Ken Goldstein
Ken Goldstein
Ken Goldstein, also known as Kene G and Jack Dempsey, born June 1969, is an American film and television writer, producer, director and occasional actor. He is a co-founder of Planet illogica and CEO of The Six Shooter Company and the author of the book series, The Way of the Nerd. Goldstein is an active speaker at conferences and festivals, universities and private and public institutions. He has been a featured and Keynote speaker in Brazil, Australia, France and Germany...
economy economy-and-economics hiring might months remain setting slower soft
With slower hiring, and indications that hiring might remain soft in the months ahead, the economy could struggle, setting up a self-fulfilling prophecy.
data delivering jobs labor less market month relatively remain soft suggest
These data suggest the post-holiday labor market will remain relatively soft -- probably delivering a little less than 200,000 new jobs a month on average.
high labor last market plateau remains year
The labor market remains on a high plateau that has prevailed in the last year and a half.
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The labor market picture remains a bit cloudy. There are some bright spots where the job market may be picking up, but it's by no means a clear picture.
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The labor market may finally be hitting bottom. While layoffs remain large, they are no longer intensifying. Job advertising volume has stopped declining, although it remains at very low levels.
action beginning biggest data federal hand increases interest june ongoing prospect record remains reserve respond risk suggest
The biggest risk to the ongoing expansion, which in June will be in its record 111th month, remains the interest-rate increases at hand and the prospect of still more action by the Federal Reserve Board, ... The data suggest that some sectors may be beginning to respond to Fed tightening.
decline economy likely next remain weak
The two-month decline in the index suggests that the already-weak economy is likely to remain weak into next year.
consumer continue cuts dependent economic far hanging including investment layoffs likely opening recovery remains spending stronger tax weak
Consumer spending remains the mainstay of this weak economic recovery. With tax cuts enacted, the consumer is likely to continue hanging in there. But a real recovery, including a slowdown in layoffs and the opening of new jobs, is far more dependent on recovery in (business) investment than on stronger consumption growth.
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Consumer income remains very strong and now there are bargain prices for a lot of new products that are just coming out to the market, big new computers, new DVD audio equipment,
impact issue prove
To me, that could well prove a more important issue than the impact of Katrina,
buying less maybe people
What we are going to get is people grumbling about it -- maybe buying one less latte -- but they're not going to forego buying that new TV.
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We might still be seeing some small declines in manufacturing overall, but even that's a mix. This year you'll see more hiring in nondurable manufacturing sectors such as in chemicals, in rubber, in plastics, in paper.
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Both investment and hiring intentions reflect a level of caution over both pricing and profit strategies.
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The recovery in the leading index could indicate that the economy is poised for growth by late summer. There appears to be enough economic demand to end the slide in industrial production, though no strong rebound appears in sight.