Archive for the ‘Jobs’ Category

Jobs Day: Slower payroll growth but faster wage growth as we get closer to full employment

February 5th, 2016

Job growth slowed in January, as the nation’s employers added 151,000 net new jobs, compared to over 250,000 in each of the prior three months. However, while slower job growth may be a function of recent market volatility and slower growth abroad, it is far too soon to draw any such conclusions from one month’s… Read more

So, you’re giving the SOTU…

January 11th, 2016

Which economic backdrop would you prefer? This one, from the last jobs report before President Obama’s first SOTU in Jan 2010? Or this one, from the last jobs report before President Obama’s SOTU tomorrow night? That’s of them there rhetorical questions…

3-2-1: Liftoff! Nothing in today’s solid jobs report to stop the Fed

December 4th, 2015

Payrolls were up 211,000 last month and the unemployment rate held steady at 5%, giving the Federal Reserve little reason to rethink their chartered course to commence interest-rate liftoff later this month. The prior two month’s job gains were revised up 35,000, with October’s gains now registered at 298,000, the strongest month so far this… Read more