Bill Hornbarger on the January 10 Jobs Report

On Friday of last week the US jobs report had a little something for everyone, but generally I’d characterize it as weak. Let’s start, though, with the positive. The unemployment rate declined to 6.7%, the lowest level since the fall of 2008. If you are a...

Federal Reserve Announcement – December 2013

On Wednesday, the Federal Reserve (the Fed) announced the tapering of their asset purchase program beginning in January of 2014, citing progress in the labor market. In case you are curious as to what this means, we wanted to give you an update. Essentially, the Fed...