by Administrator | Aug 16, 2018 | No Spin News
Well, we can shift from using the level of the series to using the year-over-year percent change in the series. This gets us the smoothness we got by doing the averaging of the level as well as a level of consistency that will allow its use to more finely date the...
by Administrator | Aug 15, 2018 | No Spin News
This is my second-most favorite way to present the data. We eliminate the noise by using a 12-month moving average. With the series smoothed out we can then add some other aspects to the chart that help us with the claim about this being the readings we get during the...
by Administrator | Aug 13, 2018 | No Spin News
Improving the employment situation in the manufacturing sector has been one of the highest priorities of the current administration. This chart suggests that they are succeeding in those efforts. The 32,000 person gain in July was spearheaded by a 13,100 rise in...
by Administrator | Aug 10, 2018 | No Spin News
The pace of hiring in health care continues to move ahead on a broad front with most of the categories of ambulatory care as well as hospitals showing gains in July. Last year, the monthly average gain in employment in the first seven months in this sector was 24,242...
by Administrator | Aug 8, 2018 | No Spin News
The next level analysis that we conduct is our look at the major sectors of employment. And we start by comparing the current level of activity to what it was in the same period a year ago. Why? Because as we shall see, the year-over-year comparisons of the various...
by Administrator | Aug 7, 2018 | No Spin News
As you can see here, the pattern of month-to-month gains in total payrolls has involved several good months and a pause for quite some time. And as you can also see here, the pattern of revisions, which is an integral part of understanding how this series works, has...
by Administrator | Aug 6, 2018 | No Spin News
Learn why the types of jobs that are added, or subtracted, from the labor market matters a lot when trying to figure out the current and future course of the economy. Subscribe to access NoSpinFORECAST’s valuable reports that will help you make better business and...
by Administrator | Aug 4, 2018 | No Spin News
One of the most reliable indicators of business cycle conditions is the series displayed on this chart. To get a fresh version of this chart within hours of its release by the Bureau of Labor Statistics, become a subscriber.
by Administrator | Aug 3, 2018 | No Spin News
We will know that the economy has reached the next business cycle peak the next time this line turns downward. But before that happens, we will have had some warning from our leading indicator of business cycle turning points. To see how that process works, click HERE...
by Administrator | Aug 2, 2018 | No Spin News
Wage growth has been much slower this expansion, for a variety of reasons. By this time in prior expansions wage growth had become more robust. For a free sample of the Employment Situation Report, click HERE.
