This week brings us the two monthly snapshots of employment: today's ADP data, and Friday's government report. Unfortunately ADP didn't get us off to a [more…]
Today's employment report looks good. It's as simple as that. We don't even need to spend time to pick apart its nuances. There aren't many.
I would be remiss not to remark on this week's employment news. The economy added a decent 155,000 jobs in December. Coincidentally that is almost [more…]
Don't you hate it when the best answer to that question is a variant of: "well, it depends"?
But it does.
It depends on whether [more…]
Today's government report on employment brings welcome news: the recovery is generating jobs, and the pace seems to be steady.
The economy created 171,000 new [more…]
Be careful with today's ADP report on private sector employment, a switch in methodology and economic forecasting partner could muddy the trend line for a [more…]
In a week of little news about the state of the economy, today's weekly report on new claims for unemployment assistance comes as a nice [more…]
Just a quick note on this morning's jobs report: the US unemployment rate dropped below 8%, it was 7.8% for September, down from August's 8.1%, [more…]
I am running out of ways to describe our economy. So today I am calling it a crab economy because it is still wandering about [more…]
So we end the week with a little more insight into consumer behavior. The numbers for August show a scant 0.1% rise in personal incomes, [more…]