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8th August 2018 More USA Job Vacancies Than Unemployed People In USA

There have been more available jobs in America than unemployed workers for the last three months. According to the Labor Department in June there were around six and a half million people searching for work in June but there were more job vacancies.

Latest USA Economic Data

  • Americas unemployment rate of 3.9 percent is the lowest in 18 years
  • USA inflation in June was 2.9 percent
  • USA wages growth 2.7 percent
  • USA economy growing at around 4.1 percent

4th August 2018 The Problem With USA Jobs Market Is Not Lack Of Jobs But Lack Of Skilled Workers Or Even Just Lack Of Workers Prepared To Work

According to the USA Labor Department USA unemployment rate has fallen to 3.9 percent. The likelihood of unemployment falling further is not down to lack of jobs but a lack of skills. Job vacancies in USA are still being created in massive numbers but the skills gap prevents these vacancies being filled.

There are people who could be in the USA jobs market who choose not to work for different reasons. Higher wages may tempt them back into job or to retrain to fill jobs vacancies.

USA average wages are increasing by 2.7 percent. The skills gap in America means this should accelerate creating more inflation. The lack of unskilled workers who are prepared to do unskilled jobs should also put more pressure on wages to rise faster. There is a lack of workers to fill skilled and unskilled jobs in America.

USA economy is currently growing at around 4.1 percent as per second quarter figures year on year.

USA interest rates have increased twice this year to try to keep a lid on inflationary pressures but at least one more increase is expect in 2018.

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27th July 2018 US Economy Grew at Fastest Pace in Nearly Four Years in Second Quarter

USA GDP hit 4.1 percent in second quarter of 2018 according to Commerce Department.

USA exports grew by more than 9% the fastest rate since the fourth quarter of 2013

20th July 2018 Missouri Amphibious Boat Tragedy

At least 11 people have died after an amphibious duck boat carrying tourists sank on Table Rock Lake in stormy weather near Branson. Five others are missing.

3rd July 2018 More Evidence Of Expanding USA Economy

USA factory output rises faster than expected in June. The Institute for Supply Management is a trade group of purchasing managers. It has reported manufacturing activity at its highest level since February 2018.

USA manufacturing output and job creation all grew in June

19th June 2018 USA Housing Starts Jump In May

USA homebuilding starts jumped to highest since July 2007.

14th June 2018 USA Economic Data Continues To Improve

The American economy continues to develop for the better. Consumers hit the shops. USA retail sales jump in May according to USA Commerce Department.

First time applications for unemployment benefits fell last week and jobless roll call dropped to a near 44 year low.

Americas balance of trade continues to narrow. Many economists expect Americas economic growth to continue to accelerate this year.

13th June 2018 USA Interest Rate Increase

Federal Reserve increased benchmark interest rate for second time in 2018. Rising inflation strong jobs market and continuing economic strength has persuaded the Federal Reserve to increase interest rates again this year.

It is likely that the Fed will need to increase interest rates another couple of times this year to stop inflation rising too fast. In addition Americans can except around three interest rate increase in 2019 as America starts to normalise its finances to an interest rate closer to the long term average for America.

Rising interest rates from where America is today is actually a sign of the strength of the American economy not a weakness. That will not make it feel less painful for people who want to borrow. Buying a home in America is set to become much more expensive which is why housing stocks have dropped.

If you are buying a house or big ticket items like a car in America now may be the time to get that loan as very soon loans in America will be much more expensive.

7th June 2018 USA Trade Gap Narrows Again In April

USA trade deficit fell to lowest since September 2017 in April. USA exports increased to a record high

Interest rates in USA will continue to rise and maybe faster than previously expected.

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USA Enterprise Risk Management ERM Training

Managing business enterprise risks better in USA to achieve enterprise objectives more easily, with less uncertainty and more confidence.

Identify threats and opportunities to your business in USA. Assess the impact of threats and find out how to exploit business opportunities more. Learn how to control corporate risks within your risk tolerance and appetite for risk to boost your business performance.

Find a better way to deal with the complexities of enterprise wide risk management ERM. Sign up for one of our online enterprise risk management ERM workshops or book an inclassroom workshop.

Enterprise Risk Management ERM Training

  • Develop ERM risk knowledge and skills required for you and your business in USA.
  • Revise your enterprise risk management ERM framework and risk assessment process.
  • Build a new risk based approach to your strategic operational and project risks.

Use our enterprise risk management distance learning training or book an inhouse workshop.


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