Unemployment vs. Job Openings

February 11, 2020 .The  Labor Department reported that job openings fell 5.4% in December to 6,423 thousand after having declined 7.8% in November.  The biggest drop in job openings was in the transportation category so one wonders whether the G.M. strike and the...

Small Business Optimism

February 11, 2020 Small business optimism climbed 1.6 points in January to 104.3 after having declined 2.0 points in December.  The August 2018  level of 108.8  broke the previous record high level of 108.0 set 35 years ago back in July 1983.  The current level of...

Private Employment

February 7, 2020 Private sector employment rose 206 thousand in January after having climbed 127 thousand in December and 247 thousand in November.  The  3-month moving average of private employment is now 198 thousand.  Thus, the pace of hiring has remained...

Payroll Employment

February 7, 2020 Payroll employment rose 225 thousand in January after having climbed 147 thousand in December and 261 thousand in November.  The  3-month moving average of payroll employment is now 211 thousand.  Thus, the pace of hiring has remained remarkably...