Mohamed El-Erian says January’s jobs data was “very strong”, and may lead the Federal Reserve to start raising interest rates sooner than previously thought. (more…)
Tag: unemployment
The Unemployment Rate: One Tool, Or "Big Lie"?
Is the unemployment rate a “big lie”? Jim Clifton, CEO of polling service Gallup, says it is, but Fortune’s Chris Matthews says that’s just not true. (more…)
El-Erian: Unemployment Data Good, But Economy Not At "Escape Velocity"
PIMCO’s Mohamed El-Erian sees a lot to like in the March jobs report, but says a number of concerns remain for the economy. El-Erian tells Bloomberg that in addition to…
Krugman: Don't Let Up On Unemployment
Economist and Nobel Laureate Paul Krugman says the recent jobs data is encouraging — but that it is not cause to stop major efforts to spur job growth. “For once…
Sonders Sees Employment Gains Continuing
Charles Schwab Chief Investment Strategist Liz Ann Sonders says the recent unemployment data was “pretty close to great”, and sees job growth continuing to be strong in the coming months.…
Buffett Talks Unemployment and Housing
Warren Buffett says unemployment will fall significantly only when the overhang of housing supply works its way off. Buffett tells Bloomberg that he thought we’d begin to see the end…
Pass Debt Ceiling and Start Jobs Agency, Gross Says
PIMCO’s Bill Gross says the U.S. needs to pass debt ceiling legislation, and develop a government-directed investment bank that helps put people to work. “It’s what’s required during periods of…
Dreman: Bernanke Stuck in the Past on Jobs
David Dreman says U.S. policymakers are approaching the employment problem with antiquated views, and policies that aren’t addressing the real issues with job creation. In his latest Forbes colunn, Dreman…
Sonders Sounding Bullish, Sees Possible Return of Animal Spirits
Charles Schwab Chief Investment Strategist Liz Ann Sonders says that while a number of concerns about the global economy remain, several positive signs — including falling correlations, improving employment conditions,…
Weak Economy Doesn't Equal Weak Stock Performance, Study Shows
Unemployment remains high, economic growth is slowing, taxes may soon rise, and consumer confidence is near historic lows. But while investors are fleeing stocks in favor of bonds amid the…