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    August 4, 2013

    Employment update for July

    Written by Diana Packard

    At SMU we have never previously examined the civilian participation rate or the extent to which part time employment growth is influencing the bottom line number of job creation. Since we believe that both these aspects must influence consumer confidence, consumer spending and ultimately GDP and steel consumption, we decided to dig deeper this month. 

    The following points are highlights of the statement Erica L. Groshen, Commissioner Bureau of Labor Statistics, (BLS), made to the Joint Economic Committee UNITED STATES CONGRESS Friday, August 2, 2013

    Diana Packard

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