unemployment

Is Now the Best Time to Be a Temporary Worker and in the Gig Economy?

At the end of 2017, it turns out that the official unemployment rate is barely 4%, and overall wage growth has been rather slow to catch up with inflation and ...
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Unemployment and Payrolls Remain Strong in November

The U.S. Department of Labor showed yet another strong payrolls and unemployment report. The official unemployment rate for November is at a 17-year low, and payrolls surprised higher with a ...
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Jobless Claims Add More Base for Strong Payrolls and Unemployment Report

Another solid jobs number is setting the tone for Friday's unemployment and payrolls report. The U.S. Department of Labor reported that weekly jobless claims for the week of December 2 ...
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Weekly Jobless Claims Head Lower as Continuing Claims Tick Back Up

U.S. jobless claims fell yet again in the week ending November 25. This is a continued signal of a very robust labor market, but the financial markets are likely going ...
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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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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 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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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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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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Jobless Rate Drops Below 3% in 5 States

The Bureau of Labor Statistics (BLS) has released its state employment figures for July. Five states had unemployment rates below 3%, against the national average of 4.2%. Other than Hawaii, ...
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