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Will even more temporary and targeted tax cuts and spending increases work?
“The unfortunate reality is that even if Republicans gave Mr. Obama everything he wanted, the impact on growth would be modest at best. Washington can most help the economy with serious spending restraint, permanent tax-rate cuts, regulatory relief and repeal of ObamaCare. What won’t help growth is more temporary, targeted political conjuring.”
— Wall Street Journal, Editorial, The Latest Jobs Plan, Sept. 09, 2011.
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Private-sector employment increased by 91,000 from July to August on a seasonally adjusted basis, according to the latest ADP National Employment Report® released today. The estimated advance in employment from June to July was revised down modestly to 109,000, from the initially reported 114,000.
The Conference Board Employment Trends Index™(ETI)
Employment in the U.S. nonfarm private business sector rose 157,000 from May to June on a seasonally adjusted basis, according to the latest
Online advertised vacancies rose 208,800 in March to 4,454,500 according to The Conference Board Help Wanted OnLine™ (HWOL) Data Series released today. The March rise follows a large January increase and a small change in February, and brings the gain in labor demand in the first quarter of 2011 to over 600,000. This follows on the heels of a strong
The Conference Board Employment Trends Index™ (ETI) increased in February for the fifth consecutive month. The index now stands at 101.7, up from January’s revised figure of 100.1. The index is up over 8 percent from a year ago. The Employment Trends Index aggregates eight labor-market indicators, each of which has proven accurate in its own area.
In stark contrast to the