Unemployment vs. Job Openings

September 10, 2019 The  Labor Department reported that job openings fell 0.4% in July to 7,217 thousand after declining 1.8% in June.  Job openings seem to be bouncing around from month to month at a very elevated level.  Indeed, there are far more job openings today...

Private Employment

September 6, 2019 .Private employment for August rose 96 thousand after having risen 131 thousand in July and 161 thousand in June.   A better reading of what is truly going on is typically represented by the  3-month moving average of private employment which is now...

Payroll Employment

September 6, 2019 .Private employment r rose 130 thousand in August after having risen 159 thousand in July and 178 thousand in June.   A better reading of what is truly going on is typically represented by the  3-month moving average of private employment which is...

Unemployment Rate

September 6, 2019 The unemployment rate was  unchanged in August at 3.7% which is the third month in a row at that level.   At 3.7% the unemployment remains close to its lowest level since December 1969  — almost 50 years ago.  The labor force jumped 571...

Nonfarm Workweek

September 6, 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 August rose 130 thousand after having risen 159 thousand in July and 178 thousand in...