by sslifer | Dec 6, 2024 | Consumer, NumberNomics Notes
December 6, 2024 The preliminary estimate of consumer sentiment for December rose 2.2 points to 74.0 which is its highest level since April. This is the fifth consecutive month that sentiment has risen. Surveys of Consumers Director Joanne Hsu said, “Consumer...
by sslifer | Dec 6, 2024 | Employment, NumberNomics Notes
December 6, 2024 Payroll employment rebounded in November by 227 thousand after having risen just 36 thousand in October. The September and October data were revised upwards by a total of 56 thousand. In the past three months the average increase has been 173...
by sslifer | Dec 6, 2024 | Employment, NumberNomics Notes
December 6, 2024 Private sector employment rebounded in November by 194 thousand after having declined 2 thousand in October. The September and October data were revised upwards by a total of 56 thousand. In the past three months the average increase has been 138...
by sslifer | Dec 6, 2024 | Employment, NumberNomics Notes
December 6, 2024 The unemployment rate rose 0.1% in November to 4.2% after having been unchanged in October. In November the labor force fell 193 thousand.. Employment declined 355 thousand. As a result, the number of unemployed workers rose by 161 thousand and the...
by sslifer | Dec 6, 2024 | Employment, NumberNomics Notes
December 6, 2024 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 jumped by 227 thousand in November. At the same time the nonfarm workweek rose...
by sslifer | Dec 6, 2024 | Employment, NumberNomics Notes
December 6, 2024 Average hourly earnings rose 0.4% in November to $35.61 after increasing 0.4% in October. Earnings growth has slowed from 4.3% at the end of last year to 4.0% currently. The earlier decline in earnings appears to reflect the flood of workers from...
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