by sslifer | May 15, 2025 | Employment, NumberNomics Notes
May 15, 2025 Initial unemployment claims were unchanged in the week ending May 10 at 229 thousand after declining 12 thousand in the previous week. There is no evidence that the labor market has been affected by layoffs thus far. However, we know that some...
by sslifer | May 2, 2025 | Employment, NumberNomics Notes
May 2, 2025 Payroll employment climbed by 177 thousand in April after gaining 185 thousand in March and 102 thousand in February. The job gain exceeded market expectations which were for an increase of 140 thousand. In the...
by sslifer | May 2, 2025 | Employment, NumberNomics Notes
May 2, 2025 Private sector employment climbed by 167 thousand in April after gaining 170 thousand in March and 107 thousand in February. The job gain exceeded market expectations which were for an increase of 140 thousand. In the past three months private sector...
by sslifer | May 2, 2025 | Employment, NumberNomics Notes
May 2, 2025 The unemployment rate was unchanged in April at 4.2% after having risen 0.1% in March. The labor force rose by 518 thousand in April while employment rose by 436 thousand. As a result, the number of unemployed workers rose 82 thousand and the...
by sslifer | May 2, 2025 | Employment, NumberNomics Notes
May 2, 2025 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 177 thousand in April In the past three months the average increase has been...
by sslifer | May 2, 2025 | Employment, NumberNomics Notes
May 2, 2025 Average hourly earnings rose 0.2% in April to $36.06 after having risen 0.3% in March. Earnings growth in the past year has been 3.8%. While nominal earnings have risen 3.8% in the past year, inflation has risen fairly quickly and real or...
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