February Jobs Report Blows Past Expectations

jobs report

The Bureau of Labor Statistics released the February jobs report on Friday, which blew past estimated projections. Instead of the median forecast of 200,000 by Bloomberg’s survey, the U.S. economy added 235,000 jobs to payrolls for the month. The February jobs report continued the streak of adding more jobs than economists expected. Construction, private educational services, manufacturing, healthcare and mining drove […]

Three steps to prepare your firm for bonus season turnover

bonus season turnover

The outlook for the 2016 bonus season on Wall Street is not looking promising. A new report by Johnson Associates, a compensation consultant firm, predicts another year of disappointing bonuses for the financial services industry. “Incentive pay” as they call it, has been declining since 2014 and will hit everyone from investment bankers to hedge funders. This […]