Tag: joblessness
Take the ADP Jobs Number With a Boulder of Salt
by Dan Burrows on Jan.05, 2011, under Towing
ADP excludes government jobs. It’s also notoriously volatile and has a history of big misses in forecasting the official Labor Department payroll report. But perhaps most important is that it just doesn’t jibe with other recent data points — or the recovery’s pace.
Continue reading Take the ADP Jobs Number With a Boulder of Salt
Take the ADP Jobs Number With a Boulder of Salt originally appeared on DailyFinance on Wed, 05 Jan 2011 15:25:00.
Fed Minutes: U.S. Economy Not Strong Enough to Wind Down QE2
by Joseph Lazzaro on Jan.04, 2011, under Towing
The U.S. economy has strengthened, but not enough for the government to pare down its bond-buying program, according to the latest Fed minutes. In late 2010, investments rose and the job market improved — but the housing market remained depressed.
Continue reading Fed Minutes: U.S. Economy Not Strong Enough to Wind Down QE2
Fed Minutes: U.S. Economy Not Strong Enough to Wind Down QE2 originally appeared on DailyFinance on Tue, 04 Jan 2011 19:15:00.
Filed Under: Economy, People, Investing, Real Estate, Taxes, Careers
Job Growth Is Likely Next Year. The Question Is: How Much?
by Charles Wallace on Dec.30, 2010, under Towing
Economists generally expect employers to steadily add more workers in 2011, perhaps as many as 250,000 a month by year-end. However, with so many long-term unemployed returning to the market, the jobless rate could still outpace those new positions.
Continue reading Job Growth Is Likely Next Year. The Question Is: How Much?
Job Growth Is Likely Next Year. The Question Is: How Much? originally appeared on DailyFinance on Thu, 30 Dec 2010 06:30:00.
Housing Starts Growth Beats Expectations in November
by Joseph Lazzaro on Dec.16, 2010, under Towing
The humbled housing sector took a modest step forward last month as starts rose a better-than-predicted 3.9% to a 530,000-unit annual rate. Still, at the current pace, the nation is 18 to 24 months from seeing normal levels of homebuilding.
Continue reading Housing Starts Growth Beats Expectations in November
Housing Starts Growth Beats Expectations in November originally appeared on DailyFinance on Thu, 16 Dec 2010 11:05:00.
Filed Under: Economy, Real Estate
People@Work: Holiday Hiring Takes a Hit, Despite a Brighter Economy
by David Schepp on Dec.06, 2010, under Towing
Retailers and shipping companies are adding fewer new jobs than they did a year ago. One reason: employers began shopping for seasonal workers earlier than usual, boosting hiring in October. But if holiday retail sales hold up, it could equal more hiring in December.
Continue reading People@Work: Holiday Hiring Takes a Hit, Despite a Brighter Economy
People@Work: Holiday Hiring Takes a Hit, Despite a Brighter Economy originally appeared on DailyFinance on Mon, 06 Dec 2010 08:30:00.
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