Labor
November 20, 2025
U.S. Employment (September 2025)
Non-farm payrolls surprised to the upside in September, with private sector hiring rising at its fastest clip in five months. However, jobs gains remain narrowly concentrated, and there's mounting evidence to suggest that trade exposed sectors like manufacturing and transportation & warehousing are increasingly feeling the pain from higher tariffs.
October 02, 2024
U.S. Dockworker Strike (October 2024)
Thousands of dockworkers at several East and Gulf coast ports are on strike. Combined with other disruptions – i.e., Hurricane Helene and striking Boeing workers on the Pacific Northwest – these one-off events are poised to take some wind out of the economy's sails in the fourth quarter.
September 13, 2024
U.S. 2024 Election: Economic and Financial Implications
Elections matter for the economy, but financial markets are likely to be particularly attuned to the current election cycle given America’s unsustainable fiscal trajectory. The make-up of Congress will determine how much of the future President’s agenda can be implemented. A divided Congress will likely force the next President to make significant concessions relative to their current platform proposals.
