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Ben Bernanke on Unemployement

BernankeBen Bernanke, who will be replaced by Janet Yellen next year, had his last FOMC meeting of 2013 on December 18. At the press conference he gave his final remarks on unemployment and inflation. ConsulTree follows the unemployment situation closely. We believe the economy has enough ground to keep growing, but companies must keep acquiring top talent to leverage any continued upward trend.

The Federal Reserve has a target unemployment rate […]

By |December 19th, 2013|Blog, Leadership|0 Comments

How close are you to become the next GM CEO?

Mary T BarraMary T. Barra was named today as GM CEO. She was named by Forbes, as one of the world most powerful woman in 2013, number 35, with a 35 year career at GM. This is her profile as published by GM website.

Executive Vice President, Global Product Development & Global Purchasing & Supply Chain

Mary Barra was named Senior Vice President, Global Product Development effective February 1, 2011, responsible for […]

By |December 10th, 2013|Blog, Leadership|0 Comments

Unemployment Rate November 2013

The unemployment rate declined from 7.3 percent to 7.0 percent in November, the total nonfarm payroll employment rose by 203,000, the U.S. Bureau of Labor Statistics reported today. Consensus was 7.2% and 180.000 respectively.  The unemployment rate is fast approaching to 6.5%, the Federal Reserve considers it as the key level they feel comfortable with, to start raising its 0.25% fund rates.

Unemployment

 

Employment increased in transportation and warehousing, health care, […]

By |December 6th, 2013|Blog|0 Comments

Unemployment Rate October 2013

Total non-farm payroll employment rose by 204,000 in October, and the unemployment rate was little changed at 7.3 percent, the U.S. Bureau of Labor Statistics reported today. No changes on Financial Sector and Professional and Technical services keep picking up in accordance with ConsulTree views. Excepting the Financial Sector, employment is picking up and the economy looks on track. The Federal Reserve promised not to raise rates until unemployment is below 6.5%. Our take on this matter, is to […]

By |November 8th, 2013|Blog|0 Comments

Unemployment Rate September 2013

Unemployment  rate was released  2 weeks later than originally scheduled because of the recent partial Federal government shutdown. Data collection for the estimates in this release  had been completed prior to the shutdown in accordance with our normal schedule. However, the processing of some estimates and the production of the Employment Situation news release were delayed due to the shutdown.

Unemployment Rate

Establishment Survey Data

Total non-farm payroll employment increased by 148,000 in September, […]

By |October 22nd, 2013|Blog|0 Comments