Initial Unemployment Claims

January 13, 2022 Initial unemployment claims for the week of January 8 rose 23 thousand to 230 thousand after rising 7 thousand in the previous week.  After reaching a peak of 6,867 thousand in March of last year claims have been falling rapidly.  The 4-week average...

Payroll Employment

January 7, 2022 Payroll employment rose by 199 thousand in December which was less than the expected increase of 450 thousand. This compares to an increase of 648 thousand in October and 249 thousand in November.  On the surface the December gain seems anemic.  But...

Private Employment

January 7, 2022 Private sector employment rose by 211 thousand in December which was less than the expected increase of 450 thousand. This compares to an increase of 714 thousand in October and 270 thousand in November.  On the surface the December gain seems anemic. ...

Unemployment Rate

January 7, 2022 The unemployment rate fell 0.3% in December to 3.9% after having plunged by 0.4% in November and having fallen 0.1% in October and 0.5% in September.  The labor force rose by 168 thousand in December.  But employment climbed by 651thousand..  As a...

Nonfarm Workweek

January 7, 2022 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 199 thousand in December after climbing 249 thousand in November.  In...