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Tag Archives: Unemployment

Delving Into Consumers’ Minds

home prices

A survey gauges consumer expectations for the coming year. While the signals seem mixed for the housing market, we tease through the numbers to get the big picture.

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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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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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