Tag Archives: Nonfarm Payrolls

Job Creation: Reality v. Politics

Posted on October 5, 2019 by

A nice chart for those who live in a fact-based world. Job creation in the first 32 payroll reports in the Trump administration is significantly lagging the prior 32 months before President Trump took office.   Employment Situation – September … Continue reading →

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Payroll Prep

Posted on July 3, 2019 by

Here’s a heads up for Friday’s employment number before we hit the beach:  1) Nonfarm payroll expectations;  2) today’s ADP release, and 3) commentary by Mark Zandi.        

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Nonfarm Payrolls & Employment Data Diverging

Posted on May 7, 2019 by

Summary Last Friday’s nonfarm payrolls exceeded expectations with the first four months now averaging 205k jobs created, right on the monthly average since October 2011  The employment data is moving the other way, however, falling 103 in April and has … Continue reading →

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Politics Of The Employment Report

Posted on October 5, 2018 by

Today’s nonfarm payrolls miss,  134k total jobs created in September, sealed the deal on the job creation political debate before the November midterms.   That is all things being equal — during President Trump’s first 20 employment reports versus President Obama’s … Continue reading →

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Political Economy Of The Jobs Report

Posted on September 7, 2018 by

The BLS out with the employment report this morning, Total nonfarm payroll employment increased by 201,000 in August, and the unemployment rate was unchanged at 3.9 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional … Continue reading →

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U.S. Job Creation & Wages Over Past 7 1/2 Years

Posted on August 3, 2017 by

On the eve of nonfarm payrolls here is a nice data dump that gives a good roadmap of what and how many jobs have been created since 2010.   We’ll layout just the data with some bullet points and let … Continue reading →

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U.S. Employment Situation – March 2014

Posted on April 4, 2014 by

The BLS reported this morning, Total nonfarm payroll employment rose by 192,000 in March, and the unemployment rate was unchanged at 6.7 percent, the U.S. Bureau of Labor Statistics reported today. Employment grew in professional and business services, in health … Continue reading →

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U.S. Employment Situation – January 2014

Posted on February 7, 2014 by

Interesting that construction hiring was so strong given the poor weather. The BLS reported: Total nonfarm payroll employment rose by 113,000 in January, and the unemployment rate was little changed at 6.6 percent, the U.S. Bureau of Labor Statistics reported … Continue reading →

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U.S. Employment Situation – September 2013

Posted on October 22, 2013 by

Total nonfarm payroll employment rose by 148,000 in September, and the unemployment rate was little changed at 7.2 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in construction, wholesale trade, and transportation and warehousing. – BLS (click … Continue reading →

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U.S. Employment Situation – April 2013

Posted on May 3, 2013 by

Nonfarm payrolls beat expectations, including some nice upward revisions.  The data reverses the pessimism that was building about a summer swoon.  The S&P500  couldn’t of had a better set-up going into the number. Here’s the BLS, Total nonfarm payroll employment … Continue reading →

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