April 10, 2012 Job creation eased in March, but the monthly employment gain nonetheless capped the best first quarter of job growth in six years. Additions to payrolls confirm that the economic recovery is maintaining momentum, while some of the headwinds to growth appear to be subsiding. Gas prices, while higher than a few months [...]
March 19, 2012 February retail sales posted stronger-than-expected gains, underscoring consumer confidence and resiliency. The pace of spending growth improved from January’s disappointing 0.6 percent, recording the strongest gain in five months and following solid fourth-quarter GDP growth of 3.0 percent. Job growth has surpassed 200,000 for three consecutive months while initial jobless claims for [...]
March 14, 2012 Positive hiring trends continued in February with employers adding workers for the 17th consecutive month. Strong private-sector job growth propelled the recovery, encouraging workers to enter the labor force, while the prolonged government employment contraction appears to be coming to an end. The gradual recovery of the domestic economy has built some [...]
February 3, 2012 January employment gains significantly outpaced expectations, providing further evidence that the economy is on the mend. Hiring was broad-based, reinforcing the perception that the recovery is not reliant on a single sector, but the gains have yet to reach the levels necessary to significantly reduce the massive work force displacement created during [...]
