by Gary S. Morrow | Jun 7, 2019 | Commentary, Market Update
From MarketWatch.com: The numbers: The U.S. created just 75,000 new jobs in May and employment gains earlier in the spring were scaled back, an ominous turn that points to a slowing economy and is likely to put more pressure on the Federal Reserve to cut interest...
by Gary S. Morrow | May 3, 2019 | Commentary, Market Update
The Numbers: The U.S. added 263,000 new hires in April, easily beating Wall Street expectations of 190,000. The unemployment rate fell to 3.6% vs. 3.8% expected and the lowest since December 1969. More: The U.S. jobs machine kept humming along in April, adding a...
by Gary S. Morrow | Apr 5, 2019 | Market Update, Uncategorized
Key bit: The U.S. created 196,000 new jobs last month after a swoon in February, an encouraging gain that hints growth in the economy is ready for a revival. Hiring increased in most major segments of the economy, most notably health care and white-collar firms....
by Gary S. Morrow | Mar 8, 2019 | Commentary, Market Update
The lede: Total nonfarm payroll employment changed little in February (+20,000), and the unemployment rate declined to 3.8 percent, the U.S. Bureau of Labor Statistics reported today. Employment in professional and business services, health care, and wholesale trade...
by Gary S. Morrow | Feb 11, 2019 | Commentary, Market Update
Gallup Poll Highlights: 69% expect their financial situation to improve over the next year Optimism about finances over the next year is almost at a record-high level 50% say they are in better shape financially than a year ago The lede: The 69% saying they expect to...
