Jobs Numbers

Every month, the Bureau of Labor Statistics releases information regarding the jobs numbers, which shows how the underlying economy is performing. Also called nonfarm payrolls, since they do not include farm-related employment, the jobs numbers are one of the most important data sets for trying to understand the strength or weakness of an economy. If the jobs numbers are improving, this means more people are being employed and the economy is gaining strength. If the jobs numbers are weakening, or there are outright job losses, this is an extremely troubling sign for the economy.

Why the Winter Storm Is Skewing More Than Jobs Growth

By Tuesday, February 18, 2014

Winter Storm Skewing More Than Jobs GrowthOld Man Winter appears to be killing the retail sector and the economic renewal. Extreme cold and nasty weather has engulfed about 70% of the country, reaching as far south as Georgia, North Carolina, and Texas, which don’t traditionally experience winter weather.

All that nasty weather means less driving to the malls and shops, w… Read More

If Gold’s a Bad Investment, Why Is This Country Buying 150% More of It?

By Wednesday, January 15, 2014

150114_PC_lombardiI see more negativity towards gold bullion these days than ever before. And the more pessimism I hear and see, the more bullish I get on the precious metal.

After a bull market in gold bullion that lasted 12 straight years, 2013 was the correction year for gold bullion. It was the year that “separated the men from boys,” the investors … Read More

Fed’s Easy Money Reason for the Rise in Retail Sales?

By Monday, March 18, 2013

Easy Money Reason for the RiseThe retail sector is showing decent growth driven by jobs growth and the improvement in the housing market, which is adding some confidence to consumer spending. The number reported last week was excellent, and it bodes well for the retail sector. Retail sales in February grew 1.1%, well above the 0.2% estimate made by Briefing.com. … Read More

Number of Bartenders with Degrees Reaches Record High

By Friday, December 14, 2012

Degrees Reaches Record HighLast week, when the jobs numbers report was released, a new wave of optimism spurred the U.S. economy. I saw it in the editorials of the major newspapers; I heard it on the popular financial news stations. The unemployment rate in the U.S. economy dropped from 7.9% in October to 7.7% in November. (Source: Bureau of Labor Statistics, Dec… Read More

Jobs Coming Back, but Not from Overseas

By Tuesday, December 11, 2012

Jobs Coming Back, but Not from OverseasI was reading that Apple Inc. (NASDAQ/AAPL) would produce at least one of its computer products in the United States. Great news for job seekers, but Apple will continue to manufacture most of its products outside of the U.S. in low-cost global manufacturing regions, such as China, Asia, Mexico, Eastern Europe, and Latin America. Th… Read More