The May jobs report shocked pretty much everybody (in a good way). Without going into all the details about how the numbers are estimated, which makes the May report questionable, let's just say it is encouraging to see more people going back to work faster than economists expected. Whatever the
Do you ever wonder what the history books will say about 2020? How much space will really be dedicated to the last few months? I often think about that as I study history. Think of how relatively little space was dedicated to the Civil War or World War I back
The September employment report marked the first decline in the number of jobs 84 months. The last time our economy lost jobs was back in September 2010. That decline was due to the loss of temporary census jobs. Back then market participants did not care because Ben Bernanke had recently
We learned this morning the US added an estimated 227,000 jobs in the month of January. Of course we have both sides taking credit for this impressive number. The Democrats say it is the result of President Obama’s policies and cite the “record setting” job
Much debate has been circulating lately about what defines “full employment” or what “normal” growth looks like. The August Payrolls Report was right in line with what economists used to consider “normal” for “normal” economic growth. Looking at my Leading
