Under the lens-audio_slides-08-15-11

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Transcript of Under the lens-audio_slides-08-15-11

JOBS – GROWTH CYCLE

This chart is from the discussion recordedAugust 12th, 2011

NON FARM PAYROLLS REPORT

• US Payrolls +117,000• US Unemployment Rate -.1 to 9.1%, Participation Rate -.2 to 63.9% accounting for drop in unemployment.• Actual number of Employed (by Household Survey) fell by 38,000• Unemployment rose by 156,000

• Those dropping out of the labor force rose by 374,000• Civilian population rose by 182,000, Labor Force declined by 193,000

• Average Weekly Workweek was unchanged at 34.3 hours

• Average Private Hourly Earnings Increased by 10 Cents• Government employment decreased by 37,000 - a genuine bright-spot

Were it not for people dropping out of the labor force for the past two years, the unemployment rate would be well over 11%.

This chart is from the discussion recordedAugust 12th, 2011

NON FARM PAYROLLS REPORT

This chart is from the discussion recordedAugust 12th, 2011

NON FARM PAYROLLS REPORT

This chart is from the discussion recordedAugust 12th, 2011

NON FARM PAYROLLS REPORT

This chart is from the discussion recordedAugust 12th, 2011

NON FARM PAYROLLS REPORTI

This chart is from the discussion recordedAugust 12th, 2011

FOOD STAMP PROGRAM

This chart is from the discussion recordedAugust 12th, 2011

NON FARM PAYROLLS REPORT

This chart is from the discussion recordedAugust 12th, 2011

JOBLESS RECOVERY

This chart is from the discussion recordedAugust 12th, 2011

JOBLESS RECOVERY

This chart is from the discussion recordedAugust 12th, 2011

CONFIDENCE & SENTIMENT

This chart is from the discussion recordedAugust 12th, 2011

CONFIDENCE & SENTIMENT

This chart is from the discussion recordedAugust 12th, 2011

CONFIDENCE & SENTIMENT

This chart is from the discussion recordedAugust 12th, 2011

CONFIDENCE & SENTIMENT

This chart is from the discussion recordedAugust 12th, 2011

GROWTH

This chart is from the discussion recordedAugust 12th, 2011

GROWTH

This chart is from the discussion recordedAugust 12th, 2011