by sslifer | Aug 7, 2026 | Commentary for the Week, NumberNomics Notes
August 7, 2026 The Bureau of Labor Statistics reported that payroll employment declined 23 thousand in July. That was totally unexpected. At the same time the unemployment rate declined 0.1% to 4.1%. These somewhat surprising results came about because the foreign...
by sslifer | Aug 7, 2026 | Forecasts, NumberNomics Notes
August 7, 2026 The economy expanded at a 1.5% pace in the second quarter and we expect a 3.5% growth rate in the third quarter of this year and 2.3% GDP growth for the year as a whole. Given the GDP forecast above, in 2026 we expect the unemployment rate to be steady...
by sslifer | Aug 7, 2026 | Employment, NumberNomics Notes
August 7, 2026 . .Payroll employment declined by 23 thousand in July after rising by 20 thousand in June and 63 thousand in May. The May and June data were revised downwards sharply. In the past three months payroll employment has risen on average by 20 thousand per...
by sslifer | Aug 7, 2026 | Employment, NumberNomics Notes
August 7, 2026 . .Private sector employment rose by 30 thousand in both June and July and 61 thousand in May. The May and June data were revised downwards sharply. In the past three months private sector employment has risen on average by 40 thousand per month ...
by sslifer | Aug 7, 2026 | Employment, NumberNomics Notes
August 7, 2026 OK The unemployment rate fell 0.1% in July to 4.1% after having declined 0.1% June to 4.2% after having been unchanged in May. The labor force fell by 264 thousand in July employment declined by 87 thousand. As a result, the number of unemployed...
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