?utm_source=partner&utm_campaign=BonginoReport Americans Like Work From Home So Much, They’ll Take a Pay Cut to Keep It: Study Workers in the United States are willing to take a pay cut so that they can continue working from home, states a study published in August. Work from home (WFH) was found to average 1.5 days a week worldwide, according to the study conducted by a team of international economists and other experts. The study, “Working From Home Around the World,” surveyed full-time workers from 27 nations as of mid-2021 and early 2022. Workers were found to value the option of working from home for two to three days per week so much that they were willing to take a pay cut of 5 percent on average. In the United States, workers were willing to take a 5.7 percent pay cut for remote work options. On average, workers across countries wanted 1.7 work-from-home days per week after the end of the pandemic. In the United States, the mean desired WFH days per week was at 2.1. However, the actual WFH days in the country was 1.6 while employers were only planning to offer 0.8 days for remote work. Overall, 5.26 percent of employees working from home for one or more days per week were willing to quit their job if their employer wanted them to return to onsite work for more than five days. In the United States, this number exceeded 40 percent. In the United States, the risk that city-level fortunes will diverge due to work-from-home models is “more acute” than in other rich nations, the report noted. “In part, because political decisions about the provision of local public goods are more decentralized in the United States, and local fiscal resources are more closely tied to local economic prosperity. These aspects of federalism give rise to more scope for a downward spiral in city-level fiscal resources and urban amenities.” Compared to other countries, the United States also has more location options sharing the same legal system, cultures, language, etc. As such, if a city’s governance were to fail, it is easier to move to another similar but better-performing city, the report stated. Last month, the Federal Reserve Bank of New York released a report showing that many remote working jobs which popped up during the COVID-19 pandemic have remained open and are expected to remain open in the future. https://nypost.com/2022/09/12/michael-irvin-chides-stephen-a-smiths-colin-kaepernick-cowboys-idea/ NFL legend Michael Irvin eviscerates idea of Colin Kaepernick joining Cowboys: 'Let's just stop' The Playmaker was not having it. After Dak Prescott went down for what might be 6-8 weeks with an injury to his throwing thumb, the “First Take” crew was bouncing around ideas on what Dallas should do in the interim. Tyler Huntley was broached, but no one ultimately thought that the Ravens would part with him with Lamar Jackson unsigned. Stephen A. Smith brought up Colin Kaepernick, and Michael Irvin shot the idea down. https://youtu.be/-l0Ao24SpVQ Play 2:35-4:37 Did you notice that Smith tried to back away from the bag of crap that he just lit on fire, and left it for all of us to smell? “Oh no I just had five or so people bring it up to me, so I thought I’d ask!” Yeah nice try buddy, we all know you’re just a puppet trying to keep this conversation going about Kaepernick. Even when Kap has ability, he wasn’t even that good. He was something new in the league when he helped lead the 49ers to the Superbowl against the Ravens all the way back in 2013… but since that season, his numbers fell off a cliff… people clinged to the notion that he was a great qb, all for the sake of pumping up his national anthem protest… Kaepernick hasn’t played in the NFL since 2016, when he kneeled during the national anthem to protest social injustice while a member of the 49ers. Smith has said in the past that former President Donald Trump inflaming this story was revenge on NFL owners for not allowing him to buy the Bills. This has been Garrison Hardie with your CrossPolitic Daily NewsBrief… if you liked the show, hit that share button down below. If you wanted to sign up for a club membership, sign up for our conference with that club discount, then sign up for a magazine subscription… you could do all of that at fightlaughfeast.com. And as always, if you want to email me a news story, about our conference, or to become a corporate partner with CrossPolitic, email me, at garrison@fightlaughfeast.com.