Archive for the ‘Jobs’ Category

July Jobs Report: First Impressions

August 1st, 2014

Payrolls grew by 209,000 last month and the unemployment rate ticked up to 6.2% according to today’s report from the Bureau of Labor Statistics. The payroll gain was below expectations of around 235,000, and well below June’s upwardly revised gain of 298,000. However, while the payroll number is somewhat disappointing, given the jumpiness of monthly… Read more

Heads Up: It’s Jobs Tomorrow…again

July 31st, 2014

Here’s the expectations table from Bloomberg:   Source: Bloomberg Jobs-watcher extraordinaire Heidi Shierholz asks this of tomorrow’s report: …have we really kicked it into higher gear? A jobs number north of 270,000 would be a pretty clear sign that the answer is yes—but anything much less than that would push us back to “we have to wait… Read more

Parsing the Fed

July 30th, 2014

Fed porn. That’s what a guy I know who covers the Fed calls minutiae of the type I’m about to share with you. So be forewarned, but tracking the entrails of statements by the central bank is an occupational requirement. It’s also made a whole lot easier by the Wall St. Journal’s Fed tracker, which allows… Read more