Private Employment

July 2, 2020 Private sector employment rose 4,767 in June after having climbed by 3,232 thousand in May after having plunged by 19,835 jobs in April and 1,335 thousand in March. Given the sharp drop in employment beginning in March and continuing into April, the...

Unemployment Rate

July 2, 2020 The unemployment rate fell 2.2% in June to 11.1% after having fallen 1.4% in May to 13.3% after having jumped 10.3 percentage points in April from 4.4% to 14.7%.  The labor force rose by 1,705 thousand in June.  Employment rose by 4.940 thousand workers. ...

Trade Deficit

July 2, 2020 The trade deficit for April widened by $4.8 billion in May to $54.6 billion after having widened by $7.4 billion fin April and by $7.7 billion in March.  Exports fell 4.4% in May after having declined 20.5% in April while imports declined by 0.9% in April...

ADP Employment

July 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...