Radar Telegram alerts Open Radar

‼ The labor market confirms a strong economic revival in September and the signs of a dramatic economic recovery are growing! In the past there were IBC, industry and now the labor market! Demand for labor spiked sharply in September (always, even in years of overheating, it decreased in September). At the same time, the labor shortage worsened - the ratio of demand and unemployed far exceeded last year's values. Unemployment is close to a historic minimum so far this is not reflected in the dynamics of salaries, which are only available for August. In them we see that the slowdown in nominal wage growth has stopped (9.8% compared to 9.5% in July). But if wages accelerate in September, then this could become a decisive argument for increasing the KS in December Unemployment (15+): 2.15% compared to 2.15% in August and 2.26% in July; Seasonally adjusted - 2.2% Employed: 75.0 million people (0.6% yyyy) Demand for work: 1.87 million people (+8.0% year-on-year) compared to 1.85 million people (+2.2% year-on-year) In August, the demand for work is 1.13 times higher than the number of unemployed - 1.65 million people; A year ago it was 1.05.

תרגם לעברית

MMI · Macro · · Source

‼ The labor market confirms a strong economic revival in September and the signs of a dramatic economic recovery are growing! In the past there were IBC, industry and now the labor market! Demand for labor spiked sharply in September (always, even in years of overheating, it decreased in September). At the same time, the labor shortage worsened - the ratio of demand and unemployed far exceeded last year's values. Unemployment is close to a historic minimum so far this is not reflected in the dynamics of salaries, which are only available for August. In them we see that the slowdown in nominal wage growth has stopped (9.8% compared to 9.5% in July). But if wages accelerate in September, then this could become a decisive argument for increasing the KS in December Unemployment (15+): 2.15% compared to 2.15% in August and 2.26% in July; Seasonally adjusted - 2.2% Employed: 75.0 million people (0.6% yyyy) Demand for work: 1.87 million people (+8.0% year-on-year) compared to 1.85 million people (+2.2% year-on-year) In August, the demand for work is 1.13 times higher than the number of unemployed - 1.65 million people; A year ago it was 1.05.

‼ The labor market confirms a strong economic revival in September and the signs of a dramatic economic recovery are growing! In the past there were IBC, industry and now the labor market! Demand for labor spiked sharply in September (always, even in years of overheating, it decreased in September). At the same time, the labor shortage worsened - the ratio of demand and unemployed far exceeded last year's values. Unemployment is close to a historic minimum so far this is not reflected in the dynamics of salaries, which are only available for August. In them we see that the slowdown in nominal wage growth has stopped (9.8% compared to 9.5% in July). But if wages accelerate in September, then this could become a decisive argument for increasing the KS in December Unemployment (15+): 2.15% compared to 2.15% in August and 2.26% in July; Seasonally adjusted - 2.2% Employed: 75.0 million people (0.6% yyyy) Demand for work: 1.87 million people (+8.0% year-on-year) compared to 1.85 million people (+2.2% year-on-year) In August, the demand for work is 1.13 times higher than the number of unemployed - 1.65 million people; A year ago it was 1.05.

More on Radar

Want to see every report in real time?

Hundreds of sources worldwide, translated into your language, with alerts for what matters to you.

Sign up free
Share on WhatsApp Get alerts on Telegram