Wednesday, January 08, 2014

The Extended Unemployment Benefits would be well served with employment opportunities increasing.

The uptick in private employment only started in August of 2013. I would think extending unemployment would serve the nation well with this optimistic outlook for employment. All too often government forgets looking for work requires expense. If people are deprived of income they will have a more difficult time looking for work. "What would be the choice, gas for the car or food for the kids?"

Paul Davidson
USA Today
January 8, 2014

...Last month, (click here) small businesses added 108,000 jobs; large companies, 71,000, and midsize ones, 59.000.

Professional and business services led payroll gains with 53,000. Construction companies, which are benefiting from the housing recovery, added a surprisingly strong 48,000. And trade, transportation and utilities added 47,000. Manufacturers added 19,000 jobs.

"Job gains are broad-based across industries, most notably in construction and manufacturing," said Mark Zandi, chief economist of Moody's Analytics, which helps ADP compile the report. "It appears that businesses are growing more confident and increasing their hiring."

The economy lately seems to have shifted into a higher gear, with the labor market, manufacturing, retail sales and housing performing better than anticipated. Employers added an average 204,000 jobs a month from August through November, according to Labor's survey....