Any analyst who is claiming the US economy is close to full employment hasn’t looked at the data.
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Bill Mitchell: US labour market showing signs of faltering as real wages continue to decline
Economics
DeStatis – German Manufacturing in September 2022: new orders down 4.0% on the previous month
While domestic orders slightly increased by 0.5%, foreign orders went down by 7.0% in September 2022 on the previous month. New orders from the euro area decreased by 8.0% and new orders from other countries […]
Geopolitics
Times of Israel: Blinken approves $20 billion sale of weapons to Israel, including F-15s
February 14, 2020, in Deland, Florida. (AP Photo/Phelan M. Ebenhack) US Secretary of State Antony Blinken has approved weapons sales of more than $20 billion to Israel, including F-15 fighter jets and nearly 33,000 tank […]
Economics
Bloomberg: Australia Economist Steve Keen to Run for Parliament, Pursue MMT
Keen wants to revive ex-PM Robert Menzies’ economic golden era Would seek lower house prices, central bank digital currency Read here Parliament House in Canberra, Australia. Photographer: Rohan Thomson/Bloomberg
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