Unemployment vs. Job Openings

May 11, 2021 The  Labor Department reported that job openings rose 597 thousand in March or 7.9% to a record 8,123 thousand after having risen 6.0% in February and 5.1% in January  The previous record high level for job openings was 7,574 thousand back in November...

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Payroll Employment

May 7, 2021 Payroll employment rose just 266 thousand in April which was far less than the expected increase of 950 thousand.  That compared to an increase of 770 thousand in March. In addition to hiring people, businesses can also lengthen the hours of existing...

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Private Employment

M May 7, 2021 Private sector  employment rose just 218 thousand in April which was far less than the expected increase of 950 thousand.  That compared to an increase of 708 thousand in March. In addition to hiring people, businesses can also lengthen the hours of...

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Unemployment Rate

May 7 2021 The unemployment rate rose 0.1% in April to 6.1% after having fallen 0.2% in March.  After having jumped 10.3 percentage points in April from 4.4% to 14.7% the unemployment rat has been steadily declining but it now appears that employers are having...

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Nonfarm Workweek

May 7 2021 In any given month employers can boost output by either additional hiring or by lengthening the number of  hours that their employees work.  Payroll employment rose by a mere 266 thousand in April was far less than the increase of 950 thousand that was...

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Nonfarm Productivity

May 6, 2021 Non-farm productivity rose 5.4% in the first quarter after having declined 3.8% in the fourth quarter. The first quarter increase consisted of an 8.4% increase in output combined with a 2.9% increase in hours worked. Hence, a 5.4% increase  in...

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