Employment Outlook
Stagnant Jobs Growth is a Sobering Reality Check
The Labor Department's March jobs report was a bad outcome. The market expected 190,000 new jobs to be created. Instead, only 95,000 jobs were added. The stock market euphoria was premature as the economy must now deal with the real effects of sequester.
read moreDisappointing 7.9% Unemployment Reflects Political Gridlock Over Deficit
The January growth in jobs was disappointing and unemployment increased to 7.9%. The slow growth is caused by the political gridlock over the budget deficit which has dampened consumer confidence, decreased business investment and reduced personal spending.
read moreDecember Unemployment of 7.8% means Economy on a Treadmill
The new jobs report December 2012 suggests little progress was made in job creation over the last month. The unemployment rate for December and November was 7.8%. After surprising declines over the last five months, decreases in unemployment have stopped.
read moreVideo of GazelleIndex CEO on CNN –November Unemployment
Video of Gazelle Index CEO Danny Boston on the November Jobs Report. The economy created 146,000 jobs in November; twice as many as were predicted and unemployment declined to 7.7%.
read moreWhy November Unemployment Declined to 7.7%
The November Labor Department Jobs Report was a surprise showing the economy created 146,000 jobs, even more than in October. The unemployment rate declined to 7.7% overall, 6.8% for whites and 13.2% for blacks.
read moreOctober Jobs Report gets a Grade of B
The economy added 171,000 jobs in October, many more than analysts expected, and unemployment edged up to 7.9% because so many persons re-entered the labor market. The number of jobs created in Sept. was revised up by 30%.
read moreThe 7.8% Unemployment Rate Controversy – a Teaching Moment
Analysts appeared perplexed when explaining the sudden drop in unemployment - given that only 114,000 new jobs were created. We explain why this occurred.
read moreSeptember Unemployment Report Beats Forecast
Forget the conspiracy theories, the September unemployment report was such a surprise because most analysts had failed to see the underlying strength in the economy in the past.
read moreFewer Jobs in August, but Stronger Economy: A Tale of Two Cities
The unemployment rate declined from 8.3% in July to 8.1% in August. The decline was caused by workers dropping out of the labor market. The number of new jobs created, 96,000, was less than expected.
read moreCNN’s Suzanne Malveaux Interviews CEO Boston regarding July Unemployment
The unemployment rate for July increased from 8.2% to 8.3%. Yet, the overall report was good news. Listen to Gazelle Index CEO Danny Boston discuss the issues behind the numbers to discuss the broader significance.
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