Tag Archives: unemployment report

Will 2014 Be Best Employment Year Since 1999?

Posted on December 5, 2014 by Popular Economics Weekly

Popular Economics Weekly Calculated Risk’s Bill McBride has just come out with a noteworthy prediction. This could be the best year for private employment since 1999. “The consensus is the economy will add another 220 thousand jobs in November (215 … Continue reading →

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Jobless Rate Falls to 5.8 Percent—Why be unhappy?

Posted on November 7, 2014 by Popular Economics Weekly

Financial FAQs Weekly Nonfarm payroll jobs advanced 214,000 in October after gaining 256,000 September and 203,000 in August. Net revisions for August and September were up 31,000. The unemployment rate dipped to 5.8 percent in October from 5.9 percent in … Continue reading →

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Employment Report Won’t Cause Fed to Raise Rates

Posted on October 3, 2014 by Popular Economics Weekly

Financial FAQs Unemployment falls below 6% for first time since 2008 as U.S. adds 248,000 jobs said today’s MarketWatch headline at the release of the Labor Department’s September unemployment report. But it won’t be enough to push Janet Yellen’s Federal … Continue reading →

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Employment Up, Interest Rates Falling Again

Posted on October 2, 2014 by Popular Economics Weekly

Popular Economics Weekly We are still in the Goldilocks economy—it’s not too hot or too cold. In fact, there is enough geopolitical unrest (now it’s the Hong Kong youth protests against China’s hardliners) to drive down interest rates, and boost … Continue reading →

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Government Wasn’t the Problem

Posted on September 10, 2014 by Popular Economics Weekly

Popular Economics Weekly If the latest unemployment report tells us anything, it is that government isn’t the problem that has caused the weak U.S. recovery, but a private sector that is focused solely on maximizing profits for their investors and … Continue reading →

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Labor’s Day Not Celebrated?

Posted on September 5, 2014 by Popular Economics Weekly

Financial FAQs It looked like August’s unemployment report would celebrate this year’s Labor Day in a big way. We know it because most employment indicators point to many more jobs this year that also pay more. Starting with the August … Continue reading →

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Consumer Confidence Surging, Why Not Spending?

Posted on August 27, 2014 by Popular Economics Weekly

Popular Economics Weekly Consumer confidence is up led by strength in the current assessment, which points to gains for consumer readings in August. But why aren’t consumers spending more, if so? Auto sales are up, but retail sales overall are … Continue reading →

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More Jobs–What About Incomes?

Posted on August 2, 2014 by Popular Economics Weekly

Popular Economics Weekly The U.S. in July added 209,000 jobs last month outside the farm sector, the Labor Department said Friday. Although hiring tapered off after a 298,000 gain in June, the U.S. has generated at least 200,000 jobs in … Continue reading →

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What is Yellen’s Real Unemployment Rate?

Posted on July 3, 2014 by Popular Economics Weekly

Financial FAQs Fed Chairwoman Janet Yellen spoke with IMF President Christine Lagard at an epoch-making conference yesterday. It was epoch-making (with luminaries such a ex-Fed Chair Paul Volcker in attendance), because Ms. Yellen told us which unemployment rate she and … Continue reading →

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What is Employment Like in 2014?

Posted on June 5, 2014 by Popular Economics Weekly

Popular Economics Weekly Jobless claims fell sharply in the May 24 week, down 27,000 to 300,000. The 4-week average is down a very sharp 11,250 to a new recovery low of 311,500. It should mean we will see a further … Continue reading →

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