JOLTS Report Shows Strong Numbers in Quits and Hires
The Bureau of Labor Statistics has released its Job Openings and Labor Turnover Survey, or the JOLTS report, for the month of December.
The Bureau of Labor Statistics has released its Job Openings and Labor Turnover Survey, or the JOLTS report, for the month of December.
The latest Conference Board Employment Trends Index showed a slight increase in January, a confirmation of last week's unemployment and payrolls report from the U.S. Department of Labor.
The Bureau of Labor Statistics now says that the official unemployment rate was 4.9% in January, below 5% for the first time since 2008.
The Challenger, Gray & Christmas job-cuts report for January indicates that layoffs skyrocketed by more than 200% to their highest level since last summer.
Analysts are looking for nonfarm payrolls to rise by 188,000 and for the unemployment rate to remain unchanged at 5%.
Weekly jobless claims for the week of January 30 have just been released, and they are continuing to trend higher.
The private sector added some 205,000 jobs in January's ADP National Employment Report report.
Initial weekly jobless claims were up 7,000 to 284,000 in the week of January 9. Claims have not been this high since way back in early July.
No matter what the exact cause, an unemployment rate among the young that is three times that national average represents trouble for the economy in years to come.
The U.S. Department of Labor has reported that nonfarm payrolls rose by a sharp 292,000 in December.
The last formal employment release of 2015 was the weekly jobless claims report from the U.S. Department of Labor.
In Deloitte's first-ever Workplace Pulse survey, about one in three respondents said they consistently placed work commitments over family and personal commitments.
According to the Bureau of Labor Statistics, in November six states had unemployment rates above 6%, while the national rate for the month was 5%.
Economists might suspect that the latest jobless reading perhaps points to a softening of what has been a very solid labor market.
The Conference Board's Employment Trends Index showed a decrease in November. it was not quite as robust as what the Bureau of Labor Statistics indicated just on Friday.