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And The Winner Is...
May 2017
Jobs,Jobs,Jobs
April 2017
And The Winner Is...
No one. The Republicans and Democrats are both claiming victory over the recent federal budget bill that avoided a government shutdown. In reality, it was probably a tie. The old joke used to be that if a personality contest were held between two former great football coaches – Tom Landry of the Cowboys and Bud Grant of the Vikings – no one would win. Well, that’s politics today.
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Oops! Nonfarm payrolls rose 98,000 in March. That’s down from 219,000 in February, and 214,000 in January. That has to be a major disappointment for the Trump Team. The unemployment rate dropped from 4.7% to 4.5%. This drop occurred even though more people entered the labor force. The labor participation rate remained at 63%. Economists had been expecting new jobs to pull back from January and February growth, but that number was a bit of a stunner.
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