By Barbara Zigah The U.S. Department of Labor today released the non-farms payroll data for February, which showed that the key labor sector added 192,000 new jobs to the payrolls January’s upwardly revised number of 63,000 new jobs. Unlike the last two months, this was an improvement over a consensus of economists’ forecast of 183,000 [...]
Tag Archives: USD
RBS Analysis: Future Looks Brightest for The U.S
By Barbara Zigah According to the Chief Economist’s Weekly Brief, published monthly by the Royal Bank of Scotland Group, the United States is likely to experience the fastest recovery of all recuperating economies. This report, dated February 28, 2011, comes even after the recent downwardly revised 4th quarter GDP results.
Fed Chairman Confident In US Recovery
By Barbara Zigah Delivering the first of this year’s two monetary policy reports to the U.S. Senate Banking Committee, Ben Bernanke, the Chairman of the Federal Reserve Bank offered his assurance that the U.S. economy is continuing to gain momentum, even in spite of a weak housing market and rising oil prices.Chairman Bernanke further reiterated [...]
