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Tag Archives: Challenger
BLS Jobs Situation in June 2012 Remains Mediocre
Written by Steven Hansen The June BLS jobs report was mediocre. the real unadjusted jobs gain comparing growth May to June was below last years growth, and low historically. regardless of any interpretation – mediocre jobs growth is what one … Continue reading
Posted in Employment, aa syndication
Tagged ADP, BLS, Challenger, challenger gray christmas, employment, NFIB, Steven Hansen, unemployment
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BLS Jobs Growth of 69,000 Is Better than Headlines in May 2012
Written by Steven Hansen The May BLS jobs report – although not excellent – is likely better than you or the pundits believe. the real unadjusted jobs gain comparing May to April is actually the largest since the end of … Continue reading
Posted in Employment
Tagged ADP, BLS, Challenger, challenger gray christmas, employment, NFIB, Steven Hansen, unemployment
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April 2012 Jobs Report: Not Pretty but Shows Expanding Economy
Written by Steven Hansen The BLS jobs report was simply not good. the real jobs gain comparing April to March is actually smaller than either 2011 or 2011. regardless on any interpretation – the big picture is that jobs growth … Continue reading
Posted in Employment
Tagged ADP, BLS, Challenger, challenger gray christmas, employment, NFIB, Steven Hansen, unemployment
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March 2012 BLS Jobs: An Alternate View
Written by Steven Hansen The BLS jobs report never fails to add excitement. The headline data was sure to disappoint everyone, and the Econintersect view of the data is more like Goldilocks view of the bears porridge. the real jobs … Continue reading
Posted in Employment
Tagged ADP, BLS, Challenger, challenger gray christmas, employment, NFIB, Steven Hansen, unemployment
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March 2012 ADP Jobs Grow 209K, Indicates Economic Growth Rate Stalling
Written by Steven Hansen ADP reported March 2012 non-farm private jobs growth at 209,000. The market expected between 217K and 220K (versus the 209K reported) There is no question that this level of jobs growth is positive. However, the flip … Continue reading
Posted in Employment
Tagged ADP, BLS, Challenger, challenger gray christmas, employment, private sector employment, Steven Hansen
1 Comment
February 2012 BLS Headline Jobs Growth Good, But Lacks Perspective
Written by Steven Hansen A summary of the February 2012 employment situation: BLS reported: 227K (non-farm) and 233K (non-farm private). Unemployment = 8.3% (unchanged) ADP reported: 216K (non-farm private) Market expected: 150K to 206K (non-farm), 8.3% unemployment Econintersect‘s Forecast: 95K … Continue reading
Posted in Employment
Tagged ADP, BLS, Challenger, employment, NFIB, Steven Hansen, unemployment
3 Comments
ADP Reports Jobs Growth of 216,000 in February 2012
Written by Steven Hansen ADP reported February 2012 non-farm private jobs growth at 216,000. The market expected between 218K and 250K (versus the 216K reported) There is no question that this level of jobs growth is positive. However, this number … Continue reading
Posted in Employment
Tagged ADP, BLS, Challenger, challenger gray christmas, employment, private sector employment, Steven Hansen
5 Comments
January 2012 BLS Jobs Up 243,000, Unemployment Down to 8.3%
If you thought December 2011 employment was good, you will love January 2012. A summary of the January 2012 BLS employment situation: BLS reported: 243K (non-farm) and 257K (non-farm private). Unemployment = 8.3% ADP reported: 170K (non-farm private) Market expected: … Continue reading
Posted in Employment
Tagged ADP, BLS, Challenger, challenger gray christmas, employment, NFIB, Steven Hansen, unemployment
5 Comments
ADP Jobs Growth Disappoints in January 2012, But Still OK
The disappointment in the ADP data was that January 2012 jobs growth of 170,000 was less than the 190,000 jobs growth of January 2011. After the blowout data from ADP in December, the market was expecting 200,000 to 250,000. Note … Continue reading
Posted in Employment
Tagged ADP, BLS, Challenger, challenger gray christmas, employment, private sector employment, Steven Hansen
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BLS Reports Job Growth of 200,000 in December 2011
A summary of the December 2011 BLS employment situation: BLS reported: 200K (non-farm) and 212K (non-farm private). Unemployment = 8.5% ADP reported: 325K (non-farm private) Market expected: 150K to 165K (non-farm), 8.7% unemployment Econintersect‘s Forecast: 100K (non-farm private) 200,000 is … Continue reading
Posted in Employment
Tagged ADP, BLS, Challenger, challenger gray christmas, employment, NFIB, Steven Hansen, unemployment
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ADP: 325,000 Job Gains in December 2011, Challenger 2012 Jobs Forecast Weak
Happy Holidays from ADP – the largest payroll provider in the USA – said USA non-farm private payrolls grew 325,000 in December 2011. The market expected between 180,000 to 200,000. This was the largest gain in ADP’s historical records going … Continue reading
Posted in Employment
Tagged ADP, BLS, Challenger, challenger gray christmas, employment, private sector employment, Steven Hansen
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BLS Employment Rises 120,000 in November 2011, Unemployment 8.6%
A summary of the November 2011 BLS employment situation: BLS reported: 120K (non-farm) and 140K (non-farm private). Unemployment = 8.6% ADP reported: 206K (non-farm private) Market expected: 110K to 141K (non-farm) Econintersect‘s Forecast: 125K (non-farm private) 120,000 is subject to … Continue reading
Posted in Employment
Tagged ADP, BLS, Challenger, challenger gray christmas, employment, NFIB, Steven Hansen, unemployment
1 Comment
ADP Employment Data Shows Job Growth of 206,000 in November 2011
Editor’s Note: This post was originally published incorrectly using October data. ADP (the largest payroll provider in the USA) said USA non-farm private payrolls grew 206,000 in November 2011 – a wonderful and surprising jump in employment. Outplacement agency Challenger, … Continue reading
Posted in Employment
Tagged ADP, BLS, Challenger, challenger gray christmas, employment, private sector employment, Steven Hansen
4 Comments
BLS Jobs Growth Not Recessionary but Weak in October 2011
Ho Hum. Another mediocre month in employment land. A summary of the October 2011 BLS employment situation: BLS reported: 80K (non-farm) and 104K (non-farm private) ADP reported: 110K (non-farm private) Market expected: 88K to 100K (non-farm) Econintersect‘s Forecast: 145K (non-farm … Continue reading
Posted in Employment
Tagged ADP, BLS, Challenger, challenger gray christmas, employment, NFIB, Steven Hansen, unemployment
2 Comments
ADP Jobs Growth In October 2011 Not Terrible or Good
ADP (the largest payroll provider in the USA) said USA non-farm private payrolls grew 110,000 in October 2011 – not recessionary but not large enough to be called good growth. Manufacturing employment contracted. Outplacement agency Challenger, Gray & Christmas, Inc. … Continue reading
Posted in Employment
Tagged ADP, BLS, Challenger, challenger gray christmas, employment, private sector employment, Steven Hansen
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September 2011 BLS Jobs Report Better Than Most Expected
This data was a relief from the negative trends. It is trends which are important right now, not the specifics. and for employment the trend is almost flat (slight positive bias) at an unsatisfactory level. Continue reading
Posted in Employment
Tagged ADP, BLS, Challenger, challenger gray christmas, employment, NFIB, Steven Hansen, unemployment
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Challenger Layoff Report Drowns ADP’s Improved Employment for September 2011
ADP said USA non-farm private payrolls grew 91,000 in September 2011 while Challenger reported 3Q2011 layoffs are larger than 3Q2009. Continue reading
Posted in Employment
Tagged ADP, BLS, Challenger, challenger gray christmas, employment, private sector employment, Steven Hansen
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Recession Marker In Place: BLS Says Employment Unchanged in August 2011
The BLS reports no jobs growth for August. I tend to believe the ADP report with a higher jobs growth. But ADP data is also terrible in perspective. The zero growth in the BLS data seems to be a combination of methodology and Verizon strike. Continue reading
Posted in Employment
Tagged ADP, BLS, Challenger, challenger gray christmas, employment, NFIB, Steven Hansen, unemployment
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ADP Employment Number Bad – And the Equities Markets Rejoice
Although this positive jobs growth data has many relieved that a recession is not occurring, the data itself has very negative trends in small and medium sized business which historically creates most of the new jobs. Continue reading
Posted in Employment
Tagged ADP, BLS, Challenger, challenger gray christmas, employment, private sector employment, Steven Hansen
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July 2011 BLS Employment Better – But Still Not Good
Reported employment growth is produced by an algorithm. Seasonally adjusted data spreads growth over the entire year. Employment does not really grow in the second half of the year – and the BLS non-farm private non-seasonally adjusted payrolls actually fell 4,000 in July. Continue reading
Posted in Employment
Tagged ADP, BLS, Challenger, challenger gray christmas, employment, NFIB, Steven Hansen, unemployment
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