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 »

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 »