Open side-bar Menu
 The AEC Lens

Posts Tagged ‘rate hike’

A Bit More Ammunition for a Fed Rate Hike from March’s U.S. Jobs Report

Friday, April 1st, 2016

Article source: CMDGroup

In March, the size of the U.S. labor force rose by nearly 400,000, as many working-age people who were previously on the sidelines jumped back into the job hunt.

As a consequence, the participation rate rose to 63.0%, a climb of 0.3 percentage points since the start of the year’s level of 62.7%.

Both developments are votes of confidence in possible employee prospects. They indicate more out-of-work individuals now feel they have a better shot at finding a welcoming face, corporate or otherwise, to pay them a living.

This notion received a boost from March’s month-to-month gain in the total number of non-farm jobs in the economy, +215,000, as reported by the Bureau of Labor Statistics (BLS).

Furthermore, the total employment increase was widely dispersed among industry categories, with payrolls in ‘education and health’ (+51,000) increasing the most; but with ‘retail trade’ (+48,000) and ‘leisure and hospitality’ (+40,000) not that far behind.

(more…)

October’s Jobs Report: Terrific for U.S.; Maybe Marvelous for Canada

Friday, November 6th, 2015

Article source: CMDGroup

There were worries after the issuance of labor market reports for August and September that indicated month-to-month job creation in the U.S. was slowing to +150,000 or less.

October’s data from the Bureau of Labor Statistics (BLS) sends those clouds scurrying away.

The BLS says the latest net increase in jobs was +271,000, the greatest gain in any month so far this year. It lifts the average in 2015, with only November and December still remaining, to +206,000.

While 2014’s monthly average, January to October, was somewhat faster, at +236,000, a figure of +200,000 or higher warrants an enthusiastic response.

America’s jobless rate now sits at 5.0%, a marginal decline from September’s 5.1%, but more significantly down versus October 2014’s 5.7%.

Unless some other statistics on the U.S. economy (e.g., retail trade) come in far worse than expected, the Federal Reserve will now almost assuredly begin to take action on interest rates at the December meeting of its Open Market Committee (FOMC).

(more…)

GRAPHISOFT: ARCHICAD download 30-day FREE trial
Graphisoft ARCHICAD  Download a 30-Day FREE trial
TurboCAD pro : Start at $299
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2016 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy