Category Archives: Employment

Which industry sectors created new jobs and suffered losses?

Posted on November 2, 2012 by macromon

Nice breakdown on where the jobs were created and lost in October.   The chart illustrates the top 10 sectors with the largest job creation and the bottom 10, which experienced the most losses.   Good to see construction as reflected … Continue reading →

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U.S. Employment Situation – October 2012

Posted on November 2, 2012 by macromon

The BLS reported this morning, Total nonfarm payroll employment increased by171,000 in October, and the unemployment rate was essentially unchanged at 7.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in professional and business services, health care, … Continue reading →

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Macro Notes from Caterpillar’s Earnings Release

Posted on October 22, 2012 by macromon

Key Metrics Caterpillar Inc. (CAT) announced third-quarter 2012 sales and revenues of $16.445 billion, a 5-percent increase from third-quarter 2011 sales and revenues of $15.716 billion. EPS per share for Q3 2012 was $2.54, up 49 percent from $1.71 per … Continue reading →

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U.S. Employment Situation – September 2012

Posted on October 5, 2012 by macromon

The BLS reported this morning, The unemployment rate decreased to 7.8 percent in September, and total nonfarm payroll employment rose by 114,000, the U.S. Bureau of Labor Statistics reported today. Employment increased in health care and in transportation and warehousing … Continue reading →

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The Hammering of the U.S. Construction Worker

Posted on October 4, 2012 by macromon

Tomorrow we get another look at the health of the U.S. labor market. We have posted several pieces about how employment in the construction sector has failed to recover.  Ironically, this is the one sector, which historically, has been most … Continue reading →

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Unemployment Rates of Selected OECD Countries

Posted on October 3, 2012 by macromon

Nice chart from the BLS. (click here if chart is not observable)

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France’s Youth Unemployment Problem

Posted on October 2, 2012 by macromon

For the first time since the late 1990s, there are more than three million jobless people in France, with nearly a quarter of under 25s currently unemployed. President Francois Hollande has promised to wage a war on unemployment, and to … Continue reading →

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Are the Droids Taking Our Jobs? MUST VIEW!

Posted on September 25, 2012 by macromon

We really hope Fed Chairman Bernanke sees this Ted Talk by Andrew McAfee, a management research scientist at MIT’s Sloan School of Management.    QE∞ will not rollback the technological  forces that are shaping the global labor market and risks … Continue reading →

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Jobs 2012: State Unemployment Rates

Posted on September 25, 2012 by macromon

Good data  from the BLS today, In August 2012, 13 states and the District of Columbia recorded statistically significant over-the-month changes in employment, 7 of which were increases. The largest statistically significant increases in employment occurred in Texas (+38,000), Florida … Continue reading →

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Punk real earnings in the U.S.

Posted on September 19, 2012 by macromon

The BLS reports, Real average hourly earnings for all employees fell 0.7 percent from July to August, seasonally adjusted. This decline resulted from unchanged average hourly earnings combined with a 0.6-percent increase in the Consumer Price Index for All Urban … Continue reading →

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