by Administrator | Oct 21, 2018 | No Spin News
The 23,000 person gain in construction employment was dominated by the 15,500 person contribution from specialty trade contractors. Those are the folks who finish buildings, both residential and nonresidential. Employment at builders was little changed. The rest of...
by Administrator | Oct 19, 2018 | No Spin News
Manufacturing was up by 18,000 in September as durable goods makers added 17,000 persons to their payrolls. A small, but important event was the revision of the August number from a small negative to the small positive you see here. Why is this important? Because it...
by Administrator | Oct 18, 2018 | No Spin News
The juggernaut continues to move ahead, paced by large gains at both hospitals and ambulatory care facilities. At the rate things are going, I don’t think it will be too long before health care, currently employing 16,092,800 persons, passes leisure and hospitality,...
by Administrator | Oct 17, 2018 | No Spin News
As was the case last year, leisure and hospitality took a hit because of the storm. And, as we just said, because this year’s storm was where it was, the hit to employment was much smaller. And, as you also might expect, any rebound will be equally muted compared to...
by Administrator | Oct 15, 2018 | No Spin News
This is the second time in two years that hurricanes have affected the jobs count. Indeed, the first edition of the number from last September had a minus sign on it. So, one of the things that we have to keep in mind as we look at the year-over-year comparisons is...
by Administrator | Oct 13, 2018 | No Spin News
The headline on the payrolls report was less than what the consensus forecast said it should be(+185,000) Some folks, who did not look at this chart or one like it, interpreted the news as weak. Those of us who know how to read an employment report, factored in the...
