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Tag Archives: BLS
U.S. Employment Situation – March 2013
Ugly employment data. Retail hit hard hard losing 24K compared to a gain of 24K last month. Relatively large net losses at building/materials and clothing stores. Construction generated 18K net jobs compared to 48K last month. Job creation in the … Continue reading
Employment in 10 largest counties in the U.S.
Employment in the nation’s 10 largest counties ranged from almost 1.0 million in Miami-Dade, Florida, to almost 4.0 million in Los Angeles, California, in September 2012. All of the 10 largest counties had percentage increases in employment from September 2011 … Continue reading
Unemployment rate by major worker group – BLS
Among the major worker groups, the unemployment rate for whites (6.8 percent) declined in February while the rates for adult men (7.1 percent), adult women (7.0 percent), teenagers (25.1 percent), blacks (13.8 percent), and Hispanics (9.6 percent) showed little or … Continue reading
U.S. Employment Situation – February 2013
Strong employment data out of the BLS this morning. Construction is breaking out, something we’ve been looking for, adding 48K jobs in January, the largest monthly increase since March 2007. Now that construction employment is leading it reinforces the notion, … Continue reading
U.S. Employment Situation – December 2012
Looks like construction hiring is starting to kick in. We’ll post something more on this later today. The BLS reported this morning, Nonfarm payroll employment rose by 155,000 in December, and the unemployment rate was unchanged at 7.8 percent, the … Continue reading
U.S. Employment Situation – November 2012
The BLS reported nonfarm payrolls came in way above consensus led by job creation in the retail sector. Construction continues to disappoint. Hats off to Nomura for nailing the number. Spot on! Here’s the BLS, Total nonfarm payroll employment rose … Continue reading
U.S. Employment Situation – October 2012
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
Consumer expenditures by homeowners and renters – BLS
Good piece by the BLS of the average annual expenditures of renters and homeowners. In 2010, people who rented their residences paid more, on average, in annual rent ($8,798) than homeowners reported paying in mortgage interest and charges ($8,202). In … Continue reading
U.S. Employment Situation – September 2012
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
Punk real earnings in the U.S.
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