The latest jobless report illustrates the devastation caused by COVID-19, as the U.S. Bureau of Labor Statistics released the worst unemployment numbers in the nation’s history. Nonfarm jobs fell by 20.5 million in April, and the unemployment rate rose to 14.7 percent from a half-century low...
What to make of the jobs and wages data that, newly in the rearview mirror, are harbingers, or not, of things to come on the employment front? To recap, the March jobs report was glaring as a miss versus consensus, at a 98,000 gain, below...
July 09, 2020
St. Louis Federal Reserve President James Bullard put in a vote of confidence for the U.S. economy on Wednesday (July 8), saying that the unemployment rate could fall as low as 7 percent by the end of 2020, according to CNBC. The unemployment rate is currently at 11.1 percent, a post-World War II high for […]
May 08, 2020
The latest jobless report illustrates the devastation caused by COVID-19, as the U.S. Bureau of Labor Statistics released the worst unemployment numbers in the nation’s history. Nonfarm jobs fell by 20.5...
April 13, 2017
What to make of the jobs and wages data that, newly in the rearview mirror, are harbingers, or not, of things to come on the employment front? To recap, the...