Employment Situation – April 2016

By |2016-11-17T15:51:16+00:00May 10th, 2016|Categories: Lagging|Tags: , , |

Total nonfarm payroll employment increased by 160,000 in April, and the unemployment rate was unchanged at 5.0 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, health care, and financial activities. Job losses continued in mining. Government is also a weak spot in April, down 11,000, with retail also showing weakness, down 3,000 after a series of outsized gains. The change in total nonfarm payroll employment for February was [...]

“Plays Well With Others …”

By |2016-11-17T16:07:05+00:00October 19th, 2015|Categories: Global Market Update|Tags: , |

What jobs are growing today? Photo: Iris Hamelmann. Source: Pixabay Increasingly, it’s jobs that combine math and social skills. An economist interested in education and its long-term effects looked at jobs that have been growing or shrinking as a share of the economy since 1980. This is an interesting question. More and more occupations are being automated, even high-skill, quantitative occupations. Learning math and computer science, it seems, is not enough. Increasingly, employers are looking for teamwork, [...]

JOLTS – February 2015

By |2016-11-17T16:22:19+00:00April 7th, 2015|Categories: Lagging|Tags: , , |

There were 5.133 million job openings on the last business day of February, little changed from January. This was the highest level of job openings since January 2001. The job openings rate for February was 3.5 percent. The number of job openings was little changed for total private and government and no industries posted significant changes from January. The number of job openings (yellow) are up 23% year-over-year compared to February 2014. There were 4.916 million hires [...]

Employment Report – February 2015

By |2016-11-17T16:24:16+00:00March 10th, 2015|Categories: Lagging|Tags: , |

Payroll jobs increased 295,000 in February after healthy increases of 239,000 in January and 329,000 in December. January and December were revised down a net 18,000. Market expectations for February were for a 230,000 increase. The unemployment rate dipped to 5.5 percent from 5.7 percent in January. Analysts forecast 5.6 percent. The labor force participation rate edged down marginally to 62.8 percent from 62.9 percent in December. Turning back to the establishment survey, private payrolls increased 288,000 [...]

JOLTS report – January 2015

By |2016-11-17T16:24:21+00:00March 10th, 2015|Categories: Leading|Tags: , |

There were 4.998 million job openings on the last business day of January, little changed from 4.877 million in December, the U.S. Bureau of Labor Statistics reported today. Hires decreased to 4.996 million in January from 5.239 million the prior month. Separations were little changed at 4.821 million versus 4.901 million in December. Within separations, the quits rate was little changed at 2.0 percent and the layoffs and discharges rate was unchanged at 1.2 percent. The number [...]

Talent Search

By |2012-06-01T06:18:24+00:00June 1st, 2012|Categories: Global Market Update|Tags: , , |

It used to be that who you knew mattered more than what you knew when it came to finding a job. But it turns out that where you live matters even more.Today the Labor Department will publish its monthly jobs report. That report combines a survey of businesses with a survey of households to give us the unemployment rate and an estimate of how many jobs were created or eliminated last month. It’s important, as the dynamics [...]