Category Archives: Employment

Data from BLS, ADP and others

BLS Jobs Situation Above Expectations in February 2014

Written by Steven Hansen The February 2014 BLS jobs report headlines were better than expected. But the unadjusted data says this report is mediocre. As I am a trend person, the growth trend lines are decelerating.

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Productivity 4Q2013 (Final): Productivity Up Less, Labor Costs Down Less

Written by Steven Hansen A simple summary of this release is that the rate of productivity growth is up , whilst the rate of growth of labor costs is contracting. However, this final report has significantly reduced the productivity growth … Continue reading

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February 2014 ADP Job Growth at 139,000

Written by Steven Hansen ADP reported February 2014 non-farm private jobs growth at 139,000 – again weaker than previous months – with a significant reduction in last months jobs gain.

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Putting the ‘F’ Back in Federal Reserve

Age of Wisdom, Age of Foolishness (15) Written by Adam Whitehead, They’re back and this time it’s for real!!! Regular readers of the funny papers will be familiar with the following cover page from, the day in September 2013, … Continue reading

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Initial Unemployment Claims Stay On Trend

The seasonally adjusted headline number for initial unemployment claims came in close to consensus expectations at 336,000 for the week ended February 15. Actual filings totaled 323,151 (see Note below) which was down 7.9% from the same week a year ago. Continue reading

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