◀ The Principal Blog

July Jobs Report – More Positive Job Growth

The July jobs report showed another month of positive job growth, adding 215,000 jobs. The unemployment rate remained unchanged at 5.3% as did the labor force participation rate at 62.6%. Wage growth remained sluggish in July but we still think the first interest-rate increase will happen in…

Read more

June Jobs Report – Positive Job Growth with Weak Details

Due to the holiday, the June jobs report came out on Thursday, July 2, 2015. The report showed decent job growth, adding 223,000 jobs in June, but there were some signs of weakness. The unemployment rate ticked down to 5.3% because the labor force participation rate decreased and average hourly…

Read more