by Summary:
That's more or less the same pace of growth as before, and suggests that the slow recovery continues. The unemployment rate ticked up to 5%, since the labor force participation rate increased from previous month. (but still below the pre-recession level, as shown below). So in this case, a slightly higher rate of unemployment is not a bad thing. It means more people are confident they can find jobs. Notice that manufacturing employment has declined for the third month in row. This also might add to Yellen's reasons for being dovish, as discussed earlier this week.PS: Report here.
Topics:
Matias Vernengo considers the following as important: manufacturing, Slow recovery
This could be interesting, too:
That's more or less the same pace of growth as before, and suggests that the slow recovery continues. The unemployment rate ticked up to 5%, since the labor force participation rate increased from previous month. (but still below the pre-recession level, as shown below). So in this case, a slightly higher rate of unemployment is not a bad thing. It means more people are confident they can find jobs. Notice that manufacturing employment has declined for the third month in row. This also might add to Yellen's reasons for being dovish, as discussed earlier this week.PS: Report here.
Topics:
Matias Vernengo considers the following as important: manufacturing, Slow recovery
This could be interesting, too:
Bill Haskell writes US-China Decoupling
Angry Bear writes Coming to America . . . More Manufacturing
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Bill Haskell writes New Manufacturing and Quality Process at Boeing
That's more or less the same pace of growth as before, and suggests that the slow recovery continues. The unemployment rate ticked up to 5%, since the labor force participation rate increased from previous month. (but still below the pre-recession level, as shown below). So in this case, a slightly higher rate of unemployment is not a bad thing. It means more people are confident they can find jobs.
Notice that manufacturing employment has declined for the third month in row. This also might add to Yellen's reasons for being dovish, as discussed earlier this week.
Notice that manufacturing employment has declined for the third month in row. This also might add to Yellen's reasons for being dovish, as discussed earlier this week.
PS: Report here.