◀ The Principal Blog

Posts by Robin Anderson, Economist, Principal Global Investors

Unemployment Rate Falls for the Right Reason – June 2014 Jobs Report (Video)



The June jobs report came out on Thursday, July 3. Overall, the report was positive with widespread job gains. Employers added 288,000 jobs, significantly more than economists were anticipating and marking the fifth straight month where employers added 200,000 jobs or more. Here are some thoughts…

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Don’t Judge a GDP Report by Its Headline



From the initial estimate of first-quarter GDP to the second one released today (May 29), we moved from stagnating economic activity (0.1% rate of growth) to a contraction, a 1% decline to be exact.  This marked the first time since 2011 that the U.S. economy had a quarter of declining economic…

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