…underemployment rate up +0.1% from 6.9% to 7.0% Leading employment indicators of a slowdown or recession I am highlighting these because many leading indicators overall strongly suggest that an employment…
…the entirety of goods production employment. First, here is the historical record from 1950 through 2002 (note that the subcategory of residential construction employment was only added in 1988): Next,…
…January government employment was little changed as compared to the 276,000 drop in government employment last year. Despite all the talk about uncertainty employment gains this cycle continue to be…
…but the employment data. Now the employment data is joining the other data pointing to a stronger economy. We need to remember that employment is considered to be a lagging…
Although the July employment report was weaker than expected, it was still in line with recent experiences. The household survey reported employment gains of 204,000 while the payroll report showed…
Pandemic job losses: when should we begin a see a real improvement back towards “full employment”? Let’s take a deeper look at where employment stands as we begin to see…
The employment report was bad, as private payroll employment only rose 83,000. Moreover, the household survey showed a drop in employment of -350,000. The unemployment rate fell. But that is…
While the employment report was weak, it was among the best we have seen this cycle. Nonfarm payroll employment rose by 151,000 and the unemployment rate was unchanged at 9.6%….
…unemployment rate was unchanged at 10.0 percent, the U.S. Bureau of Labor Statistics reported today. Employment fell in construction, manufacturing, and wholesale trade, while temporary help services and health care…
The latest employment report shows payroll employment rose last month by 157 thousand to close 2004 at 132,266,000. This figure is slightly less than the 132,441,000 reported for December 2000….