by sslifer | Apr 25, 2024 | Employment, NumberNomics Notes
April 25, 2024 Initial unemployment claims fell 5 thousand in the week ending April 20 to 207,000 after being unchanged in the previous week. The economy is strong enough and likely to remain so for the foreseeable future. No need to start laying off people. The...
by sslifer | Apr 5, 2024 | Employment, NumberNomics Notes
April 5, 2024 Payroll employment jumped by 303 thousand in March after having risen 270 thousand in February and 256 thousand in January. In the past three months the average increase has been 276 thousand. The March increase was larger than the 200 thousand...
by sslifer | Apr 5, 2024 | Employment, NumberNomics Notes
April 5, 2024 Private sector employment jumped by 233 thousand in March after having risen 206 thousand in February and 196 thousand in January. In the past three months the average increase has been 212 thousand. The March increase was larger than the 180 thousand...
by sslifer | Apr 5, 2024 | Employment, NumberNomics Notes
April 5, 2024 The unemployment rate fell 0.1% in March to 3.8% after having risen 0.2% in February. In March the labor force rose by 469 thousand.. Employment jumped by 498 thousand. As a result, the number of unemployed workers fell; by 29 thousand and the...
by sslifer | Apr 5, 2024 | Employment, NumberNomics Notes
April 5, 2024 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 303 thousand in March. At the same time the nonfarm workweek rose 0.1 hour...
by sslifer | Apr 5, 2024 | Employment, NumberNomics Notes
April 5, 2024 Average hourly earnings rose 0.3% in March to $34.69 after rising 0.2% in February and 0.5% in January. Firms across-the-board continue to scramble to find additional bodies. Earnings growth has slowed slightly from 5.5% at the beginning of last...
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