US adds 165.000 jobs in April, UE rate down to 7.5% (lowest in 5 years) (user search)
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  US adds 165.000 jobs in April, UE rate down to 7.5% (lowest in 5 years) (search mode)
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Author Topic: US adds 165.000 jobs in April, UE rate down to 7.5% (lowest in 5 years)  (Read 1482 times)
True Federalist (진정한 연방 주의자)
Ernest
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« on: May 03, 2013, 09:40:24 PM »
Quote from: angus on May 03, 2013, 07:50:27 PM


Where's Ernest?  I'm sure he'll be along any minute to defend this usage.



Nah.  It should be 'austeritizing'.  I'm not a total anarchist when it comes to language.
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True Federalist (진정한 연방 주의자)
Ernest
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« Reply #1 on: May 05, 2013, 03:02:20 PM »
Quote from: Frodo on May 05, 2013, 12:38:38 AM
Not bad -a drop of ~2.5% in four years.  

Can anyone guess what the unemployment rate will be by January 2016?  

I expect it will be in the 6 to 6.5% range.  The Fed has already signaled that it intends to cut back on stimulus once unemployment reaches 6.5%  I expect 6.5% will likely be reached on mid- to late-2014.  The Fed cutbacks will cause unemployment to hold fairly steady in 2015. January 2016 will be near the end of the plateau, but still in it.
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