By Spencer, The unemployment rate jumped to 10.2%. Except for the peak rate of 10.8% after the 1982 recession this is the highest in the post WW II era. The…

…spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales. The trough marks the end of the…

By Spencer The employment report was bad almost across the board. The monthly index of hours worked fell 1.0% to 104.7. Compared to the last quarter average of 106.1 this…

…the household survey and payroll data showed declines in employment last month and the only sector to show employment gains was government. The employment data strongly supports the conclusion that…

…that may be the most bearish scenario. Every time employment has fallen below its year ago level the US has experienced a recession and both employment measures are below their…

…downward revisions of the personal income data and expecting to to see employment revised down. But rather than employment, it was average hourly earnings that were revised lower. In particular,…

…labor force participation rate and I see that William Polley has already weighed in. The point starts with the identity that the unemployment rate is simply one minus (the employment-population…

…somewhat higher than the disappointing increase per the Payroll Survey, the employment-population ratio has flat lined at 62.8%. So why did the unemployment rate fall? Simple – because the labor…

…the US economy grew while employment fell – surely this can’t be positive for a President who wants to be re-elected. The recent strong gains in payroll employment (we have…

I’m seeing all types of comments on the 2013 rise in part time employment that blame it on Obama-care and that is just plain wrong. Based on unpublished BLS data…