RockBlog
Economic Outlook Based on July Results
Posted by Graniterock on Wed, March 18th, 2015, 8:16 am
The majority of U. S. economists believe that the economy continues on a very slow growth path and that the danger of a double-dip recession is not high. In July, U. S. private companies added 71,000 jobs but total employment fell by 221,000 jobs as more Census workers were laid-off. June’s private sector employment number was reduced to 31,000 people. The number of new jobs being added cannot bring down the rate of unemployment because there ... Read More
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