the lead indicator

Sorting the Latest Employment Report

Payrolls expanded by 216,000 jobs in March, according to last week’s report from the Bureau of Labor Statistics. Businesses easily offset cutbacks in local governments, as private employment increased by 230,000 jobs in March and, on a revised basis, 240,000 jobs in February.

Investors are understandably encouraged; the new counts mark the strongest monthly Read More

concrete thoughts

The Job Numbers and Commercial Real Estate

Last Friday’s jobs report from the Labor Department initiated a wave of articles and blog entries depicting a robust economy and blue skies ahead. Democrats have taken the position that the administration’s policies are starting to work, and Republicans are directing most of the credit toward the extension of the Bush-era tax rates. For a Read More