RSM

RSM Recent News

Delta Variant And Racial Gaps In Employment, Wages Persist
Employment rose by 235,000 jobs in August, and the unemployment rate declined by 0.2%, according to the most recent Bureau of Labor Statistics numbers. The unemployment rate now sits at 5.2%.
Jobless Claims Are Down, But The Labor Market Improvement Is Stagnating
Initial jobless claims were down by 14,000 to 385,000 during the week ending July 31, and the insured unemployment rate was at 2.1%, according to the most recent Department of Labor report. Jobless claims have continued to drop, but the improvement appears to be slowing.
Q2 Growth 'Nothing Short Of Virtuous': Economist
The coronavirus pandemic that began in 2020 and is persisting today has led many investors to hold poor market expectations. But maybe they shouldn’t be so pessimistic.
Why More Government Spending On Science, Technology Research Could Be Ahead
In the last four decades, the prevailing economic wisdom has emphasized tax cuts and low government spending, allowing the free market to solve most economic problems. But the Biden administration is looking to change that.
Economist Reacts To Flattening Yield Curve
The Federal Reserve shifted market expectations in a significant way on Wednesday with its updated dot plot projections and commentary related to inflation.
Pandemic Savings + Government Stimulus: What It All Means For The Stock Market And Economy
The SPDR S&P 500 ETF Trust (NYSE: SPY) is up more than 86% since the S&P hit its pandemic low in March 2020.
Do Millennials Care About The Stock Market?
Millennials have flooded into the stock market in droves in 2020, with popular trading apps such as Robinhood and WeBull reporting huge spikes in younger users. But despite a new generation of investors entering the market for the first time this year, the latest data from Goldman Sachs suggests millennials have a lot of catching up to do when it comes to investing.
New Jobless Claims Continue To Fall, But Exceed Estimates: 'They Turned Down The Heat In Hell'
Americans made 1.5 million new jobless claims in the week ending June 13, down 58,000 from the prior week, the Department of Labor said Thursday. The consensus expectation was for 1.3 million new filings.  The prior week's number was revised upward by 24,000 claims. 
Rocket Ship? Experts React To Shocking May Jobs Report
The SPDR S&P 500 ETF Trust (NYSE: SPY) gained 2.56% on Friday after the Labor Department reported one of the most surprising monthly jobs reports of all time.
What To Make Of The Historically Bad Jobs Report: 'Great Depression Levels Of Stress'
April brought the highest unemployment rate — and monthly rate increase — since the Great Depression. And the lowest labor force participation rate since 1973. And the lowest employment-to-population ratio since the U.S. began tracking seasonally adjusted data in 1948.
US Adds 145K Jobs In December, Wage And Labor Market Gains Consistent With Fed's Outlook
Why Oil And Gas Stocks Respond To Political Unrest
Jobs Report Blows Expectations Out Of The Water
Trump Administration Expected To Propose 15 Percent Corporate Tax Rate
March Jobs Miss 'More Noise Than Signal'
Fed Moves Markets With First Rate Hike Of 2017: 'Beautiful Normalization'
Why The Case For A Border Adjustment Tax Relies On A Questionable Assumption
A Decade Of GDP Slowdown: Will Trump Turn It Around?
Why The May Jobs Report Should Be 'Taken With A Grain Of Salt'
Fed Says It May Hike Rates In June, But Will It Actually Follow Through?
Brusuelas: The Fed Has 'Abandoned' Its Data Dependent Position
Retail Investors Hit The Sell Button Following Inline Data Points