by Administrator | Sep 19, 2018 | No Spin News
Construction hiring was broadly based. While most of the 23,000 person gain was produced by increased hiring in specialty trade contractors (the people who finish buildings), there were also healthy gains in construction of both residential and nonresidential building...
by Administrator | Sep 18, 2018 | No Spin News
Those who want make a big deal out of the fact that this number was down are cautioned to cool their jets (a technical term). When you look at the details of what happened here what you see is a bunch (another technical term) of small changes that net out to -3,000....
by Administrator | Sep 17, 2018 | No Spin News
Health care employment continues to grow. One has to wonder whether we will ever satisfy the demand for workers in ambulatory health care. We added another 21,100 in August. The database that I use to maintain this set of charts goes back 10 years. There are only a...
by Administrator | Sep 13, 2018 | No Spin News
The pattern of monthly gains this year has closely resembled that of last year. Last year we had several hurricanes that affected employment in September. Subscribe now!
by Administrator | Sep 12, 2018 | No Spin News
The headline number was a gain of 201,000 persons. But the two prior months were revised downward. By 40,000 in June and 10,000 in July. So, the actual gain, net of revisions is the 151,000 you see below. All of which is a reminder that you always need to look past...
by Administrator | Sep 11, 2018 | No Spin News
There are many reasons to think that improved trade agreement will not be enough to reverse the long-term decline in this category of employment. Textiles, which made up a significant portion of the jobs in 1990, are not coming back. Even so, the continuation of the...
by Administrator | Sep 7, 2018 | No Spin News
The recent focus on trade and tariffs is in part due to what has been going on here. While employment in this sector has been rising steadily over the course of this expansion, the current administration has made this the principal focus of its economic agenda. While...
by Administrator | Sep 6, 2018 | No Spin News
After hitting a soft patch in 2015, industrial production has been moving ahead on a broad base over the past year and a half. The level and trend of this series will tell us a great deal about the staying power of the current expansion. Subscribe now!
by Administrator | Sep 5, 2018 | No Spin News
With little to indicate that a cycle peak is near, this expansion, already the second longest of the post-war era, is poised to move into first place by next July. Subscribe now!
by Administrator | Sep 4, 2018 | No Spin News
This chart is really starting to reflect the tight supply conditions in the industry, I am referring to the effects of having to fully implement in the Electronic Logging Device [ELD] mandate. The industry had feared that full implementation of the ELDs would reduce...
