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U.S. Economy Won’t Grow More Than 2.5% Even by Q4 2014: Expert (09/27/13) Bart Van Ark

Continued high unemployment rates and lackluster investment could prevent the U.S. economy from growing faster than 2.5% by the fourth quarter of 2014, says Bart Van Ark, executive vice president and chief economist at the Conference Board. Although the unemployment rate dropped in August, Van Ark says the decline was tied to a decrease in the labor force participation rate rather than the addition of more jobs.

He calls the fact that people are leaving the labor force “a major concern going forward.” He notes that economic growth could be hampered in the near future by a possible government shutdown and the debt ceiling debate.

What Happens to Jobs Report if Government Shuts Down?

Wall Street Journal (09/27/13) Eric Morath

Next week’s jobs report may be deemed an inessential function of government. If so, and if the federal government shuts down on Tuesday, the report likely would not be released. However, according to a former commissioner of the U.S. Department of Labor’s Bureau of Labor Statistics, the report could possibly be released early. The unemployment survey has been completed, and analysts are processing the information.

Welcome New ASA Members

The ASA board of directors and staff welcome the following new members, which joined during the week of Sept. 16.

Adam Personnel Inc.

New York, NY

Agente Technical

Colleyville, TX

Assurance Staffing

Camp Hill, PA

ConSol Partners

Los Angeles, CA

DP Personnel

Cookeville, TN

Eagle Valley Temps

Avon, CO

Emerging Blue

San Francisco, CA

Merry Employment Group

West Hartford, CT

Mobius Industries USA

Kirkland, WA

Mortgage Staffing Solutions

Broomfield, CO

Onsite Staffing

Brea, CA

Prodigy Placements LLC

Dallas, TX

US Staffing Agency

Jackson, MI

Welco Staffing

Greenville, SC