by Administrator | Dec 29, 2018 | No Spin News
The November Household Survey report was a good report. The headline was consistent with the details, and the details had a lot (a technical term) of nice attributes. It was the kind of report that we should get at this stage of the expansion. The Federal Open Market...
by Administrator | Dec 27, 2018 | No Spin News
Public sector employment was down in November, as a 13,000 person drop in state employment more than offset small gains at the federal (+3,000) and local (+4,000) levels. Because we have previously seen major revisions to the state and local employment numbers, we...
by Administrator | Dec 25, 2018 | No Spin News
The moving average of the month-to-month change in private payrolls stayed on the same track we have seen in other expansions. Subscribe now!
by Administrator | Dec 23, 2018 | No Spin News
The final component of the Elite Eight is truck transportation employment where we saw a gain of 4,500 persons. Based on what we read in the trade press about the need for more truck drivers, one might be surprised that the gains on this chart are not larger than what...
by Administrator | Dec 22, 2018 | No Spin News
Temporary help added 8,300 jobs in November, which took the series to a new cycle high. As we have noted previously, when this series starts to move off its cycle high it has been a signal that employment conditions might be softening. The gains here over the past 11...
by Administrator | Dec 21, 2018 | No Spin News
The 9,000-person advance in wholesale trade payrolls is consistent with what we are reading about the level of inventories in the economy. Gains were noted in all three components of this sector, those being durable goods (+6,000), nondurable goods (+2,200) and...
