Posts Tagged ‘employment’

Still A Mixed Picture For US Jobs

Last Friday’s November nonfarm payrolls release was far more positive than the market – or I – expected. The headline numbers portrayed a significant improvement in the labour market situation, or, at least, a decline in the pace of deterioration. The unemployment rate was down from 10.2% in October to 10.0% in November, and nonfarm… [Read more]

Another ‘Lost Decade’ For US Employment?

With the US economy emerging out of recession, a big question will be what happens to the labour market. The US continues to record job losses every month, despite signs that real GDP is returning to positive growth, and while unemployment tends to be a lagging indicator, BMI’s Tim Cooper notes that underlying structural shifts… [Read more]

 
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