by sslifer | Oct 2, 2026 | Employment, NumberNomics Notes
October 2, 2026 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 29 thousand in September. At the same time the nonfarm workweek was...
by sslifer | Oct 2, 2026 | Employment, NumberNomics Notes
October 2, 2026 Average hourly earnings rose 0.1% in September to $37.81 after climbing by 0.3% in August Earnings growth in the past year has been 3.0%. While nominal earnings have risen 3.0% in the past year, inflation has risen by 3.3% so real or...
by sslifer | Oct 2, 2026 | Employment, NumberNomics Notes
October 2, 2025 The average duration of unemployment fell 1.5 weeks in September to 24.8 weeks after having risen 1.4 weeks in August . That works out to an average duration of unemployment of six months. It appears that unemployed workers are having a somewhat more...
by sslifer | Oct 1, 2026 | Housing, NumberNomics Notes
October 1, 2026 Construction spending (the green bars above) rose 0.9% in August after having fallen 0.1% in July. In the past 12 months it has declined 1.7% Private construction spending (excluding the government sector) rose 1.1% in August after having declined...
by sslifer | Oct 1, 2026 | NumberNomics Notes, Purchasing Managers Index
October 1, 2026 The Institute for Supply Management’s index of conditions in the manufacturing sector fell 0.1 point in September to 54.5 after having fallen 1.0 point in August. This is the 9th straight month that the manufacturing sector has been expanding...
by sslifer | Oct 1, 2026 | Employment, NumberNomics Notes
October 1, 2026 Initial unemployment claims fell 1 thousand in the week ending September 26 to 197 thousand after having been unchanged in the previous week. The number of people receiving unemployment benefits declined 11 thousand in the week ending September 19 to...
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