Tag Archives: Jobs

U.S. Employment Situation – April 2014

Posted on May 2, 2014 by macromon

The BLS reported this morning, Total nonfarm payroll employment rose by 288,000, and the unemployment rate fell by 0.4 percentage point to 6.3 percent in April, the U.S. Bureau of Labor Statistics reported today. Employment gains were widespread, led by … Continue reading →

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U.S. Employment Situation – December 2013

Posted on January 10, 2014 by macromon

The BLS reported this morning: The unemployment rate declined from 7.0 percent to 6.7 percent in December, while total nonfarm payroll employment edged up (+74,000), the U.S. Bureau of Labor Statistics reported today. Employment rose in retail trade and wholesale … Continue reading →

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The Chart: Construction Employment

Posted on March 13, 2013 by macromon

Here is THE CHART which encapsulates the bullish cyclical macro story in the U.S. and illustrates how monetary policy is really starting to gain some traction in the real economy.  With 150K jobs created in the past five months the … Continue reading →

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Perspectives on the U.S. Labor Market

Posted on December 26, 2012 by macromon

It’s year end and time for some perspective on the economy. Let’s start with the U.S. labor market. The employment to population ratio remains stuck at around 58.7 percent,  levels not seen since the mid-1980’s.  This  is due to both … Continue reading →

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A Jobs Recovery Built On Temp Help, Waiters & Bartenders

Posted on November 5, 2012 by macromon

As we suspected in our last post many of the net new jobs created during the entire tenure of the Obama administration have been low quality and in areas of low pay. a/  Table 1 illustrates this point as temporary … Continue reading →

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U.S. Employment Situation – August 2012

Posted on September 7, 2012 by macromon

Given the President’s demeanor during his acceptance speech at the DNC last night, which seemed a little drained and down to us,  we suspected the employment numbers would disappoint this morning.  He had a heads up on this morning’s punk … Continue reading →

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Will Construction Begin to Lead Job Creation?

Posted on July 5, 2012 by macromon

Lots of chatter out there about a housing bottom and recovery.  Whether true or not the U.S. labor market sure could use one even though “residential building” employment as formally defined by the BLS is a surprisingly smaller share of … 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 – March 2012

Posted on April 6, 2012 by macromon

Nonfarm payrolls disappointed in March, posting a 120K increase.   Retail took a huge hit, losing 34K jobs and the construction industry, traditionally the lead driver out of recession, has yet to gain any real traction in creating jobs. The BLS … Continue reading →

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U.S. Employment: Super Bowl Blowout!

Posted on February 3, 2012 by macromon

From today’s BLS release, Total nonfarm payroll employment rose by 243,000 in January, and the unemployment rate decreased to 8.3 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread in the private sector, with large employment … Continue reading →

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