Real and Sustainable: An Update

Real and Sustainable: An UpdateThe June 2013 employment report revealed that the private sector economy continues to add about 200,000 jobs per month, keeping the Fed on a pace to taper quantitative easing this fall. The labor market is at best a coincident indicator of economic activity, so the uptick in jobs is not likely to signal an uptick in the pace of economic growth…

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Real and Sustainable

Real and SustainableThe U.S. Department of Labor’s monthly employment report always generates plenty of attention from the media, Main Street, and the markets — and this week will be no exception. The May 2013 report scheduled for release on Friday, June 7, is expected to show that the economy added a net new 165,000 jobs in May 2013 …

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