Tag: “goldilocks” scenario

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U.S. Job Market Defies Recession Fears with Strong September Numbers

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the staff of the Ridgewood blog

Ridgewood NJ, after months of concerns about a looming recession, the U.S. economy is showing signs of resilience, with September’s surprising job growth offering a ray of hope for a soft landing. In a month where many expected signs of a slowdown, the U.S. unemployment rate actually fell, and job growth exceeded all forecasts, signaling that the Federal Reserve’s strategy might be working.

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Economic Data Continues to Suggest the “Goldilocks scenario”

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the staff of the Ridgewood blog

Ridgewood NJ, on Friday U.S. Bureau of Labor Statistics reported that the US economy added 187,000 jobs in July, below economist estimates of 200,000 and slightly above the downwardly revised 185,000 jobs in June. The unemployment rate dropped to 3.5%, from 3.6% in June and 3.7% in May. Average hourly earnings grew 0.4% month-over-month and 4.4% year-over-year, matching June. The number continue to suggests the “Goldilocks scenario” of a not-too-cold, not-too-hot sweet spot of sustainable growth
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Employment Picture Remained Steady

the staff of the Ridgewood blog

Washington DC, yesterday the Bureau of Labor Statistics reported ,total nonfarm payroll employment increased by 223,000 in December, and the unemployment rate edged down to 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in leisure and hospitality, health care, construction, and social assistance.

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