by sslifer | Mar 7, 2025 | Commentary for the Week, NumberNomics Notes
March 7, 2025 The chaotic nature of the Administration’s implementation of tariffs, immigration policy, and federal government layoffs is creating considerable uncertainty for consumers and business leaders. Thus far the economic damage has been minimal, but if it...
by sslifer | Mar 7, 2025 | Employment, NumberNomics Notes
March 7, 2025 Payroll employment climbed by 151 thousand in February after having climbed by 125 thousand in January and 323 thousand in December. The job gain was roughly in line with expectations, but the quality of the jobs has deteriorated. Many of those jobs...
by sslifer | Mar 7, 2025 | Employment, NumberNomics Notes
March 7, 2025 Private sector employment climbed by 140 thousand in February after having risen by 81 thousand in January and 287 thousand in December. The job gain was roughly in line with expectations, but the quality of the jobs has deteriorated. Many of those...
by sslifer | Mar 7, 2025 | Employment, NumberNomics Notes
March 7, 2025 The unemployment rate rose 0.1% in February to 4.1% after having declined 0.1% in January and having fallen 0.1% in December. The labor force fell 385 thousand in February while employment declined 588 thousand. As a result, the number of unemployed...
by sslifer | Mar 7, 2025 | Employment, NumberNomics Notes
March 7, 2025 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 151 thousand in February. In the past three months the average increase...
by sslifer | Mar 7, 2025 | Employment, NumberNomics Notes
March 7, 2025 Average hourly earnings rose 0.3% in February to $35.93 after having climbed 0.4% in January and 0.2% in December. Earnings growth in the past year has been 4.0%. While nominal earnings have risen 4.0% in the past year, inflation has risen fairly...
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