Tracking Contingent Workers

Published on December 20, 2024

As the year comes to a busy conclusion, we’re still catching up with news that didn’t make the front page. In the first week of November, the U.S. Bureau of Labor Statistics published a data release that’s even less frequent than the four year presidential election cycle.

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China’s Struggles with a Consumer Society

December 20, 2024
The modern Chinese political system emphasizes stability and control, qualities that enabled the country to become the world’s “ultimate producer.” But these qualities imply tight control over social norms and individual behavior, and they are far less applicable to official efforts to boost household consumption.

Federal Reserve Forecasts Fewer Interest Rate Cuts in 2025

December 20, 2024
With persistent inflation and a resilient economy, the Fed's updated projections show two rate cuts next year.