ADP: U.S. private sector adds 281,000 jobs in June

ADP: U.S. private sector adds 281,000 jobs in June

WASHINGTON, July 2 (UPI) --ADP released a report Wednesday that shows the U.S. private sector added 281,000 jobs in June, increasing expectations for Thursday's jobs report.
Ananth Baliga
ADP: private sector job growth slows, April's figures revised downwards

ADP: private sector job growth slows, April's figures revised downwards

NEW YORK, June 4 (UPI) --Growth in private sector jobs slowed down drastically in May, after posting considerable gains in April following sluggish growth during the winter months.
Ananth Baliga
Private businesses add 220,000 jobs, highest in five months

Private businesses add 220,000 jobs, highest in five months

NEW YORK, April 30 (UPI) -- Employers upped their hiring in April, with private businesses adding 220,000 new jobs, as the economy seems to be brushing off the effects of a harsh winter.
Ananth Baliga

Unemployment insurance running out for 1.3M long-term unemployed

WASHINGTON, Dec. 27 (UPI) -- Extended unemployment benefits expire this weekend for 1.3 million long-term unemployed Americans, an event the White House said "defies" reason.
Strength of housing recovery questioned

Strength of housing recovery questioned

NEW YORK, Sept. 30 (UPI) -- The recovery in the U.S. housing market could run out of steam if it depends on investors to carry it along, an economic report explains.

Wealth returning slowly, but more slowly for the poor

ST. LOUIS, May 31 (UPI) -- The recovery of wealth lost during the recession has favored affluent whites, a study by the St. Louis Federal Reserve said.

Zandi cited as possible head of FHFA

WASHINGTON, April 15 (UPI) -- The White House has been testing the reaction in Washington to economist Mark Zandi running the Federal Housing Finance Agency, a policy analyst said.

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Jobs report puts focus on sequester

WASHINGTON, April 6 (UPI) -- Democrats say the federal budget sequester is to blame for a disappointing U.S. March jobs report but Republicans blame President Barack Obama's policies.

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U.S. stock indexes open down, close down ... Census Bureau: Child-care costs rise ... Minister: Italy to repay debt sans taxes ... Pemex research unit, Exxon sign tech pact ... News from United Press International.

U.S. stock indexes open down, close down

NEW YORK, April 3 (UPI) -- U.S. stock indexes maintained a downward trend throughout the trading session Wednesday, reacting to a lackluster report on March private-sector job creation.

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U.S. stock indexes maintain downward spin ... ADP: 158K new private-sector jobs in March ... Indian PM says 8 percent growth possible ... Samoa Air charges by weight, not seat ... News from United Press International.

ADP: 158K new private-sector jobs in March

ROSELAND, N.J., April 3 (UPI) -- Private-sector employment in the United States rose by 158,000 jobs from February to March, payroll processor ADP said Wednesday.

U.S. jobless rate steady at 7.8 percent

WASHINGTON, Jan. 4 (UPI) -- The U.S. unemployment rate held steady in December at 7.8 percent, with 155,000 new non-farm jobs added, the Bureau of Labor Statistics reported Friday.

Jobless claims drop by 25,000

WASHINGTON, Dec. 6 (UPI) -- The U.S. Labor Department Wednesday said first-time jobless benefits claims dropped back close to where they were before Hurricane Sandy.
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Mark Zandi
Mark Zandi, chief economist and cofounder of Moody's Economy.com testifies before the Senate Banking Housing and Urban Affairs committee about the state of the US automobile manufacturing industry on Capitol Hill in Washington on December 4, 2008. Chrysler, GM and Ford are asking Congress for billions of dollars to help the industry weather the current economic crises. (UPI Photo/Roger L. Wollenberg)

Mark Zandi is an American economist and co-founder of Moody's Economy.com, a widely-cited source of economic analysis.. Moody's Economy.com is part of Moody's Analytics. Prior to founding Economy.com, Zandi was a regional economist at Chase Econometrics.

He was born in Atlanta, Georgia of Iranian descent and grew up in Radnor, Pennsylvania. He attended Upper Merion High School where he earned his diploma. Zandi received B.S. and Ph.D. degrees in economics from the University of Pennsylvania. His surname of "Zandi" comes from the Zand dynasty (formally known as the Zandieh dynasty), which ruled southern and south-central Iran (1750–1794) in the eighteenth century.

Zandi's analysis of the impact of an economic stimulus package on the United States economy was cited by Christina Romer and Jared Bernstein in their report on President Barack Obama's proposed American Recovery and Reinvestment Plan. Zandi uses old-style Keynesian models in the spirit of Nobel Prize winner Lawrence Klein. The utility of such models to gauge the impact of fiscal stimulus has been questioned by Harvard economist Robert J. Barro.

This article is licensed under the GNU Free Documentation License.
It uses material from the Wikipedia article "Mark Zandi."
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