Asset Based Loan

The Fed speculates job increases may slow

In a Wednesday, April 25th, 2012 news conference, Federal Reserve Chairman Ben Bernanke speculated that he believes there is an increase possibility that the recent levels of employment level increases that have been seen in the previous two quarters will slow in the next months.

The chairman was quick to state that this was only his hypothesis.   He believes that future levels of employment increases will be below the approximately 250,000 per month jobs added levels of the most recent two quarters.

Bernanke stated that his hypothesis was based on his belief that the last two quarters of fairly consistent monthly job increase levels represented a “one time catch up”, basically making up for the stunning job losses in 2008 and 2009.