After reporting some contraction over the last five months, US manufacturing activity in February showed signs of a bounce back in the most recent ISM Manufacturing index. “Brad Holcomb, chair of the ISM Manufacturing Survey Business Committee, said in an…
Tag: Employment
Unemployment Sneaks Down To 4.9%
While global economic fluctuations sent the stock market on a wild ride in January, the US unemployment rate dropped another 0.1% to 4.9%, which is its lowest level since February 2008. Economists are projecting some more wage and inflation pressure…
US Down To 5% Unemployment
Manufacturing has been flat the last couple of months, but the overall economy seems to be doing well. We are now at 5% unemployment which is considered the threshold for full employment by the Fed and many private economists. This…
The Talent Gap Widens
Even with the recent fluctuations in Chinese and European economies, US Manufacturers are still seeing growth throughout most segments, and economists expect that trend to continue. More and more manufacturing executives are concerned about attracting, training, and retaining talent to…
Fundamental Economic Data Still Strong
US Unemployment is at record lows, but may be sneaking up a little in the next few weeks as global markets fluctuate a bit. At 5.3%, unemployment is now almost half of its peak of 10% in October 2009. The…
Wages Are Starting To Rise
Recent reports showed that US employers added 3.1 million jobs in 2014, which was the strongest year of payrolls growth since 1999. The US unemployment rate fell to 5.6% by the end of 2014, down from 6.7% in December 2013. …
Salaries Trending Up Again
Salaries Trending Up Again US unemployment edged down to 5.5% in February. Manufacturers added over 8000 new jobs. Even as the strength of the US Dollar has cut into global profits, there continues to be an increase in new orders…
The War For Talent Is Heating Up
The War For Talent is Heating Up 2014 was the strongest year for job gains in the US since 1999, and job openings data shows that STEM (Science, Technology, Engineering, and Math) skills are in high demand among employers. Unemployment…
More Good Economic News
December 2014 was another good month. US unemployment figures edged down in December from 5.8% to 5.6%, and US Manufacturing ended the year strong with an increase in activity. With continued growth in consumer sales and production demands along with…
Best Year for Job Growth in Last 15 years
2014 is on track for its strongest year of job creation in the US since 1999. The labor Department reported that November was strongest month of hiring in the US since January 2012. They also revised their numbers for September…