Goldman: February Payrolls Preview

A few brief excerpts from a note by Goldman Sachs economist Spencer Hill: We estimate nonfarm payrolls increased 195k in February … a 20-30k boost from weather … too early to show a meaningful impact of the coronavirus outbreak on hiring. We estimate a one tenth decline in the unemployment rate to 3.5% … We […]


February Employment Preview

Special Note: The 2020 Decennial Census will increase hiring in early 2020. In reporting the employment report, the headline number should be reduced (or increased) by the change in Census temporary employment to show the underlying trend.  Based on previous Census hiring, I expect the Census hired 10 to 20 thousand temporary workers in February. […]


The Tory’s Kafkaesque BBC logic

Whilst coronavirus dominates the news, some other agendas are still being pursued. For example, the Culture Secretary (Oliver Dowden, in case you had never heard of him) is launching an attack on the BBC today and according to Politics Home: Mr Dowden will also take aim at the BBC’s news coverage, flagging Ofcom research which […]