Analysts Divided over Economic Future The Labor Department reported last week that nearly 300,000 new jobs were created over the last three months. But economic analysts are divided over the future. Bill Gross, founder of Pimco Funds in Newport Beach, California, is skeptical about the economy's long-term prospects. Diane Swonk, chief economist at Bank One in Chicago, is more optimistic. She says the new report about jobs exceeded expectations. Hear Gross and Swonk.