Archive for the ‘Jobs’ Category

Jobs day–first impressions: 2014 was a solid year for job growth and less fiscal drag was a big factor.

January 9th, 2015

US payrolls grew by 252,000 last month and by 2.95 million over 2014, making last year the strongest year for job since 1999 (that’s comparing Dec-over-Dec). Below, I offer some thoughts as to one reason why the 2014 job market outperformed earlier years in the recovery. Payroll growth was notably strong in this report. November’s… Read more

Jobs day tomorrow!

January 8th, 2015

Seems like it’s been a while, as jobs day comes a bit late this month. With December’s data we get the first look at 2014 full-year, and almost any way you cut it, 2014 will be a relatively strong year for job growth. EG, if we hit the consensus for December payrolls of around 240,000,… Read more