Observations on the January 2017 Employment Situation

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  By Steven R. Drexel, President and CEO of Cornerstone Staffing Solutions, Inc. Summary   On Friday February 3rd, the Bureau of Labor Statistics (“BLS”) released its monthly summary of labor market activity covering January 2017. The consensus expectation called for job growth to improve moderately compared to recent months which had averaged 148,000 net… Read more »

Employment Commentary for January 2017

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  As an Economist and seasoned staffing industry professional, I’m regularly asked to participate in several monthly surveys and discussions that predict key elements of the Bureau of Labor Statistics’ (“BLS”) press releases describing The Employment Situation.  The next release revealing January’s statistics will be out on Friday, February 3rd, (typically the first Friday of… Read more »

Observations on the December 2016 Employment Situation

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  By Steven R. Drexel, President and CEO of Cornerstone Staffing Solutions, Inc.   On Friday January 6th, the Bureau of Labor Statistics (“BLS”) released its monthly summary of labor market activity covering December 2016. The consensus expectation called for job growth to match November’s increase which was originally reported as 176,000 net new jobs. The official… Read more »

Observations on the November 2016 Employment Situation

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By Steven R. Drexel, President and CEO of Cornerstone Staffing Solutions, Inc.   Summary   On Friday December 2nd, the Bureau of Labor Statistics (“BLS”) released its monthly summary of labor market activity covering November 2016. The consensus expectation called for job growth to improve moderately from October’s somewhat disappointing increase which was originally reported… Read more »

Employment Commentary for November 2016

Posted

  By Steven R. Drexel, President and CEO of Cornerstone Staffing Solutions, Inc. As an Economist and seasoned staffing industry professional, I’m regularly asked to participate in a number of monthly surveys and discussions that predict key elements of the next Bureau of Labor Statistics’ (“BLS”) press release describing The Employment Situation.  The next release… Read more »

Observations on the September 2016 Employment Situation

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  By Steven R. Drexel, President and CEO of Cornerstone Staffing Solutions, Inc. On Friday October 7th, the Bureau of Labor Statistics (“BLS”) released its monthly summary of labor market activity covering September 2016. The consensus expectation called for job growth to improve modestly from August’s mildly disappointing increase which was originally reported as 151,000… Read more »

CEO Steve Drexel Shares Employment Commentary for August 2016

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  As an Economist and seasoned staffing industry professional, I’m regularly asked to participate in a number of monthly surveys and discussions that predict key elements of the next Bureau of Labor Statistics’ (“BLS”) press release describing The Employment Situation.  The next release revealing August’s statistics will be out on Friday, September 2nd (typically the… Read more »

Observations on the July 2016 Employment Situation from CEO Steve Drexel

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  On Friday August 5th, the Bureau of Labor Statistics (“BLS”) released its monthly summary of labor market activity covering July 2016. The consensus expectation called for job growth to moderate from June’s surprisingly strong increase originally reported as 287,000 new jobs. The consensus expectation for July’s job growth was in the neighborhood of 180,000… Read more »

Encouraging News With Stronger Job Growth

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Commentary by Steve Drexel, Cornerstone Staffing Solutions The Employment Report covering February 2016 activity was released on Friday March 4.  The headline gain in employment was a much better than expected, 242,000 jobs while the unemployment rate remained constant at 4.9 percent. Not only was the 242,000 growth notably better than the February consensus, it… Read more »