«Miramar Beach» by local Santa Barbara artist Chris Potter Americans are feeling better about the housing market than ever before, though May's
lackluster jobs report could dampen some of that enthusiasm as the summer progresses.
With today's
lackluster jobs report, the Labor Department is now estimating that the economy added an average of 94,000 jobs per month in December and January, which is barely enough to keep up with population growth.
Likewise, what's driving gold's 0.2 % increase Sunday is anticipation of the Federal Reserve's response to Friday's
lackluster jobs report, not any sort of flight to safety.
Not exact matches
It's the penultimate
report before the Fed rate hike decision in June, and if it shows significant deterioration in
job gains — and yet another
lackluster gain in wages — the Fed may have to back off its monomaniacal path toward higher rates.
Andrew Kennedy, who heads the board and also serves as a senior economic development aide for Governor Andrew Cuomo, defended the
report against the harsh criticism of columnists and lawmakers who derided the 76
jobs created in Start - UP's first year as
lackluster.