the lead indicator

Bringing the Latest Jobs Numbers Into Focus

For millions of unemployed Americans, for policy makers, and for commercial real estate investors and lenders, last Friday’s employment report offered a rude aide memoire of the recovery’s continuing unevenness. According to the Bureau of Labor Statistics’ advance estimate, private and public employers added just 36,000 net new jobs in January.

This Read More

Wall Street

Morning Roundup: Facebook Will Go Public! Maybe!

  • A document sent to potential investors reveals that popular social-networking site Facebook intends to rack up more than 500 investors, the magical number above which the government begins requiring companies to disclose financial information. And companies that have to disclose their financial information often decide that they might as well go public while Read More

Wall Street

Morning Roundup: Thoughts on the Young New Year

  • A broad section of America is pretty pessimistic about what 2011 will bring, economically speaking. However, a smaller subset of the citizenry, known as “investors,” believes we’re on pace for growth and that the economy may even overheat this year. [WSJ]
  • Paul Krugman is cautioning jobless Americans against getting too excited about Read More