The labor market remains on a high plateau that has prevailed in the last year and a half.
More Quotes from Ken Goldstein:
Consumer sentiment about job prospects over the next six months dipped in January. Thus, not only are the indicators suggesting modest gains in hiring, but consumers also do not think more new jobs will start opening up this spring.Ken Goldstein
Add this to the negative impact of the hurricanes and flooding, resulting in lost jobs and incomes, and lost output, and we could be in for slower growth through the end of the year.
Ken Goldstein
These data suggest the post-holiday labor market will remain relatively soft -- probably delivering a little less than 200,000 new jobs a month on average.
Ken Goldstein
Iowa is the center of the advertising storm. This is where it's going on.
Ken Goldstein
This is not a party-line vote, either. Groups on the left and the right are joined together in fighting this attack on the first amendment.
Ken Goldstein
The fact that the January number is back up to the higher level we saw in August 2005 indicates that the demand for labor is holding steady and seems to have weathered the hurricane and energy-related effects of last fall. The January online help-wanted ad volume is consistent with what we are seeing from the Consumer Confidence Survey. In January, consumers were more upbeat about current economic conditions, and they were especially more positive about the job market.
Ken Goldstein
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