Category Archives: Employment

Manufacturing Productivity

Posted on July 5, 2012 by macromon

Interesting chart from the BLS showing multifactor productivity in the manufacturing industries.  Labor input saw huge gains in productivity in the past few years and some believe the sluggish recovery in employment is due to productivity increases. It’s going to … Continue reading →

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U.S. Unemployment Outliers

Posted on June 28, 2012 by macromon

Interest chart from the BLS showing North Dakota cities with some of the lowest unemployment rates in the nation due to the Bakken Shale boom. In May, five U.S. metropolitan areas recorded jobless rates of at least 15.0 percent, with … Continue reading →

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Relative Unemployment Rates – State vs National

Posted on June 19, 2012 by macromon

More interesting data from the BLS, In May 2012, 27 states had unemployment rates that were significantly lower than the U.S. rate of 8.2 percent, while five states and the District of Columbia recorded rates significantly above it. The remaining … Continue reading →

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Fareed Zakaria: Rahm Emanuel on Pensions

Posted on June 10, 2012 by macromon

Fareed’s interview with the the mayor of Chicago, Rahm Emanuel, really drives home the fact the U.S. global pension problem is nonpartisan.   Burden sharing is coming. “It is not sustainable now.” (click here if video is not observable)

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U.S. Economic Data Releases – June 7

Posted on June 7, 2012 by macromon

The Labor Department reported this morning, UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT           SEASONALLY ADJUSTED DATA In the week ending June 2, the advance figure for seasonally adjusted initial claims was 377,000, a decrease of 12,000 from the previous week’s revised figure … Continue reading →

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Productivity in service-providing and mining industries, 2010

Posted on June 7, 2012 by macromon

(click here if chart is not observable)

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U.S. Employment Situation – May 2012

Posted on June 1, 2012 by macromon

Just as last month, the weak jobs report really crushed equities today. Note the destruction of construction jobs.  This is the one sector most sensitive to interest rates and should be leading the way in job creation with zero interest … Continue reading →

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Manpower’s Talent Shortage Survey

Posted on May 29, 2012 by macromon

Interesting survey data from the Manpower Group on where employers are finding it difficult in fill job vacancies. (click here if charts are not observable)

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U.S. Employment Situation – April 2012

Posted on May 4, 2012 by macromon

The weak jobs report has crushed equities this morning. Here’s the BLS take, Nonfarm payroll employment rose by 115,000 in April, and the unemployment rate was little changed at 8.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment … Continue reading →

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Manufacturing Employment in the U.S.

Posted on April 30, 2012 by macromon

Here’s an interesting data series we thought you might find enlightening. Note the peak in manufacturing jobs in June 1977,  which represented 22 percent of all nonfarm payrolls,  then, to fall to less than 9 percent of total employment today.   … Continue reading →

Posted in Employment, Manufacturing | Tagged , | 3 Comments