Except for the drop in the workweek and aggregrate hours worked the February employment report was almost a duplicate of the January employment report. In both January and February the…

By Spencer Not only was the employment report disappointing, but previously reported encouraging leading indicators of employment were revised away. Most importantly, hours worked fell 0.5% from 99.0 to 98.5….

…that goes with the income data is the employment data. Since 1967 female trend employment growth has been 3.1% while male employment growth was only 1.5%. The growth in male…

…the Labor Department’s Employment Cost Index. Hold the phone – did I say we were at full employment with everyone enjoying higher real income? Thank goodness for Daniel Gross reminded…

The June employment report can be found here. Payroll employment grew by 146 thousand. With a similar estimated increase per the Household Survey, employment growth matched population growth with the…

…the Padawan is to update my chart on why I put less stock in the unemployment rate than the population ratio. Notice, however, that the employment-to-population ratio did rise a…

The BLS’s employment report for April is pretty good: Employment rose in April, and the unemployment rate was unchanged at 5.2 percent, the Bureau of Labor Statistics of the U.S….

…have represented about a 1% per year increase in employment, which is about how fast labor supply increases each year. The Payroll Survey numbers from BLS show that employment may…

…right questions: So are there reasons to think that the unemployment rate is a better measure of the state of the job market than the payroll employment count? The answer…

…output to reach potential as projected by the CBO. They have rose colored glasses on and their optimism is just sure that employment will progressively snowball toward 6% unemployment, higher…