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Tag Archives: Unemployment

Economic Growth Expected to Slow Down As Unemployment Stays Level

forecast

The Philadelphia Fed reported that the labor market outlook remains unchanged. The forecasters predicted similar results as the last survey for unemployment, noting that it will be an annual average of 5.3 percent in 2015, before falling to 5.0 percent in 2016, 4.8 percent in 2017, and 4.7 percent in 2018.

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Study: Household Formations Have Returned to Pre-Recession Levels

New household formation in the United States has recovered from the widespread job losses that came with the recession, according to a new study from the Lusk Center for Real Estate at the University of Southern California.

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Analyst Forecasts Low Homeownership Rates Among Job Fields With Most Growth

forecast

A recent study from Freddie Mac turned up some discouraging results to throw some cold water on economists' high hopes: The job fields that are expected to grow most in the coming years happen to have some of the lowest homeownership rates.

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Brighter Outlook for Economy, Job Market Push Consumer Confidence to Seven-Year High

The survey's index measuring sentiment about present-day conditions rose more than 10 points from December, hitting 112.6, the Conference Board said. The number of respondents saying business conditions are currently good rose nearly four points to 28.1 percent, while the share of those saying jobs are plentiful climbed nearly three points to 20.5 percent.

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Unemployment Rate Low, But Number of Americans ‘Not in Labor Force’ Near All-Time High

The October 2014 Employment Situation Summary released by the U.S. Bureau of Labor Statistics (BLS) on November 7 reported a nationwide unemployment rate of 5.8 percent, the lowest level in more than six years. However, a report released recently by the Pew Research Center indicates that while the U.S. unemployment rate is low, the number of people who are "not in the labor force," meaning they are not counted among the unemployed in the BLS survey, is near an all-time high.

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Fed’s Labor Market Index Shows Signs of Recovery In September

As a broad measure of the market, the Fed's index includes a number of indicators that go beyond just the national unemployment rate, including average hourly earnings, hiring rates, and labor force participation, among others.

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