by sslifer | May 7, 2021 | Employment, NumberNomics Notes
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...
by sslifer | May 7, 2021 | Employment, NumberNomics Notes
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...
by sslifer | May 7, 2021 | Employment, NumberNomics Notes
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...
by sslifer | May 7, 2021 | Employment, NumberNomics Notes
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...
by sslifer | May 7, 2021 | Employment, NumberNomics Notes, Reference Charts (By Category)
May 7, 2021 Average hourly earnings jumped 0.7% in April to $30.17 after having declined 0.1% in March. Earnings often decline somewhat when the large majority of the increase in employment was in lower paying jobs — in this case the leisure and hospitality...
by sslifer | May 7, 2021 | Employment, NumberNomics Notes
May 7, 2021 The average duration of unemployment fell 0.9 week in april to 28.8 weeks after rising by 2.1 weeks in March. Many of the people that became unemployed earlier in 2020 remain unemployed. Stephen Slifer NumberNomics Charleston,...
Follow Me