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February Jobs Number Disappoints by as Much as the January Number Surprised

February Jobs Number Disappoints by as Much as the January Number Surprised

by Administrator | Mar 18, 2019 | No Spin News

Last year, we had a very strong report in February for pretty much the same reasons we had a strong report this January. Everything went in the same direction. And, as you see on the chart, February was the outlier. But we did not know that for sure until much later....
Once Again, You Have to Look Past the Headline of the Jobs Report

Once Again, You Have to Look Past the Headline of the Jobs Report

by Administrator | Mar 14, 2019 | No Spin News

The February job report is a perfect example of why the National Bureau of Economic Research [NBER] waits at least six months before using the employment data to date a business cycle event. Total Nonfarm Payrolls is one of the four coincident indicators that the NBER...
Alan Greenspan’s favorite labor market indicator continues to suggest further expansion is ahead.

Alan Greenspan’s favorite labor market indicator continues to suggest further expansion is ahead.

by Administrator | Mar 1, 2019 | No Spin News

This statistic compares the number of people who lose their jobs in a given month to those who leave their jobs during that same month. The ratio goes down over the course of the expansion both because fewer lose their jobs as employment conditions improve and because...
The January Headline Rate of Unemployment is Not Giving Us Much Useful Information

The January Headline Rate of Unemployment is Not Giving Us Much Useful Information

by Administrator | Feb 28, 2019 | No Spin News, Uncategorized

Because of the special adjustments that are made to the January employment figures, it is best to take this piece of news with a grain of salt. The larger issue is whether we have made the cyclical bottom in the Unemployment Rate. Subscribe...
Seasonal Conditions Prevail in this Category of Part-time Employment

Seasonal Conditions Prevail in this Category of Part-time Employment

by Administrator | Feb 26, 2019 | No Spin News

The drop we see here has mostly to do with the seasonal nature of a lot of the work in the category. The end of retail shopping season is the major cause of the decline. The trend remains intact. In case you were wondering, the Bureau of Labor Statistics under...
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