All Posts Tagged: unemployment

Instant Analysis: Employment report for September

Scott Anderson
Chief Economist
Attendees at a conference in front of large glass windows, the sun in the background.

The extent and consistency of this softening in monthly job gains will give the FOMC pause about raising interest rates in the face of a slowing economic environment. 

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U.S. Outlook: It’s all about the jobs

Scott Anderson
Chief Economist
Graph showing monthly trends in nonfarm job creation.

There is nothing in the July jobs report that should dissuade the FOMC from an initial rate increase in September.

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U.S. Outlook: Dissecting FOMC intentions

Scott Anderson
Chief Economist
Graph showing monthly totals of jobs created (or lost) in the past 5 years.

The Federal Reserve remained coy in its July statement about when to initiate the first Fed funds interest rate hike.

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Instant Analysis: July FOMC statement

Scott Anderson
Chief Economist
Closeup of pillars on exterior of Federal Reserve building

I see no reason to change my call for a September rate hike at this time. 

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