Archive for November, 2015

October 2015 – Monthly Commentary

November 13, 2015  |   Monthly Commentary   |     |   0 Comment

October 2015 Following two consecutive months of disappointment, the October employment report far exceeded expectations, adding 271,000 for the period. With the big addition, the unemployment rate fell to 5.0% and could fall below that measure as early as next month. Reflecting the tightening of the labor force, average hourly earnings rose 2.5% year-over-year, which has accelerated from the 2.0% year-over-year growth witnessed in the first half of this year. With the blockbuster ...