Relentless Hiring In Healthcare & Government Doesn’t Care About Fed’s Interest Rate Hikes | Eric Pachman’s Data-Visualizations On Why Inflation & Hiring Are Sticky
Forward Guidance
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Analysis of Declining Industries and Inflation Metrics
The chapter delves into industries experiencing significant job losses over a five-year period, particularly in oil and gas extraction, clothing retail, business support services, and nursing care facilities. It also discusses the analysis of Consumer Price Index (CPI) data, focusing on motor vehicle insurance and its impact on inflation rates. The conversation further explores the differences between CPI and Personal Consumption Expenditures (PCE) metrics, discussing the complexities in measuring auto insurance's influence on inflation and the challenges in predicting future measures based on historical data.
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