Lost Jobs
Friday, May 04, 2007
|
|
|
|
New data shows the U.S. is creating fewer jobs in certain key sectors, and the unemployment rate is inching higher. NBR Washington Correspondent Stephanie Dhue reports on the hiring slowdown and its potential impact on the economy.
Discuss this story on XChange - The NBR Blog.
Related NBR Stories & Links
- 04-05-07: Will Good Employment Numbers be Reported on Good Friday?
- 03-21-07: The Fed Opts to Leave Interest Rates Alone
- 03-09-07: The Employment Picture Gives Wall Street a Much Needed Boost
- 01-01-07: Real Estate's Role Reversal in 2006
- 10-02-06: Commentary - The Housing Market Grows Soft but Not the Economy
External Links/Articles*
- Associated
General Contractors of America (AGC)
The AGC is a construction trade association. The organization's chief economist, Ken Simonson, is interviewed in Stephanie Dhue's report. This links to the section of the "Construction Economics" section of the AGC website. - Bureau
of Labor Statistics (BLS)
The BLS is the Department of Labor's data reporting arm. This links to bureau's "Employment Situation Summary" for April 2007. In the summary, you can find the employment data addressed in Stephanie Dhue's report. - Economic
Consulting Services
Economic Consulting Services is a Washington, D.C. consulting firm focused on a variety of economic analyses. One of the company's directors, Kathryn Kobe, is interviewed in Stephanie Dhue's report. This links to a Kathryn Kobe's bio. - The
Federal Reserve Board
This links to the transcript of remarks Federal Reserve Vice Chairman Roger W. Ferguson, Jr. made to the Andrew Brimmer Policy Forum in January 2007. The speech is titled, "Interpreting Labor Market Statistics in the Context of Monetary Policy." - Organisation
for Economic Co-Operation and Development (OECD)
The OECD and its member countries promote democracy and the market economy. The organization is know for its global economic data. This links to the organization's employment outlook report for 2006. U.S. data is included in the report. - U.S.
Department of Labor
This links to a May 4, 2007 press release issued by the Labor Department titled, "Statement of U.S. Labor Secretary Elaine L. Chao on April Employment Numbers." The statement emphasizes job growth in the health care and professional services sectors.
*Clicking these external links will take you off the NBR web site on PBS.org. NBR has no affiliation with these sites.
