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.…