08 January 2014

• Business Economists Say U.S. Labor Markets to Improve


”Nonfarm payrolls are forecast to post an average monthly gain of 177,500 for all of 2013, less than the 183,000 recorded in 2012 and below the 189,000 predicted in the September survey.

”However, panelists anticipate stronger job creation in 2014, with an average monthly nonfarm payroll increase of 197,000.

”The unemployment rate is expected to average 7.5% in 2013 and decline to 7.0% in 2014.

”Affordable Care Act provisions are expected to trim 10,000 from monthly payroll growth in 2014.

See the complete report at this link: NABE


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