Initial Unemployment Claims

April 2, 2020 Initial unemployment claims for the week of March 28 surged to 6,648 thousand after having rise 3,307 thousand in the prior week..  That is the number of people who showed up at the  unemployment office for the first time last week.  It is a measure of...

ADP Employment

April 1, 2020 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...

Unemployment vs. Job Openings

March 17, 2020 .The  Labor Department reported that job openings rose 6.3% in January to 6,963 thousand after having declined 3.5% in December.  Job openings remain at a very elevated level through January.  Indeed, there continue to far more job openings today than...