by sslifer | Oct 2, 2026 | Forecasts, NumberNomics Notes
October 2, 2026 We expect a 3.5% GDP growth rate in the third quarter of this year which would give us 2.6% growth for the year as a whole. We expect 2.6% GDP growth in 2027. Given the GDP forecast above, we expect the unemployment rate to be steady at 4.1% at the...
by sslifer | Oct 2, 2026 | Employment, NumberNomics Notes
October 2, 2026 . .Payroll employment rose by 29 thousand in September after climbing by 133 thousand in August. In the past three months payroll employment has risen on average by 51 thousand per month .The labor market seems to be improving slowly but steadily....
by sslifer | Oct 2, 2026 | Employment, NumberNomics Notes
October 2, 2026 . Private sector employment rose by 46 thousand in September after climbing by 89 thousand in August. In the past three months private sector employment has risen on average by 54 thousand per month .The labor market seems to be improving slowly but...
by sslifer | Oct 2, 2026 | Employment, NumberNomics Notes
October 2, 2026 OK The unemployment rate rose 0.1% in September to 4.2% after having been unchanged in August. The labor force jumped by 485 thousand in September while employment rose by 406 thousand. As a result, the number of unemployed workers rose by 78...
by sslifer | Oct 2, 2026 | Employment, NumberNomics Notes
October 2, 2026 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 rose by 29 thousand in September. At the same time the nonfarm workweek was...
by sslifer | Oct 2, 2026 | Employment, NumberNomics Notes
October 2, 2026 Average hourly earnings rose 0.1% in September to $37.81 after climbing by 0.3% in August Earnings growth in the past year has been 3.0%. While nominal earnings have risen 3.0% in the past year, inflation has risen by 3.3% so real or...
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