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July 2018 The latest Gross Domestic Product (GDP) figures indicate that the US economy expanded an annualized 4.1 percent on quarter in the second quarter of 2018, below market expectations of 4.4 percent. This rate was the strongest since 2014. There is some doubt that another 4 percent quarterly gain will occur again anytime
Read moreJune 2018 The United States average hourly earnings for all employees on private nonfarm payrolls rose by $0.08 to $26.92, or 0.3 percent, in May 2018 and increased by $0.71 or 2.7% from the previous year. Average hourly earnings of private-sector production and nonsupervisory employees increased by $0.07 cents to $22.59 in May and increased
Read moreJune 2018 Jobs Report According to the United States Bureau of Labor Statistics, the U.S. employment rate for May 2018 was 3.8, the lowest rate since April 2000. This rate was also below market expectations of 3.9 percent. The number of unemployed dropped by 281 thousand to 6.07 million for the month (Civilian Unemployment Rate). The
Read moreApril 2018 Jobs Report According to the United States Bureau of Labor Statistics, the U.S. employment rate for March 2018 was 4.1 percent for the sixth consecutive month. The number of unemployed dropped by 121,000 thousand to 6.59 million for the month (Civilian Unemployment Rate). The job total nonfarm payroll employment increased by 103,000 in March
Read moreOctober 2017 The latest Gross Domestic Product (GDP) figures indicate that the US economy expanded an annualized 3 percent on quarter in the third quarter of 2017, only slightly below 3.1 percent in the previous three months, which was the fastest pace since Q1 2015. The GDP numbers beat expectations of 2.5 percent, despite the
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