by sslifer | Dec 3, 2021 | Employment, NumberNomics Notes
December 3, 2021 Payroll employment rose by 210 thousand in November which was far less than the expected increase of 550 thousand. This compares to an increase of 546 thousand in October and 379 thousand in September. But this is only one piece of the story. ...
by sslifer | Dec 3, 2021 | Employment, NumberNomics Notes
December 3, 2021 .Private sector employment rose by 235 thousand in November which was far less than the expected increase of 550 thousand. This compares to an increase of 628 thousand in October and 424 thousand in September. But this is only one piece of the...
by sslifer | Dec 3, 2021 | Employment, NumberNomics Notes
December 3, 2021 The unemployment rate plunged by 0.4% in November to 4.2% after having fallen 0.2% in October and 0.4% in September. The labor force rose by 594 thousand in November. But employment jumped by 1,136 thousand.. As a result, the number of unemployed...
by sslifer | Dec 3, 2021 | Employment, NumberNomics Notes
December 3, 2021 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 rose by 210 thousand in November. In addition to hiring people, businesses can...
by sslifer | Dec 3, 2021 | Employment, NumberNomics Notes, Reference Charts (By Category)
December 3, 2021 Average hourly earnings rose 0.3% in November to $31.03 after having climbed 0.4% in September The year-over-year increase currently is 4.8%. Hourly earning are now considerably higher than the $28.51 level that existed in February 2020 —...
by sslifer | Dec 3, 2021 | Employment, NumberNomics Notes
December 3, 2021 The average duration of unemployment rose 2.2 weeks in November to 28.9 weeks after having fallen by 1.7 weeks in October. Many of the people that became unemployed in 2020 remain unemployed. It has been steady at about this same level since the...
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