The Wall Street Journal reported, “The final full month of President Barack Obama’s term was the 75th straight month U.S. employers added jobs. That extended the longest such stretch on record back to 1939. The unemployment rate was at the…
Tag: Economy
Gig economy jobs growing faster than traditional employment, new study says
Employment in the gig economy is growing faster than payroll employment, according to a new study.
Consumer Confidence Remains High for September
Rebounding slightly in September, US Manufacturing continues to maintain the mildly positive pace that it’s been on all year. Obviously, certain industries are doing better that others, but consumer confidence continues to rise. Lynn Franco, Director of Economic Indicators at…
New Jobs and 95.1% Employment Rate for July
US unemployment held steady at 4.9% for July with 255,000 new jobs added for the month. While we continue to deal with the fallout from the ups and downs of the oil & gas industry, international currency fluctuations, and national…
Cautious Optimism Over Lower Unemployment Numbers
“The economy is on track to grow more than 2% in the second quarter, powered by rising home sales and steady consumer spending on an array of other goods and services.” Overall US unemployment is down to 4.7% which is…
April Is Slow Growing
Spring is here, but cooler temperatures and rainy weather seem to have slowed down normal seasonal trends. “Slight growth” is probably the best way to describe the growth for U.S. manufacturers in April. The upside is that the overall US…
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…
Fed raises interest rates in U.S.
The Federal Reserve unanimously voted to raise interest rates for the first time in close to a decade.
U.S. economy posts improved growth rate
The Commerce Department revised the growth rate of the U.S. economy in the third quarter.
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…