We anticipate that there will be no increase in total employment for July following two strong months of worker recalls when the U.S. employment data is released on Friday. … READ MORE >
jobs report
U.S. jobs report: Will June data already be out of date by the time it’s published?
We expect an increase of 3.1 million in total employment, led by workers who have been called back to their jobs, and a decrease to 12.2% in the unemployment rate when the jobs data for June is released on Thursday. … READ MORE >
U.S. April employment report: Prelude to a tragedy
It is difficult to ponder the significance of 20.5 million jobs lost and a 14.7% unemployment rate – the grim toll of the jobs data released on Friday — among the casualties and death that surround us. … READ MORE >
U.S. economy shed 701,000 jobs in March as shutdown takes hold
Following 113 straight months of job gains, the U.S. economy shed 701,000 jobs in March, providing a glimpse of things to come. The internal dynamics inside the report are a sober, clear-eyed precursor to what is going to be the largest bloodletting in the labor market since the 1929-1933 period of the Great Depression. … READ MORE >
Jobs report preview: Last estimate before coronavirus impact
We expect an increase of 178,000 in total employment when the Bureau of Labor Statistics releases its first estimate of nonfarm payrolls on Friday, with the unemployment rate holding steady at 3.6%. … READ MORE >
Jobs report: Strong growth amid slow wage gains, but uncertainties remain
The economy began the year with a strong pace of growth in the labor market, generating 225,000 jobs, but uncertainties point to modest activity ahead. … READ MORE >
Jobs report preview: Expect slightly slower hiring in January
We expect the economy to generate 155,000 new jobs in the January 2020 employment report, somewhat slower than the 176,000 monthly average observed in 2019. … READ MORE >
Women outnumber men in the workforce, and the middle market must adapt
The December U.S. Employment Report provided a sign that the U.S. labor market, economy and the basic relationship between work and the individual has now reached tipping point. Women now outnumber men in the workforce by 50.04% to 49.96%. … READ MORE >
U.S. added 145,000 jobs in December as women now outnumber men in the workforce
Hiring in the economy closed out the year with a gain of 145,000 jobs in December, making for a overall increase of 2.1 million in 2019, the Labor Department reported on Friday. That figure represents a modest decline compared to a gain of 2.7 million in 2018 and is down from the cyclical high of a little more than 3 million jobs added in 2014. … READ MORE >
Jobs report preview: Expect a cooler December
We expect a net gain of 145,000 in December hiring with downside risk linked to late-year seasonal adjustments and a slower pace of hiring. This slower pace is implied by the hiring data within the ISM Service Sector report and an accelerating pace of contraction within the ISM Manufacturing survey. … READ MORE >