Weekly Report for June 7th, 2010
June 7, 2010 by Pete Mitchell
Filed under All Posts, Weekly Updates
Jobless rate ticks down 0.2%. The news didn’t impress Wall Street: while May’s unemployment rate fell to 9.7% and the economy added 431,000 jobs, 390,000 of them represented temporary U.S. Census Bureau hires. Still, the number was better than the 9.8% reading economists expected.1
Weekly Update for May 10, 2010
May 10, 2010 by Pete Mitchell
Filed under All Posts, Weekly Updates
Quote of the week. “You’re born an original. Don’t die a copy.”– John Mason
Pete Mitchell’s Weekly Economic Update for February 8, 2010
February 7, 2010 by Pete Mitchell
Filed under All Posts, Weekly Updates
Jobless rate falls to 9.7%. The January statistic from the Labor Department was encouraging – a 0.3% drop from December. Bizarrely, there was no job growth even with that sizable decline – payrolls slimmed by about 20,000 positions last month. Revised federal figures showed a gain of 64,000 jobs for November and a loss of 150,000 in December.1
