Weekly Economic Update February 16-20, 2015
Daily Econ Digest Weekly Highlights:
- Forbes: Student Loan Forgiveness Could Be Expensive Education For Taxpayers (Friday)
- CNN Money: You'll pay a lot more to see the doctor with Obamacare(Thursday)
- Washington Post: The decline of American entrepreneurship — in five charts (Wednesday)
- Investors: Studies Confirm Dodd-Frank Strangling Small Lenders (Tuesday)
- Forbes: Buried In The Numbers: Obamacare's Costs Are Climbing, Not Receding (Monday)
Top Economic Indicator Highlights:
Job Openings & Labor Turnover Survey (JOLTS, December)
- Job openings: 5.028 million, 12-mo avg.: 4.561 million, Recovery avg.: 3.530 million
- Hires: 5.148 million, 12-mo avg.: 4.856 million, Recovery avg.: 4.345 million
- Separations (quits, layoffs, discharges): 4.886 million, 12-mo avg.: 4.616 million, Recovery avg.: 4.203 million
- Noteworthy: Of separations, there were 2.7 million quits and 1.7 million layoffs. This was the highest level of job openings since January 2001, the highest level of hires since November 2007, and the highest level of separations since October 2008.
THIS WEEK
Upcoming Economic Reports & Releases:
Major Indicators
- Housing Starts(8:30am, Wednesday)
- Producer Price Index for Final Demand (8:30am, Wednesday)
- Industrial Production(9:15am, Wednesday)
Chart of the Week: