Unemployment vs. Job Openings

September 9, 2020 The  Labor Department reported that job openings rose 10.3% in July to 6,619 thousand after climbing 11.7% in June and 7.5% in May, but  after having declined 16.9% in April and 14.2% in March.  As the economic expansion gathers momentum the number...

Gasoline Prices

September 9, 2020 Gasoline prices at the retail level fell $0.01 in the week ending September 7 to $2.21 per gallon.  After hitting bottom at $1.77 in the week of April 27, gasoline prices have been rising steadily.  In South Carolina gasoline prices tend to about...

Small Business Optimism

September 8, 2020 Small business optimism rose 1.4 points in August to 100.2 after having declined 1.8 points in July.  But this series fell a total of 13.6 points in March and April.  Seven of the 10 index components improved in August, 2 declined, and 1 was...

Private Employment

September 4, 2020 Private sector employment rose 1,027 thousand in August after increasing 1,481 thousand in July, 4,729 thousand  in June, and 3,236  thousand in May, after having plunged by 19,835 thousand jobs in April and 1,335 thousand in March. Given the sharp...

Payroll Employment

September 4, 2020 Payroll employment rose 1,371 thousand in August after increasing 1,734 thousand in July, 4,781 thousand  in June, and 2,725  thousand in May, after having plunged by 20,787 thousand jobs in April and 1,352 thousand in March. Given the sharp drop in...

Unemployment Rate

September 4, 2020 The unemployment rate fell 1.8% in August to 8.4% after having fallen 0.9% in July, 2.2% in June and 1.4% in May, after having jumped 10.3 percentage points in April from 4.4% to 14.7%.  The labor force jumped by 968 thousand in August.  Employment...