Entries filed under 'Labor'

    April Jobs Report: The Fed Implications

    May 2, 2014 11:14 AM by Zane Brown

    Could stronger-than-expected growth in nonfarm payrolls prompt the Fed to hike interest rates ahead of schedule?

    The Federal Reserve may be gratified by the implicit economic strength of the April  employment report, but it will look beyond the headlines to shape future monetary policy. 

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    Two Cheers for the April Jobs Report

    May 2, 2014 10:40 AM by Milton Ezrati

    While job growth rebounded from weather-related weakness, labor market fundamentals remain soft.

    The April employment report released May 2 gave spirits a lift after the earlier, dreary GDP report on April 30. The government announced that the U.S. economy added 288,000 jobs on the month, with the unemployment rate dropping to 6.3%. But the April report requires two points of context. 

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    The Labor Market's March Muddle

    April 5, 2014 10:08 AM by Milton Ezrati

    Mixed data in the monthly jobs report, including below-forecast payroll growth, underscore the sluggish recovery.

    At best, the jobs report for March is a mixed bag. On April 4, the Labor Department reported that nonfarm payrolls expanded 192,000 for the month, but a bounce was expected as a kind of a catchup for the weather-depressed rates of hiring in the three prior months. Accordingly, the consensus view of economists had expected 200,000 new jobs.  On that basis, this figure is mildly disappointing.

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