by sslifer | May 7, 2021 | Commentary for the Week, NumberNomics Notes
May 7, 2021 Payroll employment rose 266 thousand in April which was far smaller than the 950 thousand increase that had been expected. Firms are struggling to find an adequate number of workers to satisfy the growing demand. To a large extent the shortfall can be...
by sslifer | May 7, 2021 | Forecasts, NumberNomics Notes
May 7, 2021 . The latest round of $1,400 tax stimulus checks sharply boosted retail sales in March. And if that is not enough, the virus is rapidly getting under control and some epidemiologists expect herd immunity to be achieved by May. Given all of that, we got...
by sslifer | May 7, 2021 | Employment, NumberNomics Notes
May 7, 2021 Payroll employment rose just 266 thousand in April which was far less than the expected increase of 950 thousand. That compared to an increase of 770 thousand in March. In addition to hiring people, businesses can also lengthen the hours of existing...
by sslifer | May 7, 2021 | Employment, NumberNomics Notes
M May 7, 2021 Private sector employment rose just 218 thousand in April which was far less than the expected increase of 950 thousand. That compared to an increase of 708 thousand in March. In addition to hiring people, businesses can also lengthen the hours of...
by sslifer | May 7, 2021 | Employment, NumberNomics Notes
May 7 2021 The unemployment rate rose 0.1% in April to 6.1% after having fallen 0.2% in March. After having jumped 10.3 percentage points in April from 4.4% to 14.7% the unemployment rat has been steadily declining but it now appears that employers are having...
by sslifer | May 7, 2021 | Employment, NumberNomics Notes
May 7 2021 In any given month employers can boost output by either additional hiring or by lengthening the number of hours that their employees work. Payroll employment rose by a mere 266 thousand in April was far less than the increase of 950 thousand that was...
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