Lynn Reaser

Type: Person
Name: Lynn Reaser
First reported Aug 16 2014 - Updated Aug 16 2014 - 1 reports

California adds more than 27,000 jobs in July

California added more than 27,000 jobs in July, marking another month of continued employment growth outpacing the nation.Employment Development Department data released Friday showed that the state's unemployment rate remained flat at 7.4%, but economists ... [Published Los Angeles Times - Aug 16 2014]
First reported Aug 04 2014 - Updated Aug 04 2014 - 1 reports

California Controller's CEA Chief Economist, Lynn Reaser: Stocks To Correct 10% In 3 Months, Q3 GDP Up 3%

Summary 10% stock market correction likely in next 3 months, but it won't be worrisome. Q3 GDP up 3%, 2015 slightly under 3%, interest rates up mid-'15. Strong U.S. sectors: autos, energy exploration and development, and tech. Weak: consumer non-discretionary, ... [Published Seeking Alpha - Aug 04 2014]
First reported Aug 01 2014 - Updated Aug 02 2014 - 1 reports

Renewed hope as 209,000 jobs added?

The summer season and news of an improved labor market caused hundreds of thousands of people to start looking for work in July, helping push the U.S. unemployment rate a little higher.Last month, employers across the country added 209,000 people to payrolls, ... [Published U-T San Diego - Aug 01 2014]
First reported Jul 30 2014 - Updated Jul 30 2014 - 1 reports

US economy bounces back sharply

(CNNMoney) -What a relief. The deep economic contraction earlier this year was temporary after all.New data released Wednesday show the U.S. economy bounced back in the spring, growing at a 4% annual pace in the second quarter. That was even better than ... [Published Click Orlando - Jul 30 2014]
First reported Jul 28 2014 - Updated Jul 28 2014 - 1 reports

Economic data dump this week

Economic news junkies: Get your computers ready for a series of data and word-intensive downloads this week. They include a monetary policy statement from the Federal Reserve, the government's monthly jobs report and the first estimate of second-quarter ... [Published Bankrate.com - Jul 28 2014]

Quotes

"the whole legacy of the housing downturn is still having a very long tail in los angeles, orange county and the inland empire" said Lynn Reaser, chief economist of the Fermanian Business & Economic Institute at Point Loma Nazarene University in San Diego
...felt sufficiently confident to look for a job, but not all of them found one," said Lynn Reaser, chief economist at Point Loma Nazarene University. "overall, july's jobs report shows that companies are still not aggressively adding to payrolls and that job seekers need to have very polished resumes."
The still-large number of underemployed Americans remains a sticking point as well. "There is a lot of temporary help," says Reaser. "people can't get a full-time job. there are over 3 million people who have been out of work for six months or longer."
...healing and inflation is not going to be a problem,' said economist Lynn Reaser, vice president of the National Association for Business Economics. "the bogeyman of deflation also was removed from the fed's primary risk list." The Fed in March launched a $1.2 trillion effort to drive down interest rates to try to revive lending and get Americans to spend more freely again...

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California adds more than 27,000 jobs in July [Published Los Angeles Times - Aug 16 2014]
California Controller's CEA Chief Economist, Ly... [Published Seeking Alpha - Aug 04 2014]
Renewed hope as 209,000 jobs added? [Published U-T San Diego - Aug 01 2014]
US economy bounces back sharply [Published Click Orlando - Jul 30 2014]
Economic data dump this week [Published Bankrate.com - Jul 28 2014]
US recession easing: Federal Reserve [Published Times of India - Jun 25 2009]
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