Average Duration of Unemployment

August 2, 2019 The average duration of unemployment fell 2.6 weeks in July to 19.6 weeks after having fallen 1.9 weeks in June.  This series bounces around from month to month, but it does seem to still be declining slowly.  Its current level of 19.6 weeks is the...

ADP Employment

July 31, 2019 As shown above the ADP survey shows an impressive 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...