U.S. Bureau of Labor Statistics

Black Unemployment Over 50% Above National Average

Posted: December 8, 2019 at 6:14 am

The newly released Employment Situation for November, from the Bureau of Labor Statistics, shows that the economy added 266,000 jobs last month and that the unemployment rate dropped to 3.5%, ...
Read Full Story »

November Payrolls Surge Much More Than Expected

Posted: December 6, 2019 at 10:00 am

This week's weak payrolls report from ADP had the market bracing for low payrolls numbers on Friday after signaling contraction in manufacturing, commodity producers and retailers. ADP's Mark Zandi even ...
Read Full Story »

Unemployment In This American City Is Above 20%

Posted: November 30, 2019 at 8:29 am

The Bureau of Labor Statistics just released its unemployment numbers for America's 389 metro areas for the month of October. The trend was generally positive. Unemployment for the month was ...
Read Full Story »

Private Sector Job Openings Keep Declining From the 2018 Peak

Posted: November 5, 2019 at 11:45 am

Each month, unemployment and payrolls data from the Bureau of Labor Statistics (BLS) Employment Situation report is followed up by the Job Openings and Labor Turnover Summary. This so-called JOLTS ...
Read Full Story »

Labor Department Delivers a Goldilocks Unemployment and Payrolls Report for October

Posted: November 1, 2019 at 10:30 am

The Federal Reserve did deliver on its expected quarter-point interest rate cut this week. That was a day ahead of a better than expected gross domestic product report for the ...
Read Full Story »

Consumer Inflation Confirmed After Weak Wholesale Inflation

Posted: October 10, 2019 at 9:55 am

Measuring the true rate of inflation might not be as easy as it seems. After a weak wholesale inflation reading for September from the Producer Price Index (PPI), consumer inflation ...
Read Full Story »

Job Openings and Quits Show Signs of Less Robust Job Market

Posted: October 9, 2019 at 10:50 am

The media reports that recession risks are rising every day. If a recession is going to arrive, it's going to take a major blow to the consumer — and the ...
Read Full Story »

Producer Prices Refuse to Cooperate Toward the Fed’s 2% Inflation Target

Posted: October 8, 2019 at 9:05 am

The Federal Reserve has tried to get inflation closer to its 2% mandate for some time, but the current economy just isn't allowing it. Lower energy prices and even a ...
Read Full Story »

Black Unemployment Rate Over 50% Above National Number

Posted: October 6, 2019 at 8:29 am
Last updated: October 7, 2019 7:30 am

Most experts believe that the September jobs report from the U.S. Bureau of Labor Statistics showed some pressure on the economy due to trade wars, particularly with China. However, the ...
Read Full Story »

Slow Payrolls Gains Still Good Enough to Ease Many Recession Fears

Posted: October 4, 2019 at 9:15 am

After weaker manufacturing and non-manufacturing data inserted some caution in payroll growth this week, and considering a weaker than expected ADP private sector payrolls report, the expectations were low coming ...
Read Full Story »

Continuing Jobless Claims Remain Near 50-Year Low

Posted: September 26, 2019 at 10:15 am

New claims for unemployment benefits rose by 3,000 in the week ending September 21, according to the weekly report from the U.S. Department of Labor. The seasonally adjusted total rose ...
Read Full Story »

Should a Month of Higher Producer Costs Be Scaring the Federal Reserve About Inflation?

Posted: September 11, 2019 at 10:45 am

The U.S. Bureau of Labor Statistics (BLS) has reported that producer prices are starting to pose a problem for inflation. Or is that not the case? Prices rose on a ...
Read Full Story »

Black Unemployment in America Is Almost 50% Above the National Average

Posted: September 7, 2019 at 9:35 am
Last updated: September 9, 2019 6:37 am

Most experts believe that the August jobs report showed some pressure on the economy due to trade wars, especially with China. The unemployment rate was steady at 3.7% compared to ...
Read Full Story »

BLS Data Shows the Endless Gains in Payrolls Are Becoming More Muted

Posted: September 6, 2019 at 9:50 am

After seeing the tally of weekly jobless claims and a stronger than expected private sector payrolls gain for August from ADP, the stage was set for a stronger than expected ...
Read Full Story »

ADP and Layoff Data Bring Stronger Expectations for BLS Unemployment and Payrolls Gains

Posted: September 5, 2019 at 10:45 am

The first week of every month brings a new round of employment and payrolls data regarding the U.S. economy. While the biggest and most widely watched report is the Employment ...
Read Full Story »