10 Mar 2017

Posted at 10:08h in The Friday Brief by
The US added 235,000 jobs in February, nearly 20% more than expected by economists. Unemployment fell to 4.7%, even as the number of Americans rejoining the workforce, measured by the labor participation rate, increased.

02 Aug 2013

Posted at 15:26h in The Friday Brief by
Our economy is not ready to stand on its own according to the Federal Reserve as of its latest meeting ended Wednesday of this week. In fact, they believe it is not expanding as fast as earlier hoped, as they downgraded their characterization of growth from "a modest pace" to "a moderate pace." Their focus remains on the labor market which we learned today failed to meet expectations.

31 May 2013

Posted at 15:42h in Blogs by
Thank you for checking in. We've included a few of the articles we've come across this week we thought you might enjoy. Please let us know if there are areas you would like added to our mix.

08 Jul 2005

Posted at 15:11h in The Friday Brief by
The economy is growing fast enough to create jobs, but not so fast to cause significant inflationary pressures.  The nation’s unemployment rate dropped to 5% in June from 5.1% in May.  Cutbacks at auto factories kept the payroll growth of 146,000 new jobs, below the expected 200,000, but the last two months’ job growth numbers were revised significantly upward, improving the job growth picture.