Jobs report weaker than expected – Unemployment rate falls largely because 160,000 leave labor force.
The headline unemployment rate fell today but largely due to more than 160,000 people dropping out of the labor force. Headline jobs gained were 120,000 well below what the market was expecting. It is likely to be good news that the market was going on a holiday break. Employment is the backbone of any economy [...]
The employment sector over the last year has added jobs and all eyes will be on the jobs report this upcoming week. Although adding jobs is a definite plus for our economy the question still remains whether enough momentum is behind this trend to sustain full growth into 2012 and also going into 2013. Adding [...]
The economy is starting to pick up some steam in 2012. Job growth was widespread in the latest report. It can now be said that job growth is following a trend. The trend is still on very fragile ground as Europe goes deeper into recession. The US has now added jobs for well over a [...]