Tag Archives: Nonfarm Payrolls

Jobs 2012: Government Jobs Exceed Goods-Producing Jobs

Posted on August 13, 2012 by macromon

We’re starting a new series titled, Jobs 2012, which will drill down into the employment and jobs data. We’ll analyze what kind of jobs are being created and lost in the current recovery, look at short and long-term trends, and … Continue reading →

Posted in Employment | Tagged , , , | 4 Comments

U.S. Employment Situation – June 2012

Posted on July 6, 2012 by macromon

The jobs report disappointed recent upward revisions with nonfarm employment increasing 80K from May to June, with the private sector creating 84K new jobs.   Construction jobs, which we wrote about in our last post,  disappointed coming in with just a … Continue reading →

Posted in Employment | Tagged , , | 1 Comment

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 →

Posted in Employment | Tagged , , , | 1 Comment

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 →

Posted in Economics, Employment | Tagged , , , | 1 Comment

Chart of the Day: Nonfarm Payrolls

Posted on April 9, 2012 by macromon

In case you missed it over the Easter weekend, we’re reposting the charts from our NFP piece from Friday. (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 →

Posted in Employment | Tagged , , , , , | 1 Comment

U.S. Employment Situation – February 2012

Posted on March 9, 2012 by macromon

From today’s BLS release, Nonfarm payroll employment rose by 227,000 in February, and the unemployment rate was unchanged at 8.3 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in professional and businesses services, health care and social … Continue reading →

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U.S. Nonfarm Employment – M/M Change in Selected Industries

Posted on June 7, 2011 by macromon

(click here if chart is not observable)

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Lumber Prices: Leading Indicator for Private Nonfarm Payrolls?

Posted on June 2, 2011 by macromon

In the chart below we take a look at the relationship between lumber prices and private nonfarm payrolls.   Clearly they tend to move together on a monthly basis.  One of the transmission mechanisms of monetary policy is the impact … Continue reading →

Posted in Charts, Commodities, Employment, Housing | Tagged , | 4 Comments

Chart of the Day: U.S. Employment by Industry

Posted on May 9, 2011 by macromon

Great chart from the BLS showing the increase in private nonfarm employment by industry:

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