improving economy

Should the Decline in Jobs Growth Be a Concern?

September 9, 2014

Last Friday, the Labor Department released the jobs report for August. This widely followed monthly report contains both the unemployment rate and the number of nonfarm jobs created during the prior month. Analysts expected a drop in the unemployment rate from 6.2% to 6.1% and they got it. The drop was mainly due to a decrease in the labor participation rate, which has been trending lower as more and more boomers reach retirement age.

For the jobs reports, analysts were way off with their forecast. Analysts were expecting 230,000 new jobs, but only 142,000 new jobs were created. The stock market actually went up following the news because investors viewed slowing jobs growth as a reason that the Federal Reserve would delay interest rate increases. (more…)

No Summer Vacation for Markets & News

August 5, 2014

While summer is in full swing for many, economic and corporate reports did not take the week off last week. It was an exceptionally busy week as over 140 S&P 500 companies reported earnings, the Federal Reserve met and a number of key reports were released. Let’s recap some of the key updates: (more…)