by sslifer | Feb 11, 2020 | Miscellaneous, NumberNomics Notes
February 11, 2020 Small business optimism climbed 1.6 points in January to 104.3 after having declined 2.0 points in December. The August 2018 level of 108.8 broke the previous record high level of 108.0 set 35 years ago back in July 1983. The current level of...
by sslifer | Feb 7, 2020 | Employment, NumberNomics Notes
February 7, 2020 Private sector employment rose 206 thousand in January after having climbed 127 thousand in December and 247 thousand in November. The 3-month moving average of private employment is now 198 thousand. Thus, the pace of hiring has remained...
by sslifer | Feb 7, 2020 | Employment, NumberNomics Notes
February 7, 2020 Payroll employment rose 225 thousand in January after having climbed 147 thousand in December and 261 thousand in November. The 3-month moving average of payroll employment is now 211 thousand. Thus, the pace of hiring has remained remarkably...
by sslifer | Feb 7, 2020 | Employment, NumberNomics Notes
February 7, 2020 The unemployment rate edged up 0.1% in January to 3.6% (3.58%) after having been unchanged in December. At 3.6% the unemployment remains close to its lowest level since December 1969 — almost 50 years ago. The labor force rose 50 thousand in...
by sslifer | Feb 7, 2020 | Employment, NumberNomics Notes
February 7, 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 for January rose 225 thousand. On average jobs are climbing by about 175 thousand per...
by sslifer | Feb 7, 2020 | Employment, NumberNomics Notes, Reference Charts (By Category)
February 7, 2020 Average hourly earnings rose 0.2% in January to $28.44 after gaining 0.1% in December and 0.4% in November. Hourly earnings are gradually accelerating slowly. During the past year hourly earnings have risen 3.1%. Earnings would be growing more...
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