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Jobs Report Surprises To The Downside
Friday, September 5, 2014 - 8:52am | 375The Bureau of Labor Statistics reported that Nonfarm Payrolls, which is one of the most closely-followed gauges regarding the state of the economy, increased by just 142K in the month of August. The increase in the number of new jobs was well below the consensus estimates for an increase of...
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Goldman On The Affordable Care Act And Labor Force Participation
Wednesday, May 14, 2014 - 3:24pm | 279Goldman Sachs (NYSE: GS) released a note Wednesday morning on the impacts of the Affordable Care Act on the Labor Force Participation rate. Since the 2008 recession, as America has aged and as the labor market deteriorated, the participation rate dropped from 66.1 percent to 62.8 percent most...
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Non-Farm Payrolls Drop in January, Unemployment Rate Rises
Friday, February 1, 2013 - 10:04am | 545Non-Farm Payrolls in January fell to 157,000 from an upwardly revised 196,000 in December, according the Bureau of Labor Statistics. Economists had been looking for a reading of 160,000 in January. Private payrolls, those jobs of the private sector excluding the government, rose 166,000 from an...
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Atlanta Fed Tackles Falling Labor Force Participation
Monday, August 6, 2012 - 2:23pm | 508Since the late 1990s, the labor force participation rate has been steadily declining. However, since 2008, this rate of decline has accelerated. The Atlanta Fed published a drat paper on Monday analyzing these trends and trying to discover the root causes of the decline in the labor force...