Tag Archives: manufacturing

Strong Employment Report Due Tomorrow?

Financial FAQs Graph: Econoday ADP, or Automatic Data Processing, predicts 230,000 private payroll jobs could be created in September per tomorrow’s U.S. unemployment report. The reason is both the manufacturing and non-manufacturing (service) sectors reported strong hiring in their ISM … Continue reading

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Consumers Too Optimistic?….Then Watch Out Below!

Popular Economics Weekly Consumer confidence has risen to what might be unsustainable levels—the highest in 16 years. That was in 2000, which was at the end of a 10-year economic recovery, the longest recovery since WWII. The Conference Board’s index … Continue reading

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Private Payrolls, Consumer Confidence Signal Strong January

Popular Economics Weekly ADP is calling for substantial strength in Friday’s employment report, showing yesterday 246,000 for private payrolls, not including government jobs. This is far beyond expectations and would compare with December private payroll growth in the government’s report … Continue reading

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156,000 Payroll Jobs, 4.7% Employment

Popular Economics Weekly The highlight of the December unemployment report was that wages rose 2.9 percent annually. And nonfarm payrolls rose a lower-than-expected 156,000 in December but added a net 19,000 to the two prior months (November now at 204,000 … Continue reading

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Full Employment Reached—161,000 Payroll Jobs

Popular Economics Weekly Average hourly earnings are up 2.8 percent annually, a recovery high. Nonfarm payroll growth was up 161,000 with upward revisions adding a net total 44,000 to September (191,000) and August (156,000). The unemployment rate is down 1 … Continue reading

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255,000 Jobs Added, Economy Still Growing

Financial FAQs Total nonfarm payroll employment rose by 255,000 in July, and the unemployment rate was unchanged at 4.9 percent, said the U.S. Bureau of Labor Statistics today. This confirms earlier reports from the manufacturing and service sectors that economic … Continue reading

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JOLTS Jobs Report Highest In Years

Popular Economics Weekly The U.S. Bureau of Labor Statistics reported the number of job openings was little changed at 5.8 million on the last business day of March, but it is actually up 11 percent over March 2015. Methinks the … Continue reading

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