U.S. Bureau of Labor Statistics

Cash register

Are Inflation and Consumer Spending Already Petering Out?

If you grew up any time prior to recent years, you might wonder why on earth anyone ever wants inflation to come back. The reality is far more complex, and the scare ...
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White House

President Obama’s Final Unemployment and Payrolls Tally

If you ever wanted to find a major economic reading that always has the chance of moving a market that just does not matter for the time being, this Friday's ...
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snowy mail boxes

America’s 10 Most Endangered Jobs

In the 1967 film "The Graduate," Dustin Hoffman gets a single word of advice from a family friend: "Plastics." Half a century later that word would more likely be "Robotics." ...
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Industrial

Producer Prices Increase Enough for Rate Hike Cover

The U.S. Department of Labor has released the government's last look on inflation ahead of Wednesday's Federal Open Market Committee (FOMC) meeting, from which a rate hike seems imminent. Inflation ...
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bananas

Import and Export Prices Act as Curve Ball for Fed Rate Hike

The Bureau of Labor Statistics (BLS) has released its indexes on import and export prices for November 2016. While some inflation has been in seen in many readings elsewhere, it ...
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Happy Business workers copy

November Unemployment Hits Post-Recession Low, With Caveats

Friday's only real economic report of much consequence was the U.S. Department of Labor's employment situation report. It turns out that the official unemployment rate for November dropped to a post-recovery ...
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Handshake

ADP Payrolls Gain May Boost Labor Department Expectations — With a Caveat

Each and every month, the U.S. Department of Labor's payrolls and unemployment rate report is effectively previewed by ADP's monthly private sector payrolls report. These reports are not unilaterally mirror ...
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jobless claims

Jump in Jobless Claims Unlikely to Matter

Last week's massive drop in weekly jobless did not seem to repeat itself. That being said, jobless claims remain stubbornly low and signal a continuation of a good employment market. ...
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Chemical plant

Producer Price Index Falls Handily Short on Inflation

Given the stock market rally and rise in Treasury yields we have seen since the election, many economists and investors probably are not paying too much attention to economic reports ...
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Help wanted sign

Few Major Surprises in Job Openings (JOLTS) Report

The Bureau of Labor Statistics (BLS) has issued its Job Openings and Labor Turnover Summary, or the JOLTS report. This is the number of job openings in America and comes ...
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Welder

Why ADP Matters So Much Now for Labor Department Payrolls

Each and every month, the financial markets and the media get all hot and bothered to report the U.S. Department of Labor's Employment Situation report. This measures the official unemployment ...
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unemployment

Will JOLTS Show the Job Openings and Quits Confirming Weak Employment?

On Tuesday, November 8, most of America will be tuned in hotly and heavily into watching news coverage about the presidential and congressional elections. After all, how the election turns out ...
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Currency

Economists Show Mixed Views on Rate Hikes After Muted Payrolls

The Bureau of Labor Statistics reported on Friday that nonfarm payrolls rose by 161,000 in October. This was modestly below the consensus estimates, but the real issue was that the ...
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Construction Laborers copy

Weaker Payrolls Growth Meeting Higher Wages Still Supports December Rate Hike

Well, there is no real data inside of the payrolls and unemployment report for the conspiracy theorists to run wild with as the last serious economic report ahead of the ...
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homebuilder

Worker Productivity Finally Back in the Right Direction

After having been in the dumps for far too long, we are seeing a long overdue surge in worker productivity. Nonfarm productivity rose by a sharp 3.1% on an annualized ...
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