Category: Employment
The analysis published under this category are as follows.
Sunday, November 06, 2011
Disappointing U.S. Non Farm Payrolls Number / Economics / Employment
By: Jesse
The Birth-Death Model was out of normal to the high side enough to raise a comment. This is shown in the first slide. Lately the BLS statisticians had not resorted to this and had actually been running at estimates a little more to what one might expect in a business slump.
Friday, November 04, 2011
U.S. Jobs Market Won't Normalize Until At Least 2023 / Economics / Employment
By: Money_Morning
David Zeiler writes:
Disgruntled American workers have yet another reason for pessimism: At the current rate of job creation, the U.S. unemployment rate will not fall back to "normal" levels - below 6% - until 2023.
Through most of this year the U.S. economy has managed to create about 119,000 jobs per month, but that's barely enough to keep pace with population growth. Only job creation levels of well over 120,000 jobs per month will drive down the 9.1% unemployment rate.
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Monday, October 31, 2011
Sectors Most Likely To Gain Jobs By 2015 / Economics / Employment
By: EconMatters
The job market is terrible, and the situation isn’t getting any better. The U.S. national unemployment rate is stagnant at 9.1% in September, and the jobs picture across America at state level didn't change much either, according to the Bureau of Labor Statistics.
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Thursday, October 13, 2011
The "Currency Manipulator" That's About to Put 3 Million Americans Back to Work / Companies / Employment
By: Money_Morning
Martin Hutchinson writes:
Think U.S. jobs are destined to drain away to China forever? Think U.S. unemployment will grow and grow while cheap overseas labor supplants American workers? Think your children will be forced to work selling Big Macs to Chinese billionaires?
Friday, October 07, 2011
U.S. September Non-Farm Payrolls Report in Pictures / Economics / Employment
By: Jesse
A remarkably 'clean' report with the only anomalies being a lower than normal Birth-Death imaginary jobs adjustment from the BLS, which subtracted 43,000 jobs, and a seasonality adjustment that appeared a little on the high side.
An exogenous factor was the addition of 45,000 striking telecommunication workers who returned to their jobs. So the organic jobs growth was weak.
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Tuesday, September 13, 2011
U.S. Government Caught Killing American Jobs, Destruction by Design / Economics / Employment
By: Jared_Levy
A Note from Editor Jared Levy: At a time when job creation is front and center, and on an evening when our president vowed to bring jobs back into our economy, I learned of disturbing news.
An old friend of mine who used to trade with me on the floor of the Philadelphia Stock Exchange called me, outraged, after learning about the U.S. government's destruction of an American legend.
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Monday, September 12, 2011
U.S. Jobs Bill is Too Late For President Obama / Economics / Employment
By: EconMatters
When President Obama delivered his much anticipated jobs speech on Sep. 8, I was actually driving on one of those highways the President said would benefit from the infrastructure spending included in his proposed $447-billion American Jobs Bill. Listening to the live speech, and judging from the audience reaction, it was a good speech reminiscent JFK-style and was what American public wanted to hear.
Saturday, September 03, 2011
U.S. August Jobs Report Means Odds of Additional Fed Policy Action Have Increased / Economics / Employment
By: Asha_Bangalore
Civilian Unemployment Rate: 9.1% in August, unchanged from July. Cycle high jobless rate for recession is 10.1% in October 2009.
Payroll Employment: No change in August vs. +85,000 in July. Private sector jobs increased only 17,000 after a gain of 156,000 in July. Loss of 58,000 after revisions to payroll estimates of June and July.
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Friday, August 05, 2011
Mass Layoffs, Robots, Paints Dismal U.S. Jobs Siutation / Economics / Employment
By: Mike_Shedlock
A good jobs report on Friday (if we get one) is now meaningless. Looking ahead, the jobs situation is bleak globally, not just in the US. Here is supporting evidence for my statement.
Wednesday, July 13, 2011
Memo to Obama: "Create More Jobs or Resign" / Politics / Employment
By: Mike_Whitney
"Abysmal".
That's the only way to describe Friday's job's report. The whole thing stunk. And, on top of that, the unemployment rate has been heading higher for the last 3 months. It's now at 9.2 percent a full two years into the recovery. That's unprecedented. Where are the jobs, that's what everyone wants to know.
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Monday, July 11, 2011
June's Abysmal U.S. Jobs Report is Just the Beginning / Economics / Employment
By: Money_Morning
Kerri Shannon writes:
The June jobs report was abysmal - bud sadly it's just the beginning.
After just a few months of modest, stimulus-induced improvement the jobs market is again sliding backwards into a "new normal" characterized by even higher rates of unemployment.
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Sunday, July 10, 2011
What Happened to the Jobs? So How's That Stimulus Thing Working Out? / Economics / Employment
By: John_Mauldin
The US jobs report came out this morning, and it was simply dismal. This week we look at not only the jobs report but also "what-if" proffers for the US and global economies. There's a lot to cover, so let's jump in.
First, there were only 18,000 jobs created in June, the lowest since September 2010. While private employment rose by 57,000, government workers dropped by 39,000, continuing a trend as governments at all levels work to cut their budgets. Long-time readers know I think it is important to look at the direction of the revisions, and we got no help. May was revised down by 29,000 jobs and April a further down 15,000.
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Saturday, July 09, 2011
U.S. June Jobs Report, Weak Labor Market Casts Shadow on Economic Growth / Economics / Employment
By: Asha_Bangalore
Civilian Unemployment Rate: 9.2% in June vs. 9.1% in May. Cycle high for recession is 10.1% in October 2009.
Payroll Employment: +18,000 in June vs. +25,000 in May. Private sector jobs increased 57,000 after a gain of 73,000 in May.
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Friday, July 08, 2011
U.S. Payroll Stunner, Full "Pathetic" Jobs Report Analysis / Economics / Employment
By: Mike_Shedlock
Thoughts on the Jobs Report
Last month I commented things are awful at first glance and simply bad beneath the surface. This month things took a huge turn for the worse.
Three months ago I commented "It is very questionable if this pace of jobs keeps up." Clearly it didn't, for the second straight disastrous month. Certainly this cannot all be blamed on the Tsunami in Japan. The entire global economy is slowing rapidly as I have commented numerous times.
Friday, July 08, 2011
U.S. Employment Report, Do Not Overlook Government Hiring / Economics / Employment
By: Asha_Bangalore
The ADP National Employment Report is a private sector estimate of payroll employment published two days prior to the official report of the Bureau of Labor Statistics each month and it garners a great deal of market attention although it is not official data about employment.
Thursday, July 07, 2011
Mixed Signals About U.S. Employment Conditions / Economics / Employment
By: Asha_Bangalore
The non-manufacturing ISM survey indicates a slowing of activity, the composite index declined to 53.3 from 54.6 in May. Readings above 50.0 denote an expansion of activity while those below 50.0 indicate a contraction of activity. The index measuring new orders (53.6 vs. 56.8 in May) fell, while the index tracking employment held nearly steady (54.1 vs. 54.0 in May, see Chart 2). The employment index of the manufacturing survey shows an increase (59.9 vs. 58.2 in May)
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Tuesday, July 05, 2011
U.S. June Employment Report Preview / Economics / Employment
By: Asha_Bangalore
The civilian unemployment rate of 9.1% and tepid growth in payroll employment (see Chart 1) after two years of economic growth remain a key concern. Chart 1 is an indexed chart where the level of employment in June 2009 (the end of the recession) is set equal to 100. Private sector payroll employment has risen past the level seen when the recovery commenced (100.91 in May 2011). The key contributions are from private sector services and factory employment. Government employment (excluding the spike related to temporary hiring for Census 2010) stands close to levels seen in 2007.
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Wednesday, June 22, 2011
More Efficient Ways to Stimulate Economy than Using the Military as a Jobs Program / Politics / Employment
By: Ellen_Brown
"Every gun that is made, every warship launched, every rocket fired signifies, in the final sense, a theft from those who hunger and are not fed, those who are cold and are not clothed. . . . We pay for a single fighter plane with a half million bushels of wheat. We pay for a single destroyer with new homes that could have housed more than 8,000 people." –Dwight David Eisenhower, "The Chance for Peace," speech given to the American Society of Newspaper Editors, Apr. 16, 1953
Wednesday, June 15, 2011
U.S. Jobs Market is Headed for a Double-Dip / Economics / Employment
By: Money_Morning
Jason Simpkins writes: After showing some improvement over the past year, the U.S. job market is now beginning a double-dip.
The reason is simple: The number of start-up businesses has hit its lowest level since at least the early 1990s.
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Thursday, June 09, 2011
U.S. May Employment Numbers Show Faults in Recovery / Economics / Employment
By: Dr_Jeff_Lewis
May’s employment report couldn’t come at a better time. As soon as the Fed officially ends its quantitative easing program, new jobs data shows that the recovery investors have long been waiting for is still out of reach.
At the most topical level, the employment report was dismal – ignoring the obvious manipulation of the figures with birth and death estimates, seasonal but unreliable adjustments, and revisions to the downside that have become frequent with old employment data, there is still a gem to be found tucked deep inside the numbers.
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