Tag Archives: jobs

April 2013 JOLTS Continues to Suggest Slower Employment Growth Rate

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

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A Relatively Good BLS Jobs Situation in May 2013

Written by Steven Hansen The May 2013 BLS jobs report was within or above expectations. This data was relatively good considering how mediocre last month’s data was. the real unadjusted non-farm private jobs gain comparing the changes between Aprils and … Continue reading

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All the Economy Needs Is More Jobs to Accelerate Growth

Written by Steven Hansen Have you ever wondered why the recovery from the Great Recession is so weak? We hear a calliope  of reasons including: too little investment too small of government stimulus too much debt

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Using the Jobs Report To Forecast the Economy

Written by Steven Hansen It continues to amaze me of the love affair between Wall Street and the Bureau of Labor Statistics (BLS) employment situation report – aka the Jobs Report.  It is nearly a worthless data set in real … Continue reading

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March 2013 JOLTS Suggests A Static Employment Situation

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

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BLS Jobs Situation Just OK in April 2013

Written by Steven Hansen The April 2013 BLS jobs report was above expectations. There was nothing in this data that was very good or very bad. But if you were expecting a bad report, this report was excellent. the real … Continue reading

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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

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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

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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

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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

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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

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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

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BLS Jobs Situation Mixed in January 2013

Written by Steven Hansen The January 2012 BLS jobs report was mixed.  This was not a report to break out the champagne. the real unadjusted jobs lost comparing the changes between December and January appears to be average historically – … Continue reading

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November 2012 JOLTS Suggests Slowing 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

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BLS Jobs Report Ok in December 2012, Nothing Exciting

Written by Steven Hansen The December 2012 BLS jobs report was just ok. the real unadjusted jobs loss comparing the changes between November and December appears to be average historically – and the loss is more than 2011. economic intuitive … Continue reading

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October 2012 JOLTS An Improvement Over Last Month’s Report

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

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BLS Jobs Report Much Better than Expectations in November 2012

Written by Steven Hansen The November 2012 BLS jobs report was better this month. the real unadjusted jobs loss comparing the changes between October and November was above average historically – and the best gain since 2006. economic intuitive sectors … Continue reading

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First Time Unemployment Claims Drop After Sandy, But Jobs Growth Rate Slows

Lee Adler, Wall Street Examiner The Labor Department reported that seasonally adjusted (SA) first time claims for unemployment fell by 23,000 to 393,000 from a revised 416,000 (was 410,000) in the advance report for the week ended November 24, 2012. … Continue reading

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September 2012 JOLTS May Be Warning of Slowing Job Gains Ahead

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

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BLS Jobs Growth More Consistent With a Growing Economy in October 2012

Written by Steven Hansen The October 2012 BLS jobs report was better this month. the real unadjusted jobs loss comparing the changes between September and October was above average historically. economic intuitive sectors of employment gave a positive picture of … Continue reading

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