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morningconsult.com

Founded Year

2014

Stage

Series B | Alive

Total Raised

$91M

Valuation

$0000 

Last Raised

$60M | 1 yr ago

Revenue

$0000 

About Morning Consult

Morning Consult is a global decision intelligence company changing how modern leaders make smarter, faster, better decisions. The company pairs its proprietary high-frequency data with applied artificial intelligence to better inform decisions on what people think and how they will act.

Morning Consult Headquarters Location

1025 F St NW Suite 800

Washington, DC, 20004,

United States

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Latest Morning Consult News

Nearly 12% of US Adults Lost Income in July Despite Record Job Growth - Morning Consult

Aug 3, 2022

Nearly 12% of US Adults Lost Income in July Despite Record Job Growth - Morning Consult Nearly 12% of US Adults Lost Income in July Despite Record Job Growth - Morning Consult WASHINGTON (Sputnik) - Nearly 12% of adults in the United States lost pay or income in July, the business database Morning Consult said in a report on... 03.08.2022, Sputnik International 2022-08-03T16:11+0000 https://cdnn1.img.sputniknews.com/img/07e4/0a/07/1080689431_0:160:3073:1888_1920x0_80_0_0_3768d4c2c0c352979a1f8d52c73fd331.jpg The share of adults reporting lost pay or income ticked up from 11% in June to 11.7% in July, Morning Consult said.“The US labor market remains strong, but its best days may now be in the rearview mirror,” John Leer, chief economist at the agency, said in a news release on the report. “With the Fed raising interest rates aggressively to combat high inflation, businesses are slowing hiring and expansion plans, releasing steam from a red-hot labor market. Whether that slowdown is swift and severe enough to tip the economy into a recession remains to be seen.”Unemployment reached a record high of 14.8% in April 2020, with the loss of some 20 million jobs in the aftermath of the coronavirus breakout. Jobs recovery has been strong since, with the unemployment rate staying at 3.6% since April this year, below the 4% defined by the Federal Reserve as “maximum employment.”Morning Consult said its data on pay loss, drawn from 20,000 surveys per week conducted through July, was in strong positive correlation with initial US unemployment claims that have moved higher in recent weeks.Breaking down the data, Morning Consult said lower-income households bore the brunt of the lost pay. As of the week ending July 23, 13.9% of adults from households earning less than $50,000 reported losing pay in the previous week, an increase of 1.3 percentage points from a series low at the beginning of June. Lost pay has also been concentrated in certain sectors, including leisure and hospitality and construction.The US Labor Department is due to release on Friday the monthly nonfarm payrolls report for July. The nonfarm payrolls report has beaten forecasts for the past three months, with economists forecasting a 250,000-jobs growth for July over June’s 372,000.US jobless claims, meanwhile, hit the highest level since January last week, according to weekly Labor Department data. Claims came in at 256,000 during the week ended July 23, the first time they have done so since the week to January 22. https://sputniknews.com/20220728/us-q2-gdp-down-09-after-q1-16-drop-technically-placing-economy-in-recession-1097890794.html Nearly 12% of US Adults Lost Income in July Despite Record Job Growth - Morning Consult © AP Photo / Elaine ThompsonIn this Thursday, June 4, 2020 file photo, a customer walks out of a U.S. Post Office branch and under a banner advertising a job opening, in Seattle. The job market took a big step toward healing in May 2020, though plenty of damage remains, as a record level of hiring followed record layoffs in March and April. The Labor Department reported Tuesday, July 7, 2020 that the number of available jobs rose sharply as well, but remained far below pre-pandemic levels. © AP Photo / Elaine Thompson Subscribe WASHINGTON (Sputnik) - Nearly 12% of adults in the United States lost pay or income in July, the business database Morning Consult said in a report on Wednesday that challenged the notion of record US jobs growth. The share of adults reporting lost pay or income ticked up from 11% in June to 11.7% in July, Morning Consult said. “The US labor market remains strong, but its best days may now be in the rearview mirror,” John Leer, chief economist at the agency, said in a news release on the report. “With the Fed raising interest rates aggressively to combat high inflation, businesses are slowing hiring and expansion plans, releasing steam from a red-hot labor market. Whether that slowdown is swift and severe enough to tip the economy into a recession remains to be seen.” Unemployment reached a record high of 14.8% in April 2020, with the loss of some 20 million jobs in the aftermath of the coronavirus breakout. Jobs recovery has been strong since, with the unemployment rate staying at 3.6% since April this year, below the 4% defined by the Federal Reserve as “maximum employment.” Morning Consult said its data on pay loss, drawn from 20,000 surveys per week conducted through July, was in strong positive correlation with initial US unemployment claims that have moved higher in recent weeks.

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  • When was Morning Consult founded?

    Morning Consult was founded in 2014.

  • Where is Morning Consult's headquarters?

    Morning Consult's headquarters is located at 1025 F St NW , Washington.

  • What is Morning Consult's latest funding round?

    Morning Consult's latest funding round is Series B.

  • How much did Morning Consult raise?

    Morning Consult raised a total of $91M.

  • Who are the investors of Morning Consult?

    Investors of Morning Consult include Advance Venture Partners, Lupa Systems and Susquehanna Growth Equity.

  • Who are Morning Consult's competitors?

    Competitors of Morning Consult include Quilt.AI.

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