Tag Archives: private nonfarm payrolls

Why the Huge Jobs Report?

Financial FAQS MarketWatch The unemployment rate edged up to 3.7 percent from 3.6 percent as more than 300,000 people entered the labor force in search of work, the Labor Department said Friday. That has confounded those that see slowing economic … Continue reading

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The Clinton Growth Presidency

Popular Economics Weekly It’s remarkable. Donald Trump chose Detroit to make his economic speech, where he accused the Clintons of causing Detroit’s employment problems with their trade policies. Is he kidding? The Detroit Big Three automakers didn’t lose jobs because … Continue reading

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Are Most of US Fully Employed?

Financial FAQs 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 April, in its JOLTS report. (But that’s not exactly true, as it is up … Continue reading

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December Unemployment Report Sets Record

Financial FAQs Friday’s Labor Dept. nonfarm payrolls report has just set a record for annual job creation. The U.S. added 252,000 new jobs in December to extend the strongest streak of hiring since the mid-1990s, but wages fell and more … Continue reading

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Jobless Rate Falls to 5.8 Percent—Why be unhappy?

Financial FAQs Weekly Nonfarm payroll jobs advanced 214,000 in October after gaining 256,000 September and 203,000 in August. Net revisions for August and September were up 31,000. The unemployment rate dipped to 5.8 percent in October from 5.9 percent in … Continue reading

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Wisconsin’s Austerity Lesson

Popular Economics Weekly Governor Scott Walker is having his own problems with the ongoing investigation into staffers using public funds for political campaigning as a County Manager, but it doesn’t seem to faze him as he touts the success of … Continue reading

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More Jobs Equals Happier Consumers

Popular Economics Weekly It is not secret by now that whoever convinces the majority they are the best jobs creator will win the Presidential election. Today’s 171,000 payroll increase with upward revisions for the past 2 months may tilt things … Continue reading

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2012 Economic Growth Accelerating

Popular Economics Weekly Economic growth is finally accelerating. Consumer demand plus manufacturing are continuing to increase, and even the fourth quarter was a little stronger as Q4 GDP growth broke the psychological 3 percent boundary. The Commerce Department revised fourth … Continue reading

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Why the Surprising Jobs Report?

Financial FAQs Why so much surprise in January’s employment report that added 243,000 payroll jobs and dropped the unemployment rate to 8.3 percent? The U.S. has now added an average of 183,000 jobs a month in the past five months, … Continue reading

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More Jobs Key to 2012 Growth

Popular Economics Weekly How do we know what to look for in 2012? We should not be looking at the headlines, which tend to trumpet totally conflicting news. But more accurate information is available—usually several months later. For instance, jobs’ … Continue reading

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