Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

Washington
CUNA's Hampel talks jobs on CNBC
WASHINGTON (1/4/13)--Interviewed live Thursday afternoon on CNBC's Closing Bell, Credit Union National Association (CUNA) Chief Economist Bill Hampel said "things are looking up" for the economy and job markets in 2013.

Hampel said he expects Friday's jobs report, the first of 2013, to show that between 150,000 and 170,000 new non-farm jobs were added last month. "Given the decline in jobless numbers over the last five weeks, we would have expected a payroll number [Friday] of more than 200,000… but we think businesses were spooked by the talk of the fiscal cliff, and hiring has probably been pulled back," Hampel added.

CUNA economists also see an uptick in the unemployment rate from 7.7% to 7.8%, he said.

Kevin Cummins of UBS and Philip Noftsinger of CBIZ Payroll Services also appeared during the segment.

For video of the segment, use the resource link.
RSS print
News Now LiveWire
Large CU stress testing on the agenda for the April @theNCUA open meeting http://t.co/2TUcnmCmPi
1 hours ago
#FinancialLiteracyMonth Test your college financial aid knowledge @nasfaa http://t.co/xgrDmHaw8W
9 hours ago
Join @theNCUA #NCUAchat with @KenWortheyJr on April 23 from 11am to 12pm EST http://t.co/TnNmfFh4Nl #FinancialLiteracyMonth
11 hours ago
Maine's patent troll bill has become law. Read more in Monday in @NewsNowLiveWire
14 hours ago
Wash. DFI discusses serving legal marijuana businesses with @NWCUA http://t.co/3kw79HJUYF
14 hours ago