by sslifer | Jul 25, 2024 | Employment, NumberNomics Notes
July 25, 2024 Initial unemployment claims fell 10 thousand in the week ending July 20 to 235 thousand after increasing 22 thousand in the previous week. This series has been rising very slowly since the beginning of the year. The number of people receiving...
by sslifer | Jul 5, 2024 | Employment, NumberNomics Notes
July 5, 2024 Payroll employment for June rose 206 thousand following downward revised gains in May ot 218 thousand and 108 thousand in April. In the past three months the average increase has been 177 thousand. The employment gains are clearly slowing down, but at...
by sslifer | Jul 5, 2024 | Employment, NumberNomics Notes
J July 5, 2024 Private sector employment for June rose 136 thousand following downward revised gains in May ot 193 thousand and 108 thousand in April. In the past three months the average increase has been 146 thousand. The employment gains are clearly slowing down,...
by sslifer | Jul 5, 2024 | Employment, NumberNomics Notes
July 5, 2024 The unemployment rate rose 0.1% in June to 4.1% ((4.054%) after increasing 0.1% in May to 4.0% after having risen 0.1% in April to 4.0%. In June the labor force rose by 277 thousand.. Employment increased 116 thousand. As a result, the number of...
by sslifer | Jul 5, 2024 | Employment, NumberNomics Notes
July 5 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 climbed by 206 thousand in June. At the same time the nonfarm workweek was unchanged...
by sslifer | Jul 5, 2024 | Employment, NumberNomics Notes
July 5, 2024 Average hourly earnings rose 0.3% in June to $35.00 after having gained 0.4% in May and 0.2% in April. Earnings growth continues to slow from 5.5% at the beginning of last year to 3.9% currently. Presumably, the flood of workers from Latin America...
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