Three Must-See Charts on Today's Jobs Report

The video discusses the US jobs report, focusing on manufacturing overtime, aggregate weekly payrolls, and labor market slack. It highlights the increase in manufacturing overtime, particularly in durable goods, and the implications for employment. The analysis of payrolls and average hourly earnings suggests steady growth, despite a slowdown in hiring. The labor market slack is examined, showing more unemployed people dropping out than finding jobs, indicating potential for further absorption of slack.

How has the global economy affected manufacturing employment according to the report?

What does the recent jobs report indicate about overtime in manufacturing?

What correlation is suggested between overtime and new hiring?

What does the report suggest about wage growth and its impact on consumer spending?

What does the chart showing unemployed workers finding jobs indicate about labor market slack?