Category Archives: Employment

Data from BLS, ADP and others

February 2013 JOLTS Is Predicting Better Jobs Growth

Written by Steven Hansen The BLS Job Openings and Labor Turnover Survey (JOLTS) has been a good predictor of future jobs growth: the number of PRIVATE jobs openings – which is the most predictive of the JOLTS elements – was … Continue reading

Posted in Employment, aa syndication | Tagged , , , , , , , , | Leave a comment

March 2013 Employment Number is No Disaster

Jobs Report, Market Reaction, Fedhead Response All So Predictable, Who Believes This Crap? by Lee Adler, Wall Street Examiner The BLS today reported a seasonally adjusted (SA) gain of 88,000 in March nonfarm payrolls. This time economists were too optimistic, … Continue reading

Posted in Employment | Tagged , , , | Leave a comment

March 2013 Conference Board Employment Index Declines

Written by Steven Hansen The ghost of last Friday’s BLS March jobs report still haunts the analysts and talking heads.  The Conference Board’s Employment Trends Index – which forecasts employment for the next 6 months – fell slightly in its … Continue reading

Posted in Employment, aa syndication | Tagged , , , , , , | Leave a comment

Headline Claims Data Is Wrong But Actual Data Does Show Some Slowing

by Lee Adler, Wall Street Examiner The headline seasonally adjusted number for initial unemployment claims was more wrong than usual this week, showing a year to year increase of 17,000 when the actual data showed a year to year decline … Continue reading

Posted in Economics, Employment, Federal Reserve, GDP, Government | Tagged , , , , , , , | Leave a comment

BLS Jobs Situation Bad and Confusing in March 2013

Written by Steven Hansen The March 2013 BLS jobs report was unexpectedly weak. the real unadjusted non-farm private jobs gain comparing the changes between February and March was low historically for periods were the economy was expanding. economic intuitive sectors … Continue reading

Posted in Employment, aa syndication | Tagged , , , , , , , | Leave a comment

March 2013 ADP Jobs 158,000, Less Good Jobs Growth Now at 11 Months

Written by Steven Hansen ADP reported March 2013 non-farm private jobs growth at 158,000. The market expected 200K (versus the 158K reported). These numbers are all seasonally adjusted. This month, ADP’s analysis is that small and medium sized business created … Continue reading

Posted in Employment, aa syndication | Tagged , , , , | 1 Comment

Federal Spending Sequester Crushes Jobs

Biggest Jump in Unemployment For This Week Since 1996 by Lee Adler, Wall Street Examiner First time unemployment claims put on their worst performance for this week of March in the past 17 years. The Labor Department reported that the … Continue reading

Posted in Economics, Employment, Federal Reserve, Government, US Treasury, economic predictions, macroeconomics, money | Tagged , , , , , , | Leave a comment

Initial Claims Drop 16,000 To Lowest Weekly Level Since 2007, Economists Miss Again

by Lee Adler, Wall Street Examiner Forget the headline numbers. As usual they are misleading. First time unemployment claims actually declined by 16,000 last week and are currently declining at a 5.7% annual rate, staying close to the average year … Continue reading

Posted in Employment, Federal Reserve | Tagged , , , , , | Leave a comment

Demographic Trends in Employment

by Doug Short, Advisor Perspectives/dshort.com The Bureau of Labor Statistics (BLS) have a wealth of employment data, much of which stretches back to 1948. My focus was the Labor Force Participation Rate (LFPR) with some specific attention to gender and … Continue reading

Posted in Economics, Employment | Tagged , , , | Leave a comment

What A Shock! (Not) Initial Claims Beat Consensus AGAIN! Stock Uptrend is SAFE

by Lee Adler, Wall Street Examiner First time unemployment claims are currently declining at a 6% annual rate, staying close to the average year to year drop of the past two years.  Trickle from the Fed’s massive money printing has … Continue reading

Posted in Employment, stock markets | Tagged , , , , | Leave a comment

Full Time Job Growth is Weak

Top Line Employment Looks Good, But Full Time Job Growth Is Falling Apart Since QE3 by Lee Adler, Wall Street Examiner The BLS last week reported a seasonally adjusted (SA) gain of 236,000 in February nonfarm payrolls. This massively beat … Continue reading

Posted in Employment | Tagged , , , , , , , | Leave a comment

January 2013 JOLTS Continues to Predict Less Good Employment

Written by Steven Hansen The BLS Job Openings and Labor Turnover Survey (JOLTS) has been a good predictor of future jobs growth: the number of PRIVATE jobs openings – which is the most predictive of the JOLTS elements – was … Continue reading

Posted in Employment, aa syndication | Tagged , , , , , , , , | Leave a comment

Look at the Jobs Report to See How America Has Changed, and Continues to Change

by Fabius Maximus, FabiusMaximus.com Summary: The news media coverage has expanded during the past 20 years, but probably only giving more heat than light. Hence the frequent assertions during 2010-2011 (eg, seen in the comments on the FM website) that … Continue reading

Posted in Economics, Employment, Federal Reserve, GDP, Government, US Treasury, economic predictions | Tagged , , , , , | Leave a comment

BLS Jobs Situation Unexpectedly Strong in February 2013

Written by Steven Hansen The February 2013 BLS jobs report was unexpectedly strong. the real unadjusted non-farm private jobs gain comparing the changes between January and February was the best growth since 1999. economic intuitive sectors of employment showed the … Continue reading

Posted in Employment, aa syndication | Tagged , , , , , , , | Leave a comment

Unemployment Claims Maintain Steady Decline

First Time Claims Decline Right On Trend But Wall Street Economists Are Fooled Again by Lee Adler, Wall Street Examiner First time unemployment claims are currently declining at a 9% annual rate, staying close to the average year to year … Continue reading

Posted in Employment, stock markets | Tagged , , , | Leave a comment

Productivity 4Q2012 (Final): Productivity, Labor Little Changed from Preliminary

Written by Steven Hansen [Note: This post is a markup of the preliminary data post] A simple summary of this release is that the rate of productivity growth has been gently growing year-over-year , whilst the rate of growth of … Continue reading

Posted in Employment, aa syndication | Tagged , , , , , , | Leave a comment

February 2013 ADP Jobs 192,000, Again Beats Forecasts

Written by Steven Hansen ADP reported February 2013 non-farm private jobs growth at 198,000. The market expected 150K (versus the 198K reported). These numbers are all seasonally adjusted. This month, ADP’s analysis is that small and medium sized business created … Continue reading

Posted in Employment, aa syndication | Tagged , , , , | Leave a comment

Unemployment Claims Improve, But Not Enough for Stock Valuations

Behind The Headlines, Stocks Stay Overbought Against Trend of Unemployment Claims by Lee Adler, Wall Street Examiner This post is excerpted from the permanent Employment Charts page, which includes numerous additional charts and analysis on key employment metrics. The Labor Department reported that … Continue reading

Posted in Employment, stock markets | Tagged , , , , , | Leave a comment

December 2012 JOLTS Is Predicting Less Good Employment

Written by Steven Hansen The BLS Job Openings and Labor Turnover Survey (JOLTS) has been a good predictor of future jobs growth: the number of PRIVATE jobs openings – which is the most predictive of the JOLTS elements – was … Continue reading

Posted in Employment, aa syndication | Tagged , , , , , , , , | Leave a comment

Initial Unemployment Claims Increase, But Trend of Improvement Is Intact

by Lee Adler, Wall Street Examiner This post is excerpted from the permanent Employment Charts page, which includes numerous additional charts and analysis on key employment metrics. The Labor Department reported that the seasonally adjusted (SA) representation of first time claims for unemployment … Continue reading

Posted in Economics, Employment, Federal Reserve, GDP, Government | Tagged , , , , , | Leave a comment