Today, Raymond J. Keating, chief economist for the Small Business & Entrepreneurship Council (SBE Council), released the following statement in response to the May employment data reported by the U.S. Bureau of Labor Statistics: "The latest data from the Bureau of Labor Statistics continues to tell a mixed story on jobs and the U.S. economy. "The establishment survey pointed to an increase of only 69,000 in employment for the month of May, far below expectations and where job … [Read more...] about SBE Council Chief Economist on Latest Jobs Data
bureau of labor statistics
Local Groups Alleviating Unemployment Concerns
U.S. Bureau of Labor Statistics recently released its unemployment figures for the nation for the month of February. The January numbers showed 8.3 percent of Americans were out of work. The State of Arizona’s most recent figures are from December, and show 8.7 percent of our residents are unemployed. Coconino County’s rate was 8.5 percent, while Maricopa’s was at 7.7 percent, and Pima County was at 7.9 percent during that same month. Updated state statistics are due out in mid-March. Carol … [Read more...] about Local Groups Alleviating Unemployment Concerns
SBE Council Economist on Latest Inflation Numbers
Raymond J. Keating, chief economist for the Small Business & Entrepreneurship Council (SBE Council), offered the following statement in reaction to the CPI inflation numbers released this morning by the U.S. Bureau of Labor Statistics: "Despite the continuing efforts by Fed Chairman Ben Bernanke to reassure that everything is under control regarding inflation, the CPI inflation data for August, up 0.4%, and the past year, running at 3.8%, confirm that this is simply not the case. … [Read more...] about SBE Council Economist on Latest Inflation Numbers
Cementing Hopes for Regional and National Economic Growth
Drake Cement’s nearly-complete $310 million production plant is located within Yavapai County in Paulden, Arizona – once a historic ghost town and about 60 miles southwest of Flagstaff. Bringing Drake to the region is expected to employ approximately 550 people in construction projects and provide 90 full-time jobs within the plant. Local and Regional Development Chino Valley Area Chamber of Commerce CEO Ab Jackson envisions Drake as a critical first step in expanding regional … [Read more...] about Cementing Hopes for Regional and National Economic Growth
SBE Council Economist on Latest Inflation Numbers
Raymond J. Keating, chief economist for the Small Business & Entrepreneurship Council (SBE Council), offered the following statement in reaction to the CPI inflation numbers just released by the U.S. Bureau of Labor Statistics: "According to the Bureau of Labor Statistics, CPI inflation over the past year registered only 1.5%. However, it's very much worth noting that during 2010, there was a substantive difference between the first half and second half of the year. "During the first six … [Read more...] about SBE Council Economist on Latest Inflation Numbers
