Initial Unemployment Claims

September 16, 2021 . Initial unemployment claims for the week of September 411 rose 20 thousand to 332 thousand  after declining 33 thousand  in the previous week.  After reaching a peak of 6,867 thousand at the end of March of last year initial claims had been...

Unemployment vs. Job Openings

September 8, 2021 The  Labor Department reported that job openings rose 749 thousand or 7.4% in July to 10,934 thousand which is a record high level.  This is the seventh consecutive increase in the number of job openings.  With as many job openings as there are, it...

Payroll Employment

September 3, 2021 Payroll employment rose by a much-smaller-than-expected 235 thousand in August after having risen 1,053 thousand in July (previously 943 thousand), after climbing 962 thousand (previously 938 thousand) in June.  Some economists suggest that the...

Private Employment

September 3, 2021 Private sector employment rose by a much-smaller-than-expected 243 thousand in August after having risen 798 thousand in July, after climbing 808 thousand in June.  Some economists suggest that the relatively small gain in August shows that the...

Unemployment Rate

September 3, 2021 The unemployment rate fell 0.2% in August to 5.2% after having declined  0.5% in July.  The labor force rose by 190 thousand in August.  Employment rose 509 thousand..  As a result, the number of unemployed workers fell by 318 thousand in August. ...

Nonfarm Workweek

September 3, 2021 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 rose by 243 thousand in August.  In addition to hiring people, businesses can also...