Report
US labour market continues to normalise
The signals pointing to an easing of tension on the labour market are multiplying. Wage gains have slowed over the past several months. The resignation boom has subsided. Labour shortages have disappeared, except for highly skilled workers. The number of vacancies has fallen by 27% since its peak in 2022, while the number of unemployed has risen by 14% since its trough. These developments are the best the Fed could have wished for. This lends weight to the scenario that a lasting...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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