U.S. Bureau of Labor Statistics

Hawaii’s Unemployment Rate at 2.2%, Alaska’s at 7.2%

Alaska, the 49th state to join the Union, on January 3, 1959, had the highest unemployment rate of any state in October at 7.2%. Hawaii, the 50th, which became a ...
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There Are Still Over 6 Million Job Openings in America

The Bureau of Labor Statistics (BLS) has released its Job Openings and Labor Turnover Summary for the month of September. This so-called JOLTS report never really moves the markets, but ...
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Employment Trends Index Confirms Strong Job Market

The Conference Board may be best known for its consumer confidence readings, but the group also issues its Employment Trends Index. After a better snapback recovery in payrolls than the ...
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Why the Payrolls Report for October Wasn’t Really All That Weak

The first Friday of just about every month brings the key unemployment and payrolls report from the U.S. Department of Labor. Similar to gross domestic product, it is the payrolls ...
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Labor Costs and Productivity Look Like a Win-Win for the Economy

After a long period of stagnation, the measure for worker productivity is back on the up. The measurements and effects behind productivity can be complicated in many readings, but the ...
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ADP Payrolls Sets Stage for Strong Labor Department Payrolls Gains

ADP's monthly report on private sector payrolls is often used as a barometer for how strong the payrolls gains will be from the U.S. Department of Labor later in that ...
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Employment Costs Rising Handily With Stronger GDP

We have already seen a positive reading of 3.0% growth in gross domestic product (GDP) for the third quarter of 2017. We also have seen the strength confirmed in strong ...
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Jobless Claims Hit Lowest Levels Since 1973

The big pops in weekly jobless claims last month are being proven more and more to have been driven by the impact of hurricanes hitting Texas and Florida. During the ...
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How Wholesale and Retail Inflation Disparity May Pressure the Fed

When most people think of inflation they might get tricked into thinking that the prices of goods and services all rise across the board. The reality is that inflationary is ...
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How Hurricanes Harvey and Irma Contributed to the First Payroll Losses in Years

If you were already bracing for a poor payrolls report for September, your hunch was right. What came as a large surprise, on top of a solid unemployment rate, was that ...
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What Will Really Matter in the September Unemployment and Payrolls Report

Friday's key employment report from the U.S. Department of Labor will be closely watched. Unfortunately, there is a serious chance that the report may be very distorted and hard to ...
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Producer Prices Show Disappointing Inflation Trends for August

The U.S. and the global economies both need inflation. The trick about inflation is that too much is bad and too little is bad. The global economies have seen the ...
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Over 6.1 Million US Job Openings Up for Grabs

Whether or not you are a fan of the economic policies of today, one trend that has prevailed is that there are a record number of job openings. Millions and ...
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August Jobs Report Misses Estimates, Market Reaction Muted

Friday's key economic data point came from the Bureau of Labor Statistics (BLS) employment situation report for August. The unemployment rate ticked up from 4.3% in July to 4.4% and ...
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Weekly Jobless Claims Tick Higher but Remain Incredibly Low

The U.S. Department of Labor has released its view on weekly jobless claims with another incredibly low number. Claims in the week ending August 19 were 234,000. The prior week's ...
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