Tag Archives: Employment

Economy Shows Surprising Vigor Despite Federal Government Impasse

November 8, 2013 Employers shrugged off the federal government shutdown last month to hire workers at a rate exceeding even the most optimistic expectations. Despite facing constant and varied headwinds throughout the year, the economic and employment recovery appear quite broad and self-sustaining, setting the stage for potentially greater economic growth in the fourth quarter. […]

Hiring Outperforms Expectations in Second Quarter, All Eyes Trained on Fed

July 8, 2013 Stronger than expected private-sector job growth in June, together with upward revisions to the prior two months, closed out a strong employment market for the first half of 2013. Although the unemployment rate did not fall, the stout pace of job creation raises the probability that the Fed will ease back its […]

Hiring Exceeds Expectations, but Recovery Remains Modest Amidst Numerous Headwinds

June 7, 2013 Hiring in May closely tracked the year-long trend of steady, though unremarkable growth in payrolls. The private sector continues to show considerable resiliency in the face of government spending cuts, political gridlock in Washington and difficulties in Europe. With the stock market rising and the housing market on the upswing, consumers continue […]

Hiring Gains Momentum as Unemployment Claims Fall; Sequester Still a Wild Card

March 15, 2013 Fears of the federal sequester did little to deter private-sector employers from dramatically boosting job creation last month, providing further evidence that the job market is building momentum. This trend has been reiterated by a drop in first-time unemployment claims, with the four-week moving average tightening to a new post-recession low. Although […]

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