by Administrator | Mar 18, 2019 | No Spin News
Last year, we had a very strong report in February for pretty much the same reasons we had a strong report this January. Everything went in the same direction. And, as you see on the chart, February was the outlier. But we did not know that for sure until much later....
by Administrator | Mar 14, 2019 | No Spin News
The February job report is a perfect example of why the National Bureau of Economic Research [NBER] waits at least six months before using the employment data to date a business cycle event. Total Nonfarm Payrolls is one of the four coincident indicators that the NBER...
by Administrator | Mar 1, 2019 | No Spin News
This statistic compares the number of people who lose their jobs in a given month to those who leave their jobs during that same month. The ratio goes down over the course of the expansion both because fewer lose their jobs as employment conditions improve and because...
by Administrator | Feb 28, 2019 | No Spin News, Uncategorized
Because of the special adjustments that are made to the January employment figures, it is best to take this piece of news with a grain of salt. The larger issue is whether we have made the cyclical bottom in the Unemployment Rate. Subscribe...
by Administrator | Feb 26, 2019 | No Spin News
The drop we see here has mostly to do with the seasonal nature of a lot of the work in the category. The end of retail shopping season is the major cause of the decline. The trend remains intact. In case you were wondering, the Bureau of Labor Statistics under...
by Administrator | Feb 25, 2019 | No Spin News
As the economy began to slow over the course of 2007, the number of persons reporting that they were working part-time because of slack work increased. This is what is supposed to happen at the start of a recession. Once the recession took hold, the pace at which...