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Are we approaching the limit on full-time employment growth?

by Administrator | Aug 26, 2018 | No Spin News

While doing some work on another project I happened upon this series and the one on the next chart and I thought I would share them with you for the next several months. You are intimately familiar with the Unemployment Rate, which is the ratio of the number of...

Does the current low level of unemployment signal the onset of a new recession?

by Administrator | Aug 24, 2018 | No Spin News

Now that we know something about the composition of the employment gain, we can start to look into what happened to unemployment. Just so you know, it is possible for the number of people employed and the number of people who are unemployed to increase at the same...

What does this series tell us about the strength of the economy?

by Administrator | Aug 23, 2018 | No Spin News

The BLS asks every survey respondent (they survey 60,000 households every month) whether they are working full-time or part-time. Those who answer part-time are then asked whether they are working part-time because they have to or because they want to. Those who...

Find out why what happens here next could be the most important development in the American labor market since 2008.

by Administrator | Aug 22, 2018 | No Spin News

The BLS breaks out part-time employment into two categories. This one counts the people who have to work part-time. They do so because they can only find part-time work, their employer limits their hours to less than 35 per week either because of slack work or because...

Find out why this is the the most important and the most misunderstood number in the employment statistics.

by Administrator | Aug 20, 2018 | No Spin News

The same way as I had to open the scale on nonfarm payrolls, I had to open the scale on this chart. For those of you new to the report, total civilian employment breaks down into full-time and part-time employment. And those partitions are what we are next going to...

For the past eight years, many analysts have forecast that this line would stop rising. Our subscribers know why those forecasts were wrong.

by Administrator | Aug 19, 2018 | No Spin News

Let’s wrap up the Establishment Survey, which is the official name for the report that produces all of the payroll numbers, with a couple of notes. The first was that I had to open the scale on this chart, which is something I enjoy doing. The second is that the...
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