The Jobs report for July will be released Friday. The economy turned a bit more negative in July. We expect 100,000 jobs, the unemployment rate to remain the same at 8.2% and the black unemployment to increase.
The 17 page Gazelle Index Report on Minority, Women and Small Business Outlook for 2012 is now available. The report analyzes the economy and the outlook for minority and women businesses.
Catherine Ross, Gazelle Index VP, said on CBS Morning Show, “To those who say ‘I’ve already paid for this,’ (i.e. the highway systems) my answer is, ‘Sometimes you have to pay to keep what you have,”
Another month or two is required in order to determine whether the lower than expected number of jobs created in March was caused by high oil prices, a statistical aberration or a slowing economy.