Pantheon Macroeconomics

Best viewed on a device with a bigger screen...

9th May 2022 00:30U.S., Daily Monitor, Weekly Monitor

Payroll growth remains solid, but has slowed from its peaks; signals for late spring and summer are mixed.

Surveys point to job gains at about 250K, but they ignore the huge post-Covid hiring backlog.

If the recent slowdown in wage growth is sustained, the Fed won’t have to keep hiking by 50bp for long.

ahe core inflation cpi employment fed ism job growth job openings July June labor May payroll payroll growth payrolls policymakers q4 September summer treasury yields u.s. unemployment us wage gains wage growth weather yields

This publication is only available to U.S. Economic Research (Monitor) subscribers

Related Publications

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release.

U.S. Economic Research
Eurozone Economic Research
Latin America Economic Research
UK Economic Research
Asia Economic Research

Sign up for your complimentary trial

To start your complimentary trial, highlight the areas you are interested in subcribing to and click next.

United States


United Kingdom

China +

Emerging Asia

Latin America


Consistently Right
Access Key Enabled Navigation
Keywords for: Can Solid Wage Gains and Easing Wage Pressure Co-exist

ahe, core inflation, cpi, employment, fed, ism, job growth, job openings, July, June, labor, May, payroll, payroll growth, payrolls, policymakers, q4, September, summer, treasury yields, u.s., unemployment, us, wage gains, wage growth, weather, yields, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence