Written by Steven Hansen
The BLS job situation headlines was relatively softer. Jobs growth decelerated this month - and the previous month's data was downwardly revised. Economic intuitive sectors remained positive.
Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.
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from the Atlanta Fed
-- this post authored by John Robertson and Ellyn Terry
The labor force participation rate (LFPR) is an important ingredient in projecting employment growth and the unemployment rate. However, predicting the LFPR has proven difficult. For example, in 2011 the Congressional Budget Office (CBO) projected that the LFPR in 2015 would be about 64.3 percent. In reality, the LFPR turned out to be 62.6 percent. Based on the CBO projection, the economy would have needed to create about 4 million more jobs to reach the 2015 unemployment rate of 5.3 percent.
Infographic Of The Day: Kayaking With Kids
A family kayak trip can be an enjoyable and exciting outing. However, there is the potential for things to go wrong - especially when you have got kids on board.
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06May2016 Pre-Market Commentary: Futures Lower And Markets May Open Over 1% Down, Canada's Wildfires Remain Out Of Control Disrupting Crude Production And US Dollar Experiencing Heavy Volatility
by Danielle DiMartino Booth, Money Strong
Money Strong Article of the Week
Following the Great War, indoor plumbing became without a doubt a Godsend for much of the world. However, few innovative leaps, including even the wonders of indoor plumbing, have ever been entirely free of at least a few drawbacks.
Written by Gary
US stock future indexes are down fractionally, but falling, after the Labor Department reported the U.S. economy added 160,000 jobs in April, below expectations for 202,000 jobs. Oil prices fell this morning as investors cashed in on a 20-percent rise in crude prices over the past month, outweighing the impact of crude production cuts in Canada where a huge wildfire is disrupting oil sands operations. Markets are expected to open lower along with falling crude prices.
05May2016 Market Close: Wall Street Closes Flat, Crude Prices Slip, US Dollar Showing Strength, Disa
Total Fed Balance Sheet:
Fed's Balance Sheet week ending balance sheet was $4,437 trillion. Over the previous months, changes have been relatively minor.