eco
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Wolf Street
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2
days ago
Housing Bubble and Bust #1 and #2 as Seen through Employment at Mortgage Lenders and Mortgage Brokers
Nonbank mortgage lenders shed 40% of their jobs this time, and loan brokers 38%. They react to demand, which collapsed.
eco
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Wolf Street
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2
days ago
Weirdest U.S. Labor Market I’ve Ever Seen: Supply of Labor Shrinks Further while Private-Sector Jobs Grow
Federal government sheds more jobs, now down to 1966 levels. This labor market isn’t bad, just weird.
eco
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Wolf Street
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3
days ago
Prices of Used EVs Spike, from already Lofty Levels, as Gasoline Prices Spike. But Electricity Prices also Soared
High gasoline prices tilt operating costs in favor of EVs. But soaring electricity prices eat into that math.