Initial Unemployment Claims

July 30, 2020 .Initial unemployment claims for the week of July 25 rose 12 thousand  to 1,434 thousand after having risen 114 thousand in the previous week, but having decline declined in each of the previous 15 weeks.  Claims have fallen steadily since reaching a...

Unemployment vs. Job Openings

July 7, 2020 The  Labor Department reported that job openings rose 8.0% in May to 5,397 thousand after having declined 16.9% in April and 14.2% in March.  As the economic expansion, which began in May, gathers momentum the number of job openings will rise gradually...

Private Employment

July 2, 2020 Private sector employment rose 4,767 in June after having climbed by 3,232 thousand in May after having plunged by 19,835 jobs in April and 1,335 thousand in March. Given the sharp drop in employment beginning in March and continuing into April, the...

Payroll Employment

July 2, 2020 Payroll employment rose 4,800 in June after having climbed by 2,699 thousand in May after having plunged by 20,787 jobs in April and 1,352 thousand in March. Given the sharp drop in employment beginning in March and continuing into April, the National...

Unemployment Rate

July 2, 2020 The unemployment rate fell 2.2% in June to 11.1% after having fallen 1.4% in May to 13.3% after having jumped 10.3 percentage points in April from 4.4% to 14.7%.  The labor force rose by 1,705 thousand in June.  Employment rose by 4.940 thousand workers. ...

Nonfarm Workweek

July 2, 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 jumped 4,800 thousand workers in May after having risen 2,699 thousand in May and having...