Comment on U.S. Bureau of Labor Statistics Employment Situation Report by Kathy Bostjancic, Director of Macroeconomic Analysis, The Conference Board - Siouxland News - KMEG 14 and FOX 44

Comment on U.S. Bureau of Labor Statistics Employment Situation Report by Kathy Bostjancic, Director of Macroeconomic Analysis, The Conference Board

Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact pressreleases@worldnow.com.

SOURCE The Conference Board

Labor Market Improving, Together with a Little Catch Up

NEW YORK, April 4, 2014 /PRNewswire/ -- The economy generated a gain of 192,000 jobs in March. Undoubtedly, there was some catch up in hiring following the inclement weather this winter. Still, the underlying hiring trend is encouraging, with more good news expected this spring and summer. This confirms the signals from The Conference Board's Consumer Confidence Index and Leading Economic Index for the U.S. More jobs means more pay checks, lifting sentiment and resulting in more consumer buying. If demand is improving, business will respond by investing so as to supply the goods and services in demand. The key, as always, is sustained job gains in the service sector including health and education. If these numbers continue, the much-anticipated strengthening of the economy may materialize sooner rather than later.

About The Conference Board
The Conference Board is a global, independent business membership and research association working in the public interest. Our mission is unique: To provide the world's leading organizations with the practical knowledge they need to improve their performance and better serve society. The Conference Board is a non-advocacy, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States. www.conference-board.org

Follow The Conference Board
Twitter | Facebook | LinkedIn

©2012 PR Newswire. All Rights Reserved.

Powered by WorldNow

Siouxland News
100 Gold Circle
Dakota Dunes, SD 57049

Main Phone: 712-277-3554
Main Fax: 712-255-5250
Email: webmaster@siouxlandnews.com

Powered by WorldNow
All content © Copyright 2000 - 2009 WorldNow and Sinclair Communications, LLC. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.