Tag Archives: FRED

Skynet is not coming for our jobs

THE post-2008 economic recovery has been anemic by most measures, with job growth in particular making weak gains.¬† However, job growth in the U.S. has slowly declined over the past three decades, specifically since 2000 (the last year annual job growth in the U.S. hit 2%). Among the myriad of explanations for why job growth […]

Maine Jobs Report, Personal Income Data, and Coincident Index: Cautious Optimism

LAST week, the jobs data published by the Bureau of Labor Statistics showed that Maine’s unemployment rate remained unchanged at 5.7%, but that the economy 4,900 jobs. ¬†While these numbers indicate steady growth, there are reasons the data should call for cautious optimism. First, the 4,900 jobs were the single biggest month-over-month increase during the […]