The employment report came in much as the ADP report had suggested it would. Payroll employment was little changed at 54,000. This is considerably weaker than over the last few…

…as the unemployment rate ticked up from 9.6% to 9.8%. Non-farm employment was little changed as it only ticked up 39,000, less than half the average monthly gains so far…

This recession caused a severe disruption in the labor market for teen employment. The chart below illustrates the unemployment rate alongside the employment-to-population ratio for those aged 16-19 years. The…

By Spencer The employment report was discouraging. In contrast to last month when the leading indicators of employment appeared to be stabilizing, they resumed their downtrend this month. Most importantly,…

By Spencer The June employment report sent a clear message to expect more of the same. It showed essentially no signs of improvement as payroll employment fell -467,000 and the…

By Spencer The March employment report continued the trend of the last few months with payroll employment down 694,000, about the same as the last few months. This brought the…

…employment in November household employment has fallen to 97.7% and is now worse than the declines in the 1974 and 1981 recessions. Employment growth is worse than in the last…

The Employment Situation Summary for April 2006 reports that employment per the payroll survey rose by 138,000. The household survey shows an increase of only 47,000. I wish I had…

…in the unemployment rate. Let’s hope this reversal of employment growth is temporary as my read of the labor market is that it continues to fall short of full employment….

…From the report: Nonfarm payroll employment increased by 169,000 in August, and the unemployment rate was little changed at 4.9 percent, the Bureau of Labor Statistics of the U.S. Department…