Andrew O'Day
👤 SpeakerAppearances Over Time
Podcast Appearances
We start with Tuesday's reading of posted U.S.
job openings in April, forecast to have risen following a strong drop in March.
Wednesday, we get the first large-scale employment reading for May, the tally of private sector job creation from paycheck processor ADP.
The big reading comes Friday.
With the Labor Department, the unemployment rate is expected to remain at 4.3%, with total job creation likely tepid, holding below 100,000, with leisure, hospitality, education, and health services leading the gains.
Andrew O'Day, Bloomberg Radio.
You certainly ask interesting questions.
We start with Tuesday's reading of posted U.S.
job openings in April, forecast to have risen following a strong drop in March.
Wednesday, we get the first large-scale employment reading for May, the tally of private sector job creation from paycheck processor ADP.
The big reading comes Friday with the Labor Department.
The unemployment rate is expected to remain at 4.3 percent, with total job creation likely tepid, holding below 100,000, with leisure, hospitality, education and health services leading the gains.
Andrew O'Day, Bloomberg Radio.
This week, we get the monthly price measure that's most favored by the Fed Reserve, including its freshly sworn-in new chief, Kevin Warsh.
The Commerce Department's April PCE, Personal Consumption Expenditures Price Index, is forecast to have increased just over four-tenths percent from the month before last
and 3.2 percent from the year before, as food prices held their earlier increases and gasoline prices continued rising throughout the month.
Andrew O'Day, Bloomberg Radio.
Higher gas and grocery costs fueled by the Iran war have not spread to every corner of the economy yet, but retailers including Walmart and Lowe's warn that absent a break from high costs hitting manufacturers, shippers, and sellers, their prices may soon rise.
As collective American spending power is dropping, angst is increasing, with the University of Michigan's latest consumer sentiment measure falling to a record low.
Andrew O'Day, Bloomberg Radio.