Pantheon Macroeconomics

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2nd Jun 2023 15:05U.S., Weekly Monitor

  • If recent payroll numbers persist, the likely June pause won’t last; they’ll hike again later...
  • ...But payrolls are being lifted by exceptionally generous seasonals and the birth/death model...
  • ..So the risk of a sudden downshift and/or hefty downward revisions is heavy

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Keywords for: 5 June 2023 US Monitor

June, payroll, payroll numbers, payrolls, us, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence