Perhaps the state that showed the best performance in level of employment was Utah. Industries seem to be booming there, where 52K jobs positions were added. Construction registered an increase of 7.7%, […]
Utah ranks on top in job creation for April 2015.
Unemployment rate is still at 5.4%: BLS.
The US Bureau of Labor Statistics released on April 27th 2015 its preliminary data on unemployment. On the national level the unemployment rate is still at 5.4%. By regions, the Midwest had […]
Check your regression analysis for these 7 Assumptions.
Econometricus.com: A Quantitative Research Consulting Firm. At Econometricus.com we help clients to get statistical data straight and accurate as much as possible. No matter whether our client is a lawyer supporting a […]
Traditional statistics proceedings for analysis of data: simple linear regression.
Steps in traditional statistics proceedings for analysis of data: 1. Formulation of Hypothesis. 2. Description of Mathematical model. 3. Collecting and organizing data. 4. Estimation of the coefficients. 5. Hypothesis testing and […]
Some criteria in evaluating results of a Regression Analysis.
Once you are done with your statistical modeling process, it is time to evaluate the overall soundness of your work. • First, do the signs of the estimated coefficients correspond to what […]
Foreign-born workers made up 16% of the US total labor force in 2014.
As the Federal Government awaits for the final judicial ruling on the Executive Actions taken by President Obama in favor of immigrants last Fall, the Bureau of Labor Statistics released today its […]
Who is holding back the housing market?
Housing market slowed down by 3.3% in United States during the month of April 2015, the National Association of Realtors reported on May 21st 2015. Lowest levels of sales by price were […]
Professional Businesses and Transportation pulled up job creation in U.S. for January 2015: ADP.
Professional Businesses and Trade, Utilities and Transportation pulled up job creation in United States for January 2015. Employment level started 2015 with an increase of roughly 213,000 jobs compared to December 2014, […]
Real US GDP increased 5.0 percent in the third quarter of 2014: BEA.
Real Gross Domestic Product increased 5.0 percent in the third quarter of 2014, the US Bureau of Economic Analysis reported today January 22 of 2015. The largest contributor for its expansion was […]
Median Wages and Earnings Continued Stagnant in 2014 for the Majority of US Occupations.
As President Barack Obama addressed the Nation’s Congress speaking of income inequalities among men and women, the Bureau of Labor Statistics released its quarterly report on weekly earnings focusing on such differences. […]
