◀ The Principal Blog

Posts from the ‘Economic Insights’ category

May Jobs Report – Weak U.S. Job Growth

The May jobs report came out today, Friday, June 3, 2016. The report showed a mere 38,000 jobs were added in May, which was significantly below expectations of around 160,000. The unemployment rate dropped to 4.7%, and the labor force participation rate decreased for a second month in a row. The…

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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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