Employment Situation Report – March 2021

BLS

Summary of the Bureau of Labor Statistics Monthly Employment Situation Report The U.S. Bureau of Labor Statistics (BLS) today reported total nonfarm payroll employment increased by 916,000 in March, significantly above consensus estimates. Unemployment rate fell to 6.0 percent, down considerably from its April 2020 high of 14.7 percent. Job growth was widespread, led by…

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Employment Situation Report – February 2021

BLS

Summary of the Bureau of Labor Statistics Monthly Employment Situation Report The U.S. Bureau of Labor Statistics (BLS) today reported total nonfarm payroll employment increased by 379,000 in February, significantly above consensus estimates. Unemployment rate fell 6.2% or 10 million unemployed persons. Most of the job gains occurred in leisure and hospitality, with smaller gains…

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Employment Situation Report – January 2021

BLS

Summary of the Bureau of Labor Statistics Monthly Employment Situation Report The January job gain of 49,000 was in-line with most analysts’ expectations and represented an improvement over the weak December Bureau of Labor Statistics (BLS) report. Unemployment rate fell by 0.4 percentage point to 6.3% in January or 10.1 million unemployed persons. The BLS…

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The Secret Lives of Dentists

I remember the first time that I ran into my family dentist in town rather than in his office. I was a teenager at the time, so I should not have been shocked that my dentist had interests other than plaque removal and collecting issues of Highlights. In reflecting on this incident I got to…

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Traditional Practice vs Group Practice

Twenty years ago, the vast majority of dentists were solo practitioners who called their own shots and ran their own businesses. Today, group practices represent a significant percentage of the market and now provide an alternative to traditional solo practice. At this point in your career, which setting is right for you? We have placed…

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Don’t Be Afraid To Make A Change!

In our consulting business, we have helped thousands of dentists buy and sell practices during the past 42 years. Until the past five years, the traditional practices or transitions took place when the seller was in his or her 60s and ready to retire. During the last five years, we have found many sellers choosing…

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