January 6, 2012 December capped a solid year of job growth as the economy generated positive hiring every month in the year for the first time since 2005. The private sector led the way, marking its most substantial growth in six years. This trend should continue, with the labor market generating gradual momentum during 2012 [...]
October 7, 2011 An uptick in hiring by private-sector employers in September yielded better-than-expected job growth in September. The positive results for the month, combined with upward revisions to July and August, confirm a trend of steady, though modest hiring that partially mitigates the potential for a new recession. Still, downside risks remain. The Eurozone [...]
September 2, 2011 Hiring flattened in August as the debt-ceiling gridlock gripped Capitol Hill and an Eastern Seaboard hurricane generated the first month of flat employment in 66 years. Fears of slow growth have now given way to suspicions of stagnation, compounded by the Fed’s incapacity to take substantive action and Congress’ inability to pass [...]
August 5, 2011 The July employment report offered a welcome respite from disconcerting global economic news and the protracted debt-ceiling debate in Washington. Despite private-sector payroll gains for 17 consecutive months, the pace of job creation remains tepid, reiterating continued caution among employers. The growth in payrolls last month, and upward revisions to May and [...]
