Category Archives: The Economy

Job Creation Tops June 2018 Consensus — 213,000 New Jobs Created, Unemployment Rate Rises to 4.0 Percent, Wages Tick Up 2.7 Percent

Jobs are everything.  Period.  Ongoing good news is that job growth continues to look up. The U.S. added 213,000 net new jobs (preliminary) in June 2018.  The unemployment rate edged up from 3.8 percent in May to 4.0 percent as 204,000 added reentrants came back to the job market.  Reentrants are people that previously worked …Read more

Job Growth in May 2018 posts a 223,000 Net Job Gain, Up 1.61 Percent Versus a Year Ago, Unemployment Rate Drops to 3.8 Percent – Lowest in 18 Years

Jobs are everything.  Period.  Good news is that things are looking up. The U.S. added 223,000 net new jobs (preliminary) in May 2018, the best May gain since 2015.  The unemployment rate dropped to 3.8 percent, a level last seen in April 2000 and matches a 50-year low.  In the latest 12-months, the U.S. added …Read more