by Administrator | Nov 14, 2018 | No Spin News
The evidence we see about freight volumes and capacity utilization suggest that the pace of hiring should be faster. But we also need to mention that this category of employment only counts people who drive for trucking companies. If you drive a truck for your local...
by Administrator | Nov 13, 2018 | No Spin News
Construction hiring rose by 30,000 persons on the strength of strong moves in the two categories that make up specialty trade contractors. 4.7 million persons work in that part of the industry and they are about evenly split between those who work in the residential...
by Administrator | Nov 12, 2018 | No Spin News
The 32,000 person gain in manufacturing employment was spearheaded by a 21,000 person increase in durable goods employment. Half of that came from motor vehicles and parts. More than half of the 11,000 person gain in nondurable manufacturing came from the 6,800 rise...
by Administrator | Nov 10, 2018 | No Spin News
The numbers match the news. Retailing, especially brick and mortar retailing, is under extreme pressure. Subscribe now!
by Administrator | Nov 9, 2018 | No Spin News
Health care, meanwhile, continued to move ahead at a brisk pace. Hospital employment was up another 13,000 in October, while ambulatory care rose by 14,200. Overall, we added another 35,600 jobs in this sector. As of October, we have 16.1 million persons working in...
by Administrator | Nov 7, 2018 | No Spin News
The headline number on total nonfarm payrolls came in well above the consensus estimate. Did this mean anything? Two big reasons why the October headline number is nothing special: 1) It is not even the best one of the year. 2) It is not even as large as the number...
by Administrator | Nov 2, 2018 | No Spin News
The numbers here don’t include any effects of recently announced changes in the wage structure at Amazon, changes that are expected to resonate throughout the retail sector. What the numbers here suggest to me is that employers are going resist raising wages for as...
by Administrator | Oct 31, 2018 | No Spin News, Special Reports
The steady pace of consumer spending growth explains why the blue bar on the right side of the chart held up. Why did the gray bar drop so sharply? Because inventories rose sharply. The large jump that you see here could have several causes. The first is that some of...
by Administrator | Oct 29, 2018 | No Spin News, Special Reports
The latest GDP report showed that the pace of growth has slowed between the second and the third quarters of the year. Was this good or bad news? The reason why this is being asked is because of the divergence of the bars on the right side of the chart. Why did this...
by Administrator | Oct 26, 2018 | No Spin News
The wage and hours news continues to be less than robust. We are holding this line above 3% (barely) because hours worked continue to rise. Hourly wages are going sideways. Subscribe now!
