Mickey Levy
Mickey Levy
Mickey Levyis an Israeli politician who serves as a member of the Knesset for Yesh Atid. He served as Deputy Minister of Finance between 2013 and 2014. Before entering politics, he was a police officer...
drifting force growing higher increases jobs labor lingering looking month next percent rate slightly
We're looking for increases in employment, but because the labor force is growing 1 percent a year, we need 125,000 new jobs per month to stabilize the unemployment rate. We see the unemployment rate drifting slightly higher and lingering higher for the next year.
employment follow labor market pickup production reports seen translate
Production and employment always follow demand, and we've seen a pickup in demand. I think this will translate into a better labor market in May or June. I know the employment reports have been disappointing lately, but be patient.
guess impact mind monetary policy quarter works
Keep in mind that monetary policy works with a lag, so that this shouldn't have any impact on the consumer, ... My guess is a quarter point.
number touch
This number may be a touch better than expectations.
businesses clear consumer couple gain housing pickup seen spending start
We've seen a clear pickup in consumer spending and housing and now the manufacturing sector. I'd say with a couple more months, businesses will start to gain confidence.
beginning contribute data economy growth holiday housing powerful retail sector seen showing stimulants various
We've seen data from various sectors showing the economy is beginning to stabilize. Not only employment, but the manufacturing sector as well. And holiday retail sales, consumption and housing look OK. So, we have all these powerful stimulants that are going to contribute to growth as 2002 unfolds.