by sslifer | Nov 3, 2023 | Employment, NumberNomics Notes
November 3, 2023 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 climbed by 150 thousand in October. At the same time the nonfarm workweek fell 0.1...
by sslifer | Nov 3, 2023 | Employment, NumberNomics Notes
November 3, 2023 Average hourly earnings rose 0.2% in October to $34.00 after climbing 0.3% in September. Despite higher inflation and higher interest rates firms across-the-board continue to scramble to find additional bodies. However, the prospect of a recession...
by sslifer | Nov 3, 2023 | Employment, NumberNomics Notes
November 3, 2023 The average duration of unemployment rose 0.1 week in October to 21.6 weeks after climbing 1.1 weeks in September. 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...
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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