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 »

April 2016 Employment Observations

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By Steven R. Drexel, President and CEO of Cornerstone Staffing Solutions, Inc. On Friday May 6, the Bureau of Labor Statistics released its monthly summary of labor market activity for April 2016. The attention-grabbing number was a disappointing increase of 160,000 jobs, while the unemployment rate held steady at 5.0 percent. Economists, who form their… Read more »