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What Does The Job Market Look Like For 2020? Indeed Data Sheds Some Light
Monday, July 13, 2020 - 4:05pm | 440Read More...The U.S. saw an increase of over 400,000 jobs in May from April's historic lows. With unemployment still in the double digits, and topping 20% in some states, you might wonder more about the jobs that are being created. We turned to Indeed Hiring Lab to answer this question. Who’s...
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First Jobs Report Under President Trump Sets Stage For Rate Hike
Friday, March 10, 2017 - 11:56am | 471Read More...The first monthly jobs report under President Donald Trump is officially in, and it’s a good one. On Friday morning, the Bureau of Labor Statistics reported the U.S. economy added 235,000 jobs in February, and the U.S. unemployment rate declined to 4.7 percent. The jobs number came in well...
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What Does October Jobs Report Mean For Consumer Morale And Spending?
Friday, November 4, 2016 - 11:23am | 729Read More...Jobs Friday is on us yet again, and this time around, the normal hype around this monthly release is muted. The reason: Many see this numbers as having very little impact on the Fed's monetary policy outlook. This being the presidential election year, economists widely believe the central bank may...
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Kolko On Jobs Report: The Least Well-Off Took A Step Back In September
Friday, October 7, 2016 - 1:15pm | 319Read More...Jed Kolko, chief economist for the job site Indeed, commented on Friday's jobs report, which he described as being "solid enough" but not a "gangbuster" report. Friday's jobs report showed that the U.S. economy added 156,000 jobs in September, and the unemployment rate remained unchanged at 5.0...
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What Does The Blowout June Jobs Report Mean For Investors?
Friday, July 8, 2016 - 9:43am | 359Read More...Economists who had been speculating that the sluggish U.S. May jobs report was simply an outlier are feeling quite vindicated on Friday. The U.S. economy bounced back in a major way in June by adding 287,000 jobs, well above consensus expectations of 175,000. The unemployment rate rose slightly...
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Now That Brexit Happened, Experts Are Worried About Earnings And Jobs
Friday, June 24, 2016 - 3:19pm | 638Read More...Well, much to everyone's surprise, we actually got a Brexit. The market reacted as expected following a big shock, and finance Twitter Inc (NSYE: TWTR) had a field day. But now that the initial wave is over, Benzinga're turning attention to what's next. Will the market bounce all the...
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Reactions To The Fed's Decision Not To Increase Rates: Like A Child Trying To Ride A Bike?
Wednesday, June 15, 2016 - 3:23pm | 496Read More...The Federal Open Market Committee on Wednesday left interest rates at 0.5 percent. After trimming its growth outlook for 2016 and 2017, the Committee suggested it still has plans for two rate hikes this year, citing expectations of a recuperation in the U.S. jobs market. Following the Fed...
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DeVry: Creating A Workforce Or Cutting Employees?
Wednesday, March 30, 2016 - 2:36pm | 664Read More...The for-profit education industry has long been in decline. Over the past five years, these post-secondary education stocks have tumbled. Many take note of the demise of Corinthian Colleges, whose stock once traded as high as $35.81 in 2004 before being delisted in February 2015, as a warning...
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Markets Jump On Strong Jobs Numbers; Economist Says This Signals First Rate Hike In Seven Years
Friday, December 4, 2015 - 11:36am | 400Read More...U.S. equities jumped higher on Friday after the U.S. Bureau of Labor Statistics said the U.S. economy added 211,000 jobs in November – exceeding estimates of 200,000. The U.S. unemployment rate held steady at 5 percent, a seven-year low. Tara Sinclair, Chief Economist for the job...
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Mohamed El-Erian: October's 'Comprehensively Strong' Jobs Report Supports A December Rate Hike
Friday, November 6, 2015 - 11:01am | 460Read More...US October jobs data were better than expected when it was reported on Friday. The unemployment rate, private payrolls, and nonfarm payrolls data all improved month-over-month. Mohammed El-Erian, Allianz's Chief Economist, told Benzinga that the "comprehensively strong"...
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Tara Sinclair: The Fed May 'Really Be Out Of Gas' In Terms Of What It Can Do To Help The Economy
Saturday, October 3, 2015 - 9:32am | 441Read More...USA Nonfarm payrolls for September rose 142,000, falling short of the consensus estimate (203,000) and last month's reading (173,000). Tara Sinclair, chief economist for Indeed said that the jobs number was "disappointing" and may contradict with the "strong job growth" on Indeed. Sinclair...
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3 Very Different Reactions To The FOMC Rate Decision
Thursday, September 17, 2015 - 4:27pm | 718Read More...After plenty of anticipation, the FOMC has finally met, ultimately deciding to keep interest rates unchanged and at record lows. The Fed cited a few reasons behind this decision, including the sluggishness in the global economy, low inflation in the United States and recovering housing and labor...
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Jobs Report Makes Case For A 'New Normal' And A Fed Rate Hike
Friday, September 4, 2015 - 11:05am | 348Read More...The United States economy added 173,000 jobs in August, but the latest jobs report did very little to shed light on whether or not the Federal Reserve will or should begin raising interest rates later this month. While those that argue against a rate hike point to slow wage growth and...
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Indeed Chief Economist Tara Sinclair's View Of Friday's Jobs Report
Thursday, September 3, 2015 - 1:27pm | 549Read More...Benzinga recently spoke with Tara Sinclair, chief economist at Indeed – the largest job site in the world – about the monthly jobs report, which will be published on Friday. The expert noted that this is an especially important jobs number, "because the Fed is looking at every...
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A Jobs Economist Responds To William Dudley's Concerns About The Labor Force
Wednesday, August 12, 2015 - 4:44pm | 317Read More...In a speech at the Rochester Business Alliance on Monday, New York Federal Reserve President William Dudley highlighted what he believed to be structural problems within the U.S. labor force. He emphasized the need for American firms to invest in workforce development in order to prepare...
