July's labor data resemble a last defensive stand: the employment base is weakening, while aggregate real payroll purchasing power remains narrowly positive. Research updated: August 13, 2026 July's employment report is the most important economic report of the month—not because one headline settles the outlook, but because it shows how many people remain … [Read more...] about July 2026 Employment Report: The Economy’s “Fort Alamo” Moment
real weekly earnings
July 2026 CPI Preview: Jobs, Real Wages and Purchasing Power
The most important July inflation number may not be CPI alone. It will be the purchasing power left in an average weekly paycheck—and whether that improvement is spread across a stable employment base. July's data will arrive in three connected stages. The first will show how many jobs and paid hours supported household income. The second will show how … [Read more...] about July 2026 CPI Preview: Jobs, Real Wages and Purchasing Power
June Employment Data: Real Weekly Earnings Reveal the True Labor-Market Position
The headline employment numbers show that job creation is slowing. However, the most important measure for workers, consumption and the wider economy is not simply how many jobs were created. It is whether weekly earnings are increasing faster than inflation. Employment Growth Is Slowing The June employment report confirms that the pace of job creation is … [Read more...] about June Employment Data: Real Weekly Earnings Reveal the True Labor-Market Position