Tag Archives: employment
The Employment Situation and Outlook – December 2020
Yesterday, the Bureau of Labor Statistics estimated that nonfarm payroll employment declined by 140,000 in December. The estimate for November was increased by 135,000. The level of employment for December was therefore virtually unchanged from the November report.
Posted in Federal Reserve, Market Commentary
Tagged employment, employment forecast, FOMC unemployment projections, job growth, jobs forecast
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Friday’s Drop in Unemployment: Less Than Meets The Eye?
The reaction to Friday’s labor market report was sharp and swift. Bond yields, especially on the long end of the yield curve rose and stocks sold off. The yield on the 10-year Treasury note ended the week at 3.23%, its … Continue reading
Posted in Market Commentary
Tagged Economy, employment, jobs, unemployment rate
Comments Off on Friday’s Drop in Unemployment: Less Than Meets The Eye?