Fired Businessman

Job Openings Drop in October

While the biggest number from the Bureau of Labor Statistics (BLS) and the U.S. Department of Labor is the monthly payrolls and unemployment report, its Job Openings and Labor Turnover ...
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Employment Trends Index Remains Strong in November

After last Friday's Bureau of Labor Statistics (BLS) report on unemployment and payrolls, it was assumed that the labor market remained strong. There were less than solid payrolls gains, despite a ...
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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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retail recession

Small Business Trends Not Improving Much in November

Maybe there has been a huge stock market recovery and maybe consumer sentiment has screamed higher in the three weeks since the presidential election. The overall employment picture remains one ...
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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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oil refinery

Texas Jobs Market May Be Signaling Decent News for the Oil Patch

If you just read the headlines, you would think everything is great for the jobs market in Texas. The Texas Workforce Commission reported on Friday that the state added some ...
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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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Employment Trends Index Looks Marginally More Positive Than Labor Department’s Payrolls Report

Each month's U.S. Department of Labor report on unemployment and nonfarm payrolls is one of the most widely watched reports of them all. What matters after the fact is how ...
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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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Smiling call center employees sitting in line, good customer service

Services Economy and Employment Measures Show Slower Growth in October

The United States is now a post-manufacturing economy. We might not just be a nation of white-collar jobs and restaurant workers, but we are definitely now a services focused economy. ...
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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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