…employment-to-population ratio while African Americans had an employment-to-population ratio of 58.7%. White Americans had an employment-to-population ratio of 61% and Hispanics had the highest ratio at 63.9%. In both unemployment…

…population ratio, and those who are not employed but want a job now. The underemployment rate rose slightly, as did the level of short term unemployment. Only the headline unemployment…

…total construction employment (led by the building of new on-shore manufacturing plants) has continued to increase throughout: All of this has helped goods employment in total, which typically has rolled…

…not all of it. In particular, several of the annual revisions to the Household jobs Survey, and several other measures of employment and unemployment have been downright gloomy. Since I…

…the employment level (blue) with the unemployment level (red). The former did increase by a paltry 25,000, while the latter increased by 64,000. On a YoY basis, the employment level…

…here is the post-pandemic close-up: Manufacturing employment has stalled, but has not in any meaningful sense turned down. Residential construction employment and goods-producing employment generally have continued to rise. Historically,…

…better job opportunities and leverage to see strong wage growth. Unemployment fell to 3.6% in 2022 and held steady in 2023 as both the labor force and employment grew. The…

…As the figure below shows, the median employment response is essentially zero among these more comprehensive studies, with 90% of these studies finding no or only small disemployment effects. The…

…vehicle production and trucking employment declined, goods producing jobs as a whole declined, professional and business jobs declined; and finally, the unemployment rate, before rounding, rose 0.1%. This is recessionary….

…effects on employment (red): To reiterate, consumption leads employment. Changes in the strength of sales show up with some number of months’ delay in changes in the strength of employment….