Submitted by Lance Roberts of STA Wealth Management, This past Friday the Bureau of Labor Statistics released the November jobs report which sent the mainstream analysts and economists into an ecstatic state as the numbers were substantially stronger than estimates. Show More Summary
Source: FRED Here is an interesting question: How does the present employment rate compare with the prior peak? According to Bureau of Labor Statistics data, if we compare the prior recent peak of 139,143,000 of November 2007 with last month’s figure of 137,942,000 (I used non-seasonally-adjusted because it’s November to November), we are...Read More
The Bureau of Labor Statistics said that the number of manufacturing job openings rose to their highest level in 16Read the Rest...
The Bureau of Labor Statistics has released its October Job Openings and Labor Turnover Survey (JOLTS). US companies had 3.925 million jobs openings in October, up from 3.883 million in September. This was a bit higher than the 3.898...Show More Summary
From the BLS: Job Openings and Labor Turnover Summary There were 3.9 million job openings on the last business day of October, little changed from September, the U.S. Bureau of Labor Statistics reported today. The hires rate (3.3 percent)...Show More Summary
Manufacturers added 27,000 net new workers in November, according to the Bureau of Labor Statistics. This was the largest monthlyRead the Rest...
Merry Christmas and Happy Hannukah from your friends at the Bureau of Labor Statistics. The November jobs numbers were very good, across the board. The unemployment rate fell to 7 percent, its lowest level in exactly five years, from 7.3 … Continue reading ?
The federal government has fared worse than the overall economy this year in terms of employment, losing workers while other sectors ticked upward, according to government data released by the Bureau of Labor Statistics on Friday. Economists described the November jobs report as a sweeping win, with the U.S. economy adding 203,000 jobs while the […]
The latest job growth report—released Friday by the Bureau of Labor Statistics—would in normal times be an unalloyed piece of good news. The official unemployment rate fell to 7 percent (a five-year low), 203,000 new jobs were created...Show More Summary
No wonder the Fed is talking about reducing stimulus policies. The poor are rolling in the dough! This morning’s employment report from the Bureau of Labor Statistics shows the economy added 203,000 jobs in November and the unemployment rate dropped to 7.0 percent. While this is welcome news, it’s important to keep in mind that [...]
From the BLS: The unemployment rate declined from 7.3 percent to 7.0 percent in November, and total nonfarm payroll employment rose by 203,000, the U.S. Bureau of Labor Statistics reported today.......Both the number of unemployed persons, at 10.9 million, and the unemployment rate, at 7.0 percent, declined in November. Show More Summary
Fox News dismissed the economic benefits of long-term unemployment insurance, erroneously characterizing the program as a "crutch" holding back economic growth. On December 6, the Bureau of Labor Statistics released its unemployment report for the month of November. Show More Summary
On Friday, at 8:30 AM ET, the U.S. Bureau of Labor Statistics releases the most important economic data release on the calendar: the November Employment Situation (a.k.a. "the jobs report"), which Wall Street economists believe willShow More Summary
Some interesting information about North Dakota’s workforce situation, on top of my post pointing out that in October North Dakota had roughly twice as many job openings as unemployed people. First, from the Bureau of Labor Statistics, among the 372 metropolitan areas the BLS measured unemployment rates in, North Dakota had the top three: Bismarck...
Using information from the Bureau of Labor Statistics, NPR's Planet Money has made some cool charts that show exactly who is making minimum wage in America, pegged to the recently discussed raises in various states across the country and potentially even nation-wide. Read more...
Only a few of the jobs with the largest projected increases in employment require a college education, according to the Bureau of Labor Statistics publication, Tomorrow's Jobs. Hardly any require mathematics and science proficiency or...Show More Summary
California employers added 39,800 payroll jobs in October as the unemployment rate dropped to 8.7% since the last jobs report was released, the U.S. Bureau of Labor Statistics said Friday.
Back in September in "This Is What Happens When The Bureau Of Labor Statistics Is Caught In A Lie" (a topic that has gained substantial prominence recently), we concluded our series exposing BLS data "massaging", when as we predicted...Show More Summary
The Bureau of Labor Statistics released regional and state employment numbers for October. The state with the most net newRead the Rest...
From the BLS: Job Openings and Labor Turnover Summary There were 3.9 million job openings on the last business day of September, little changed from August, the U.S. Bureau of Labor Statistics reported today. The hires rate (3.4 percent)...Show More Summary