This is the second part of our on-going series where we examine the Survey of Business Owners (SBO) in detail and discuss how it can be utilized to understand the dynamics of the economy. The ultimate goal of this...
The labor market continued a sizzling pace of economic recovery in July. The economy created 209,000 new jobs while the unemployment rate edged up only incrementally from 6.1% to 6.2%. However, the latter increase...
Following the devastating effects of the last recession slow job recovery, government macroeconomic policies have concentrated almost exclusively on growing the economy. However, to restore and rebuild the quality of...
The Labor Department's Monthly Employment Report confirmed the US economy is no longer crawling but galloping forward; it created 192,000 new jobs in March. Unemployment remained at 6.7% and did not increase, despite...
The unemployment rate finally declined beneath the 7% threshold and reached 6.7% in December, according to the Labor Department’s Monthly Employment Report. However, the number of new jobs created was less than a...
ADP jobs report indicates 215,000 new jobs were created in November. This is good news for the economy but perhaps not so good news for the stock market. This is because it suggests the Fed may end its bond buying...
There are two major sources from which we gather data on employment and unemployment; the establishment survey and the household survey. The first showed a very positive trend and the second displayed and alarmingly...
Fifty years after the historic March on Washington (MOW), its designation as a “March for Jobs and Freedom” haunts us as a reminder of an unfinished agenda in the ongoing battle for justice and equality for African...
The Labor Department's March jobs report was a bad outcome. The market expected 190,000 new jobs to be created. Instead, only 95,000 jobs were added. The stock market euphoria was premature as the economy must now deal...
The January growth in jobs was disappointing and unemployment increased to 7.9%. The slow growth is caused by the political gridlock over the budget deficit which has dampened consumer confidence, decreased business...
