by sslifer | Dec 1, 2022 | Employment, NumberNomics Notes
December 1, 2022 Initial unemployment claims fell 16 thousand in the week ending November 26 to 225 thousand after having risen 18 thousand in the previous week. Thus far, in the face of rising interest rates and the fear of a recession, employers are reluctant to...
by sslifer | Nov 30, 2022 | Employment, NumberNomics Notes
November 30, 2022 The Labor Department reported that job openings fell 353 thousand in October to 10,334 thousand after having risen 407 thousand in September. With higher inflation triggering a series of Fed rate hikes the pace of economic activity has slowed...
by sslifer | Nov 30, 2022 | Employment, NumberNomics Notes
November 30, 2022 As shown above the ADP survey shows a respectable correlation with the private sector portion of the payroll employment data to be released a couple of days later. And well it should. ADP, or Automatic Data Processing, Inc. is a provider of...
by sslifer | Feb 22, 2012 | Employment, NumberNomics Notes
February 22, 2012 Weekly earnings for private sector employees in 2011 were $729 which is 23% below their public sector counterparts which came in at $895. Federal government employees topped the list at $1,063 dollars per week which 46% higher than the comparable...
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