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June 5, 2019

J:  On May 3, the BLS gave us stunningly good news on the US labor market in April  As the chart shows, nonfarm payroll employment increased by 263,000 jobs that month to a record of 151,095,000 such jobs.

The low point since the December 2007 to June 2009 rec...

March 3, 2019

J:  One of the more depressing trends of the last decade was the seemingly endless decline in the national homeownership rate.  As the chart shows, it peaked in the second quarter of 2004 at 69.4 percent seasonally adjusted.

The February 28 release from the Census...

February 18, 2019

J:  The US economy posted a new milestone for employment opportunities at the end of 2019. On February 12, the BLS told us that on December 31, 2018, employers of all types all over the country had a record 7,335,000 job openings on a seasonally adjusted basis.

Tha...