Jobs Report – Good News or Bad?

Jobs Report – Good News or Bad?

WAS JOBS REPORT GOOD NEWS… OR WASN’T IT? The U.S. unemployment rate ticked higher last week. The September jobs report showed the United States added 156,000 new jobs in September. That was 16,000 fewer than economists were expecting and 11,000 fewer than...
Employment & Probability of a Fed Rate Hike

Employment & Probability of a Fed Rate Hike

Statistics means never having to say your certain… and that was certainly true last week. The employment report, which was released on Friday, was a bit short on jobs. Analysts had predicted employers would add about 162,000 new jobs during May, according to...
The News Is More Good Than Bad

The News Is More Good Than Bad

So Why is Everyone Crying? There was bad news and good news in last Friday’s unemployment report. In the negative column, fewer jobs were created in the United States than economists had predicted, and January’s jobs gains were not as strong as December’s had been. In...
Full Employment

Full Employment

And, the Bureau of Labor Statistics (BLS) said… U.S. job growth surpassed expectations in October. About 271,000 jobs were created across diverse industries: professional and business services, health care, retail, construction, and others.  That was a significantly...
Is a “Gig” a job, or just an odd-job?

Is a “Gig” a job, or just an odd-job?

How do we weigh the trend towards the “Gig” employment in the employment statistics? A recent article in The Economist examined the “gig” economy. You know, people selling crafts online, offering their services as taxi drivers, renting their cars and spare...
The Unemployment Tea Leaves

The Unemployment Tea Leaves

Reading The Unemployment Tea Leaves Americans have long relied on unemployment statistics to provide insights to our country’s economic health. The Richmond Federal Reserve defined full employment as “the level of employment at which virtually anyone who wants to work...

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