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Employment

Economists React to the FOMC Statement: ‘Mixed Messages’

The Federal Reserve said Wednesday it would scale back its monthly bond purchases to $25 billion and offered a modestly more upbeat assessment of the inflation, jobs and the economy. Economists largely said the announcement came in as expected, but that subtle changes indicate Fed officials see general improvement in the U.S. economy.


Source: http://blogs.wsj.com/economics/2014/07/30/economists-react-to-the-fomc-statement-mixed-messages/?mod=WSJBlog

Maps: Health Care, Social Assistance Top Industries in Most States

A combination of health care and social assistance now rank as the dominant industry in most American states, surpassing manufacturing and—for a spell—retail trade as the top industries in decades past, according to a new government report.
The Labor Department this week released an animated map showing how the top industry in each state changed from 1990 to last year, the most recent data available. The change in the map is striking.


Source: http://blogs.wsj.com/economics/2014/07/30/maps-health-care-social-assistance-top-industries-in-most-states/?mod=WSJBlog

Parsing the Fed: How the Statement Changed

The Federal Reserve releases a statement at the conclusion of each of its policy-setting meetings, outlining the central bank’s economic outlook and the actions it plans to take. Much of the statement remains the same from meeting to meeting. Fed watchers closely parse changes between statements to see how the Fed’s views are evolving. The following tool compares the latest statement with its immediate predecessor and highlights where policy makers have updated their language. This is the July statement compared with June.


Source: http://blogs.wsj.com/economics/2014/07/30/parsing-the-fed-how-the-statement-changed-40/?mod=WSJBlog

Jobless Rate Down in 48 out of 49 Big U.S. Cites

The jobless rate declined in all but one large U.S. metropolitan area in June, with Chicago and Las Vegas leading the way.


Source: http://blogs.wsj.com/economics/2014/07/30/jobless-rate-down-in-48-out-of-49-big-u-s-cites/?mod=WSJBlog

Hilsenrath: Modest Growth Beneath the Surface Keeps Fed on Track

Wednesday’s surprisingly strong report on second-quarter economic growth should keep the Federal Reserve on track to finish its bond-buying program in October, while intensifying the debate about when to start raising short-term interest rates without resolving it.


Source: http://blogs.wsj.com/economics/2014/07/30/hilsenrath-modest-growth-beneath-the-surface-keeps-fed-on-track/?mod=WSJBlog

It’s a Woman’s World in Japan’s Jobs Recovery

 

Women appear to be gaining ground in Japan’s workforce as the employment situation brightens.


Source: http://blogs.wsj.com/economics/2014/07/29/its-a-womans-world-in-japans-jobs-recovery/?mod=WSJBlog

5 Things to Watch on the Economic Calendar

Usually a Federal Reserve meeting tops the “what might happen” list, but since the Fed has already indicated its tapering program will end in October, Friday’s July employment report is the event with the most potential to surprise next week. Besides the jobs report, the data calendar is quite full, but here are five items not to miss.


Source: http://blogs.wsj.com/economics/2014/07/25/5-things-to-watch-on-the-economic-calendar-22/?mod=marketbeat

When It Comes to Housing, Maybe Millennials Aren’t so Different After All

Millennials get flack for postponing marriage, living with parents and shying away from homeownership. But what’s less discussed is how, to some extent, they’re just responding rationally to their local housing markets.


Source: http://blogs.wsj.com/economics/2014/07/22/when-it-comes-to-housing-maybe-millennials-arent-so-different-after-all/?mod=WSJBlog
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