US job creation will be strong over summer 2021 and into the fall of 2021.
Accurate ●●●●●
“So you put all those together, I would expect that we would see strong job creation building up over the summer and going into--going into the fall.”
- Said on
- 16 June 2021 · FOMC press conference, citing reopening schools, vaccinations and expiring unemployment benefits
- Source
- Transcript of Chair Powell's Press Conference, June 16, 2021 · Federal Reserve
- Should come true
- Nov 2021
- How sure they sounded
- I would expect
- Categories
- Economy
- Importance
- 2 of 5 · Pace of the US labor market recovery mattered for the timing of Fed tapering.
Outcome
Accurate Happened 30 November 2021.
Payroll gains were strong over summer and fall 2021. After revisions they were roughly +1 million in July, +483,000 in August, +379,000 in September and +546,000 in October, far above the pace needed to hold unemployment steady. Some first prints were weak (e.g., September initially +194,000), but the revised data show strong job creation.
- https://www.calculatedriskblog.com/2021/12/november-employment-report-210-thousand.html
- https://www.cnbc.com/2021/12/03/nearly-1-million-more-jobs-were-created-this-year-than-the-government-first-estimated.html
History
- 2026-10-17 00:14:30 · created by claude
- 2026-10-17 00:14:30 · categorized by claude
- 2026-10-17 00:17:26 · scored by claude
- 2026-10-17 00:17:42 · categorized by claude