Initial Unemployment Claims

January 21, 2021 .Initial unemployment claims for the week of January 16 fell 26 thousand to 900 thousand after having risen 142 thousand in the previous week.  After reaching a peak of 6,867 thousand at the end of March initial claims had been steadily declining. ...

Private Employment

January 8, 2021 Payroll employment declined 95 thousand in December after having risen 417 thousand in November and 925 thousand in October.  Clearly, employment growth has come to a temporary halt as the corona virus takes its toll.  But this should be viewed as a...

Payroll Employment

January 8, 2021 Payroll employment declined 140 thousand in December after having risen 336 thousand in November and 654 thousand in October.  Clearly, employment growth has come to a temporary halt as the corona virus takes its toll.  But this should be viewed as a...

Unemployment Rate

January 8, 2021 The unemployment rate was  unchanged in December at 6.7% after having fallen 0.2% in November.  After having jumped 10.3 percentage points in April from 4.4% to 14.7% the unemployment rate fell sharply in each of the seven months before leveling off in...

Nonfarm Workweek

January 8, 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 245 thousand in November. The nonfarm workweek declined 0.1 h our in December to 34.7...