by sslifer | Dec 4, 2020 | Employment, NumberNomics Notes
December 4, 2020 Private sector employment rose 344 thousand in November after having risen 877 thousand in October and 930 thousand in September Clearly, the pace of job creation slowed in November. However, the weekly data from initial unemployment claims and the...
by sslifer | Dec 4, 2020 | Employment, NumberNomics Notes
December 4, 2020 Payroll employment rose 245 thousand in November after having risen 610 thousand in October and 711 thousand in September Clearly, the pace of job creation slowed in November. However, the weekly data from initial unemployment claims and the number...
by sslifer | Dec 4, 2020 | Employment, NumberNomics Notes
December 4, 2020 The unemployment rate fell 0.2% in November to 6.7% after having declined by 1.0% in October and 0.5% in September. After having jumped 10.3 percentage points in April from 4.4% to 14.7% the unemployment rate has declined in each of the seven months...
by sslifer | Dec 4, 2020 | Employment, NumberNomics Notes
December 4, 2020 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 245 thousand in November. The nonfarm workweek was unchanged in November at 34.8 hours...
by sslifer | Dec 4, 2020 | Employment, NumberNomics Notes, Reference Charts (By Category)
December 4, 2020 Average hourly earnings rose 0.3% in November to $29.58 after rising 0.1% in both September and October, The jump in hourly earnings in April may seem a bit odd, but it came about because many of the jobs lost in that month were low paid workers. ...
by sslifer | Dec 3, 2020 | NumberNomics Notes, Purchasing Managers Index
December 3, 2020 The Institute for Supply Management not only publishes an index of manufacturing activity each month, they publish two days later a survey of service sector firms. The service sector business activity index fell 3.2 points in November to 58.0 after...
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