◀ The Principal Blog

July Jobs Report – Another Strong Report



The July jobs report came out on Friday, August 4, 2016, the report showed a second month of strong gains. The Department of Labor reported that 255,000 jobs were added in July, significantly beating expectations. The unemployment rate remained steady at 4.9% and average hourly earnings and average…

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Oil Price Apocalypse? Not so much a Calamity



Roll back the clock five years ago with huge fires in Alberta, Canada, militant attacks in Nigeria, export stoppages in Libya, social unrest in Venezuela, and oil-worker strikes in Kuwait, and this all would certainly presage a sharp spike in gas prices at the pump for U.S. consumers. Indeed, the…

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