U.S. Bureau of Labor Statistics

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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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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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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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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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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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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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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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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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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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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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Weekly Jobless Claims Rise, but Not Enough to Jolt Payroll Expectations

Friday's Employment Situation Report by the U.S. Department of Labor will be the biggest economic release in America this week. It also will be the last formal economic report of ...
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Did ADP Just Create Lower Expectations for Payrolls by the Labor Department on Friday?

Friday's Employment Situation report from the U.S. Department of Labor is perhaps one of the most widely followed economic reports of them all. It is also one of the last ...
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Weekly Jobless Claims Remain Stubbornly Low

Every Thursday brings a new report on initial jobless claims from the U.S. Department of Labor. There was a slight dip in the week ending October 22, according to the ...
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Weekly Jobless Claims Post an Unexpected Gain

The U.S. Labor Department has released another report showing weekly jobless claims, and we saw a more substantial gain than we have become used to seeing in recent weeks and ...
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Inflation Reaches Fed Target Range, If You Look Closely

Is inflation coming or is it a hoax? The U.S. Department of Labor announced on Tuesday that inflation has finally arrived, if you know where to look for it. The ...
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