American employment continued to rebound in April, with the strongest private-sector rise in more than five years. While overall job gains are still tepid versus average gains in prior U.S. economic recoveries, the stronger data of recent months is most welcome. The U.S. economy added an estimated 244,000 net new jobs in April, more than [...]
Archive of posts tagged employment change
Jobs
The story is getting old… …the latest employment report was a downer, especially when compared to the garden variety of data supporting the notion that the U.S. economy is gaining strength. Stronger U.S. job gains are coming soon! The U.S. economy added a disappointing 103,000 net new jobs during December, roughly 60,000 less than expected. [...]
Outlook 2011
The U.S. Economy While the American economy has now registered growth for five consecutive quarters, the pace of that growth has been meager, averaging a 2.9% real (after inflation) annual rate…and just a 2.1% rate during the past two quarters. Such growth trails the average 3.6% real annual growth pace of the past 30 years. [...]
Two Steps Forward
Of the three major economic and financial developments of the past week two could be viewed positively, while one falls into the “wait and see” camp. First up, American job creation was better than expected during the month of October. In addition, employment data of the two prior months was revised to be less ugly. [...]
Steroid Failure
One more time around the dismal American job creation track as employment data continues to disappoint. The combination of massive government spending and unprecedented monetary stimulus has largely failed to ignite the economy Too bad such economic “steroids” have been packaged with the Administration’s anti-business rhetoric and actions of the past two years. The weak [...]
Less “Double Dip”
U.S. employment data remained on the weak side in August. At the same time, revisions to prior data, as well as slightly-stronger-than-expected new information regarding manufacturing, consumer confidence, and retail sales, has lessened talk of another downturn—the infamous double dip—in coming months. The American economy suffered a net loss of 54,000 jobs in August, less [...]
Job Somber
U.S. employment news was disappointing again in July. American business leaders simply remain wary of Washington’s anti-business stance and rhetoric…and prefer to enhance earnings through cost-cutting investments in technology and finding more creative ways to maximize current employment levels. The American economy lost 131,000 net jobs in July, about 70,000 worse than expected. The loss [...]
A Tale of Two Surveys
U.S. employment data for the month of January had something for everyone, and was a bit confusing… …this is, after all, your government at work The “official” data as reported by the U.S. Department of Labor, Bureau of Labor Statistics noted that total employment declined by 20,000 net jobs during January. Most forecasts expected a [...]
Job Challenge
December’s overall employment report can be placed in the “disappointing” pile, with most of the components coming up short. Still, there were additional signs that consistent, if not robust, U.S. job creation is expected sooner rather than later. The American economy lost another 85,000 net jobs in December, worse than the consensus forecast of little [...]
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