by Administrator | Jan 14, 2019 | No Spin News
When we saw the November figures last month, some were worried that the slower pace of hiring in the largest sector of payroll employment was a harbinger of something more serious. Turns out, there was nothing to worry about. A glance at the details of the hiring that...
by Administrator | Jan 13, 2019 | No Spin News
The 312,000 person gain posted in December is only 12,000 persons less than the gain you see in February. And since the figure plotted here is only the first edition, it is possible that December could yet be the largest month-to-month gain of the year. The more...
by Administrator | Jan 11, 2019 | No Spin News
Not only did the December number land with a resounding thump, the two prior months were both revised upwards. Yes folks, there were 370,000 more jobs in place in December. And, just about everyone was invited to this party and had a good time. Subscribe...
by Administrator | Jan 3, 2019 | No Spin News
I am extremely partial to this statistic because I think it tells a lot about the current and prospective conditions of the labor market. How much more this number can drop is going to depend heavily on what happens to the composition of unemployment. The recent drop...
by Administrator | Jan 2, 2019 | No Spin News
As it turns out, the decline that we saw in total part-time employment was the result of the drop we see here in what is also known as “voluntary” part-time employment. And the drop we see might have just as much to do with seasonal patterns as it does with economic...
by Administrator | Jan 1, 2019 | No Spin News
The jump in this line was not good. We had increases in both the number of people working part-time because their hours were cut back (this is noted under the rubric of “slack work” in the report) as well as in the number of people who were working part-time because...
by Administrator | Dec 30, 2018 | No Spin News
Strong gains in full-time employment are the most welcome news in these reports. This is far more important than the headline rate of unemployment for the simple reason that, until you know what brought about the headline rate of unemployment, you don’t know whether...
by Administrator | Dec 29, 2018 | No Spin News
The November Household Survey report was a good report. The headline was consistent with the details, and the details had a lot (a technical term) of nice attributes. It was the kind of report that we should get at this stage of the expansion. The Federal Open Market...
by Administrator | Dec 27, 2018 | No Spin News
Public sector employment was down in November, as a 13,000 person drop in state employment more than offset small gains at the federal (+3,000) and local (+4,000) levels. Because we have previously seen major revisions to the state and local employment numbers, we...
by Administrator | Dec 25, 2018 | No Spin News
The moving average of the month-to-month change in private payrolls stayed on the same track we have seen in other expansions. Subscribe now!
