Initial Unemployment Claims

November 14, 2019 Initial unemployment claims rose 14 thousand in the week ending November 9 to 225 thousand.  The four-week average of claims rose 2 thousand to 217 thousand.  The 4-week average for the week of April 13 of 202 thousand was the lowest for the current...

Unemployment vs. Job Openings

November 5, 2019 The  Labor Department reported that job openings fell 3.8% in September to 7,024 thousand after having risen 1.8% in August.  Job openings remain at a very elevated level.  Indeed, there are far more job openings today than there were prior to the...

Private Employment

November 1, 2019 Private employment rose 131 thousand in October, but that excludes 42 thousand G.M. workers who were on strike during the survey week.  In addition, employment for August was revised upward by 41 thousand from an increase of 122 thousand to a revised...

Payroll Employment

November 1, 2019 Payroll employment rose 128 thousand in October, but that excludes 42 thousand G.M. workers who were on strike during the survey week.  In addition, employment for August was revised upward by 51 thousand from an increase of 168 thousand to a revised...

Unemployment Rate

November 1, 2019 The unemployment rate rose 0.1% in October to 3.6% after having declined 0.2% in September.   At 3.6% the unemployment remains close to its lowest level since December 1969  — almost 50 years ago.  The labor force rose 325 thousand in October. ...

Nonfarm Workweek

November 1, 2019 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 for October rose 128 thousand  but that excludes 42 thousand G.M. workers that were on...