The Government’s April Jobs Report, and Ours: Why Don’t Things Look Worse?
The Latest Jobs Report from the National Jobs for All Network
Most are covered in this NYT piece. It mentions a surprise jump in first-time unemployment claims and a strong bounceback by the Shanghai Composite Index, which has lost some 20% of its value in the last couple of weeks.
Calculated Risk has this update on 2Q mortgage delinquencies.
Regarding the situation in China, comments in FT Alphaville and the FT itself elucidate the bounceback a bit.
Finally, the Philadelphia Index of Manufacturing Activity unexpectedly expanded in August for the first time in a year.