MacroEdge 12/10 Midweek Report - Macro Note & Vision Update

In this Midweek Report - the team takes a look at the latest live job postings & NZ unemployment data, while Six provides a MacroEdge Vision update. #MacroEdge

Dec 11, 2024

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Macro Note - @DonMiami3, Don Johnson - Chief Economist and Co-Founder of MacroEdge

Good Tuesday eve all,

This evening in my brief macro note I wanted to point out two new data releases on the employment front - one from here in the US from Indeed & the next from New Zealand. Like Canada - New Zealand continues to see their employment situation worsen, and this trend is happening to a lesser effect here in the United States.

There was a spike in the November small business data from the NFIB, but this is noise until we get settled into the Trump administration & people can assess policy impacts and real-time revenue for new opinions on their optimism.

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Indeed New Job Postings Drops to September 2020 Levels

This data update is through December 6th - meaning there was a sharp drop in new postings to start the month of December (week over week):

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