Author Archives: Christine Chmura

About Christine Chmura

Christine Chmura is president and chief economist at Chmura Economics & Analytics. She can be reached at (804) 649-3640 or at chris@chmuraecon.com.

April’s Unemployment Rate Means Good News for Graduates Seeking Jobs

With the U.S. unemployment rate at a nearly 50-year low of 3.6 percent in April, this year’s graduates should have an easier time finding jobs than their predecessors. And even better news is that wages for employees at private nonfarm … Continue reading

Posted in Economy | Leave a comment

Economic Impact: Time will tell how dangerous this simple curve is

Talk of recession has picked up again. The reason might sound complicated, but the principle is fairly basic. In financial parlance, we’re talking about the inversion of the yield curve. Here’s what that means … and how it might take … Continue reading

Posted in Economy | Leave a comment

Participation Rate for People in Their Prime Working Years is Growing

In Federal Reserve Chairman Jerome Powell’s semiannual monetary report to Congress last month, he said he was encouraged by the “solid” increase in the labor force participation rate over the past year. This rate represents the percentage of Americans 16 … Continue reading

Posted in Economy | Comments Off on Participation Rate for People in Their Prime Working Years is Growing

Family Incomes Doing Well

Families in the Richmond region saw the rate of their inflation-adjusted incomes having the second fastest growth among all 383 metro areas in the nation. Median household income rose 5.3 percent in the Richmond metro area in 2017 compared with … Continue reading

Posted in Economy | Comments Off on Family Incomes Doing Well

Economic Impact: Consumer confidence is running high

Consumer confidence was higher in August than it has been since October 2000. The Conference Board’s index, which is published monthly, reflects consumers’ perception of business health, employment and income for the current month as well as six months into … Continue reading

Posted in Economy | Comments Off on Economic Impact: Consumer confidence is running high