the economy
The economy ebbs and flows, but whether it’s strengthening or weakening, we report on how it affects you.
U.N. Expert blasts Trump for treatment of poor; uses only Obama-era statistics
A United Nations human rights investigator railed against the Trump administration saying that their policies were removing protections from the…
Read More »Nancy Pelosi Doesn’t Think Lower Unemployment, More Jobs Is A Good Thing
by Robert Donachie House Minority Leader Nancy Pelosi doesn’t think Friday’s stellar jobs report is a good thing because…
Read More »223,000 new jobs in May; Unemployment at lowest since 1969
Total nonfarm payroll employment increased by 223,000 in May, and the unemployment rate edged down to 3.8 percent, the lowest…
Read More »US IT Sector Records Fourth Consecutive Month of Job Growth
The U.S. information technology (IT) sector added an estimated 8,700 new jobs in May, the fourth consecutive month of employment…
Read More »Strong late cycle job growth trend shows more signs of boosting wages
The US labor market continues to tighten as the creation of 223,000 jobs in May helped drive the unemployment rate…
Read More »Trump Effect: Manufacturing sector continues expansion in May
New Orders, Production, and Employment Growing Supplier Deliveries Slowing at Faster Rate; Backlog Growing Raw Materials Inventories Growing; Customers’ Inventories…
Read More »Summer Hiring is Expected to be Hot for the Second Year in a Row
41 percent of employers plan to hire summer workers; the majority will consider summer hires for permanent positions 25 percent…
Read More »Record Number Of Small Businesses Are Raising Wages Amid Tight Labor Market
by Will Racke A greater share of small companies in the U.S. are raising wages than at any time…
Read More »Private Sector Employment Increased by 178,000 Jobs in May
Private sector employment increased by 178,000 jobs from April to May according to the May ADP National Employment Report®. Broadly distributed…
Read More »Consumer Confidence up in May
Consumer confidence, as measured by The Conference Board Consumer Confidence Index, increased in May, following a modest decline in April (after…
Read More »Trump Effect: The US Overtakes Hong Kong at First Place Among World’s Most Competitive Economies
The 2018 IMD World Competitiveness Rankings emphasize a long-term trend highlighted in past editions – that the countries on the top of…
Read More »Trump Effect: Summer Hiring Strongest in a Decade; Employers Turning to Benefits and Wages to Compete for Workers
A new survey revealed that the overwhelming majority (95 percent) of employers are adding more shifts this summer and more than…
Read More »Truck Tonnage Index Increased 2.2% in April, 9.5% year-over-year
All of the recent economic indicators, current and forward-looking have demonstrated that the Trump administration’s America First agenda is having…
Read More »Trump Effect: U.S. CEOs’ Confidence Soars As Hunt For Sustained Growth Continues
U.S. chief executives are highly confident in the growth prospects for their companies over the next three years and will…
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