Initial Unemployment Claims

October 14, 2021 Initial unemployment claims for the week of October 9 fell 36 thousand to 293 thousand  after declining 35 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 steadily...

Job Openings

October 12, 2021 The  Labor Department reported that job openings fell 659 thousand or 5.9% in August to 10,439 thousand after rising 9.0% in July to 11,098 thousand which is a record high level.  This is first decline in job openings since December of last year. ...

Payroll Employment

October 8, 2021 Payroll employment rose by a much-smaller-than-expected 194 thousand in September but the July and August data were revised upwards.  August revised upwards from a gain of 235 thousand in August to an increase of 366 thousand and July rose 1,091...

Private Employment

October 8, 2021 Private sector employment rose by a much-smaller-than-expected 317 thousand in September but the July and August data were revised upwards.  The relatively small gain in September seems top reflect the upswing in COVID cases in that month.  It is...

Unemployment Rate

October 8, 2021 The unemployment rate fell 0.4% in September to 4.8% after declined 0.2% in August and  0.5% in July.  The labor force fell by 182 thousand in September most likely because of the spread of COVID.  Rather than look for a job potential employees stayed...

Nonfarm Workweek

October 8, 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 194 thousand in September.  In addition to hiring people, businesses can...