by sslifer | Jan 14, 2025 | Inflation, NumberNomics Notes
January 14, 2025 The Producer Price Index for final demand includes producer prices for goods, as well as prices for construction, services, government purchases, and exports and covers over 75% of domestic production. Producer prices for final demand rose 0.2% in...
by sslifer | Jan 10, 2025 | Employment, NumberNomics Notes
January 10, 2025 Payroll employment climbed by 246 thousand in December after gaining 212 thousand in November. In the past three months the average increase has been 167 thousand. In addition to hiring workers employers can also alter the length of the workweek for...
by sslifer | Jan 10, 2025 | Employment, NumberNomics Notes
January 10, 2025 Private sector employment climbed by 223 thousand in December after gaining 182 thousand in November. In the past three months the average increase has been 138 thousand. t In addition to hiring workers employers can also alter the length of the...
by sslifer | Jan 10, 2025 | Employment, NumberNomics Notes
January 10, 2025 The unemployment rate declined 0.1% in December to 4.1% after having risen 0.1% in November. In December the labor force rose 243 thousand.. Employment climbed by 478 thousand. As a result, the number of unemployed workers fell 235 thousand and the...
by sslifer | Jan 10, 2025 | Employment, NumberNomics Notes
January 10, 2025 In any given month employers can boost output by either additional hiring workers or by lengthening the number of hours that their employees work. Payroll employment rose by 246 thousand in December. At the same time the nonfarm workweek was...
by sslifer | Jan 10, 2025 | Employment, NumberNomics Notes
January 10, 2025 Average hourly earnings rose 0.3% in December to $35.69 after having climbed 0.4% in November. Earnings growth has slowed from 4.3% at the end of 2023 to 3.9% in 2024. The earlier decline in earnings appears to reflect the flood of workers from...
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