by sslifer | Jul 5, 2024 | Employment, NumberNomics Notes
July 5, 2024 The average duration of unemployment fell 0.5 week in June to 20.7 weeks after having risen 1.3 weeks in May. Its current level is roughly where it was prior to the recession in early 2020. After declining slowly for more than one year, it has flattened...
by sslifer | Jul 3, 2024 | Employment, NumberNomics Notes
July 3, 2024 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 | Jul 2, 2024 | Employment, NumberNomics Notes
July 2, 2024 The Labor Department reported that job openings rose 221 thousand in May to 8,140 thousand after declining 436 thousand in April The pace of economic activity has remained solid and the labor market has softened very gradually. Job openings have fallen...
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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