Payroll Employment

October 4, 2024 Payroll employment jumped by 254 thousand in September after having risen 159 in August..  In the past three months the average increase has been 186 thousand.  The market had expected an increase in payroll employment for September of 150 thousand. ...

Private Employment

October 4, 2024 Private sector employment jumped by 223 thousand in September after having risen 114 in August..  In the past three months the average increase has been 145 thousand.  The market had expected an increase in private sector employment for September of...

Unemployment Rate

October 4, 2024 The unemployment rate fell 0.1% in September to 4.1% after having declined 0.1% August.  In September the labor force rose by 150 thousand..  Employment increased 430 thousand.  As a result, the number of unemployed workers fell  by 280 thousand and...

Nonfarm Workweek

October 4, 2024 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 254 thousand in September.   At the same time the nonfarm workweek...

Average Hourly Earnings

October 4, 2024 Average  hourly earnings rose 0.4% in September to $35.36 after having risen 0.5% in August.  Earnings growth has slowed from 4.3% at the end of  last year to 4.0% currently.  The earlier decline in earnings appears to reflect the flood of workers from...

Average Duration of Unemployment

October 4, 2024 The average duration of unemployment rose 1.6 weeks in September to 22.6 after having risen 0.4 week in August.  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...