• Jobenomics July 2017 Employment Report Analysis

    Executive Summary. The two primary sources for U.S. labor force data are the monthly U.S. Bureau of Labor Statistics (BLS) Employment Situation Summary, a monthly summary of all U.S. government and private sector employment, and the ADP National Employment Report, a monthly survey of employment by 400,000 U.S. private sector businesses by the ADP Research Institute in collaboration with Moody’s Analytics. Jobenomics Analysis of the BLS Employment Situation Summary Report.  To get a strategic perspective of the state of the ...
  • Q2 2017 GDP Growth 2.6%

    Real gross domestic product (GDP) increased at an annual rate of 2.6% in the second quarter of 2017 (Q2 2017) according to the “advance” estimate released by the U.S. Bureau of Economic Analysis on 28 July 2017.   2.6% is a positive sign for the U.S. economy and a potential pivot point for President Trump’s bold plan to grow GDP to an annual rate of 4%, create 25 million new jobs and get the “American economy back on track”.  To ...
  • Jobenomics Analysis of June 2017 U.S. Employment Reports

    Executive Summary: The two primary sources for U.S. labor force data are the monthly U.S. Bureau of Labor Statistics (BLS) Employment Situation Summary, a monthly summary of all U.S. government and private sector employment, and the ADP National Employment Report, a monthly survey of employment by 400,000 U.S. private sector businesses by the ADP Research Institute in collaboration with Moody’s Analytics. Recent U.S. Labor Force Gains and Losses (BLS Data) In regard to the working population, the BLS Employment Situation ...
  • Analysis of May 2017 U.S. Employment Reports

    Executive Summary:  May’s employment reports painted a mixed picture for the Trump Administration.   The U.S. Bureau of Labor Statistics (BLS) Employment Situation Summary stated in May 2017 the United States produced a total of 138,000 new jobs—a number well below the 250,000 new job standard advocated by most economists.  However, the ADP National Employment Report summary reported that the U.S. private sector created 253,000 new jobs of which 77.5% were generated by American small businesses.    In regard to the ...
  • President Trump’s First Budget

    Last week White House Office of Management and Budget Director Mick Mulvaney released President Trump’s FY2018 Budget Request, entitled “America First: A Budget Blueprint to Make America Great Again”. Perhaps the most striking theme of the Trump FY2018 Budget Request is that the Trump Administration will attempt limit national debt increase to only $3.2 trillion over 10-years as opposed to the $6.1 trillion increase planned by Obama Administration.  Moreover, President Trump wants to close the federal spending/receipts gap by dramatically ...
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