It is not anticipated that the Economy will rebound until the next Administration.
Friday, September 5, 2014
Employment Stats
It is not anticipated that the Economy will rebound until the next Administration.
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Employment is still quite sluggish especially at the top line. The 6.1% number is not what we should look at, it is the participation rate which is still very low relative to before this Recession.
This past month as shown below we saw another dip, which is not a good sign for August.
The above is a key chart which shows a reduction in unemployed but against a steady and poor participation rate.
It is not anticipated that the Economy will rebound until the next Administration.
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It is not anticipated that the Economy will rebound until the next Administration.
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- Florham Park, NJ, United States
- Terry has spent most of his career in industry, half in corporate executive positions, and half involved in his start ups. He started on the Faculty and Staff at MIT in 1967 and was there until 1975, and he had returned to MIT from 2005 to 2012 to assist groups of doctoral and post doc students. Terry has focused on a broad set of industries from cable, to satellite, wireless, and even health care software and medical imaging. Terry has published extensively in a broad set of areas as well as having written several books. Terry has returned to Medicine on Boards at Columbia University Medical Center. Copyright 2008-2024 Terrence P McGarty all rights reserved. NOTE: This blog contains personal opinions of the author and is not meant in any manner to provide professional advice, medical advice, legal advice, financial advice. Reliance on any of the opinions contained herein is done at the risk of the user. For publications see: https://www.researchgate.net/profile/Terrence_Mcgarty
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