ADVISORY/Experts Available to Discuss Slightly Lowered Unemployment Rate for November.

Business Editors

ADVISORY...

--(BUSINESS WIRE)

TOPIC: The unemployment rate dropped slightly from 6 percent in October to 5.9 percent in November, according to an article The Associated Press. Although this is the lowest employment rate in eight months, analysts expected more of a job increase in November. Experts predicted 150,000 new jobs would be added in November, but U.S. companies only added 57,000.

EXPERTS: ExpertSource can offer several highly qualified experts to comment on this story:

Gerald L. Gordon, Ph.D., has headed the Fairfax County (Virginia) Economic Development Authority since 1984 as Fairfax County transformed itself from a bedroom community of Washington, D.C., into one of the leading business and technology centers in the United States. Fairfax County has the highest median family income in the nation, 4,600 technology companies in a wide array of technology sectors, and the best-educated workforce in the country. Dr. Gordon has presided over the FCEDA as it has expanded its aggressive efforts to promote Fairfax County across the U.S. and in Europe and Asia. Fairfax County is the only U.S. county with offices/representation in London, Frankfurt and Tokyo. The FCEDA also has programs for capital attraction and for small and minority-owned businesses. Dr. Gordon previously worked for Arlington County, Virginia, and the U.S. Department of Labor. 703-790-0600, [e-mail]

Magnus Lofstrom is an assistant professor of economics and political economy at the University of Texas at Dallas. He is a labor economist with an emphasis on studying policy relevant issues applying econometric tools. Some of Professor Lofstrom's specific research interests include immigration, self-employment, welfare, earnings inequality and education. He received his Ph.D. in economics from the University of California, San Diego in 1999. Prior to joining the faculty at UTD, he served as a researcher and taught at the Institute for the Study of Labor (IZA) at the University of Bonn and at the University of California, Irvine. Dr. Lofstrom also holds appointments as research fellow at IZA and research associate at the Center for Comparative Immigration Studies at the University of California, San Diego. His work has been published in journals such as Demography, Journal of Human Resources, Journal of Population Economics, Research in Labor Economics and Swedish Economic Policy Review, as well as in NBER books edited by George Borjas and Robert Feenstra. 972-883-4763

Professor Robert Nakosteen, of University of Massachusetts/Amherst, can share his insight regarding labor market analysis and economic forecasting. His published research has been focused on the microeconometrics of labor markets, especially where censoring or truncation is a sampling issue. He teaches in the areas of Microeconomics, Statistics/Econometrics, and Business Forecasting. 413-545-5687

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