Job market

You may have heard today that the August headline jobs number “was below expectations,” or about 24,000 fewer jobs were created than the consensus among leading economists predicted. But how significant is that figure? The first release of the monthly job-creation number is an estimate accurate to plus or minus 119,000, according to the Bureau […]

Last month President Trump announced a deal with Taiwanese electronics manufacturer Foxconn to bring as many as 13,000 jobs to southeastern Wisconsin in exchange for $3 billion in tax breaks. Now legislative analysts are projecting the state won’t break even on that investment for more than 25 years. These sorts of mega-incentives to lure employers […]

The Federal Reserve Bank of New York has a study out today highlighting problems startups have getting financing. And the reason this matters? The report says startups account for “nearly all net new job creation” in the U.S. economy. For these companies to continue growing, they need to be able to access financing — and some are […]

We’re at the 200-day mark of Donald Trump’s presidency. One policy goal that seems to have been achieved so far: cutting the size of the federal workforce. The July jobs report found that the Trump administration has shed almost 11,000 workers since January. In comparison, President Obama added 60,000 new federal employees in his first […]