The Leyendecker View Blog
TLV Economy: January 6, 2017
ECONOMIC DASHBOARDA log of the most recent releases of data impacting our world
Bureau of Labor Statistics on Employment: Below expectations, but up
(January 6, 2017) Compared to median expectations of 174,000, total nonfarm payroll employment fell short, but did rise by 156,000 in December 2016. The unemployment rate was relatively unchanged at 4.7%. Health care and social assistance (63,000) led job growth, followed by food service and drinking places (30,000). Revisions to the two previous months added 19,000 new jobs.
Total 2016 employment growth of 2.16 million was below the 2015 rate of 2.7 million. The labor force participation rate, at 62.7%, changed little in December and was little changed during 2016. Total unemployment stands at 7.5 million. Read More »
The Latest News From Your World
Banking, The Traditional Buy Side, Alternative Asset Management and the CFO's World
"All money is a matter of belief."
- Adam Smith
Deustche Bank fights to regain market share
Europe’s economic fragility, the U.S. Justice Department fine and more aggressive competitors are making the world much more challenging for this German-based global institution.
EVP TD Bank Group and Vice Chair of TD Securities leaving early 2017
After almost 20 years with TD, Pat Meneley is set to leave. TD’s current head of corporate and investment banking, Robbie Pryde, will replace him.
Read More »
Are we headed into a recession? Numerous economic data suggests the U.S. economy has been slowing for several quarters. Just recently auto sales lost their momentum. And not withstanding the July employment print of 271,000 new jobs, one month later we fell back into what seems a more challenged job market, with 151,000 jobs added in August.
Because of the massive amount of data we all have to keep up with every day, it' forest for the trees. Two trends need to be considered… Read More »