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News

16
Jan
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Manufacturing hiring was up again, this time by 19,000 persons. The gain was led by a 6,700 person gain in fabricated metal products and a 5,500 gain in miscellaneous nondurable goods. Other notable gains were in transportation equipment (+4,100) and food (+3,700). This sector will be getting extra scrutiny in the months ahead as analysts […]

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15
Jan
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The health care juggernaut downshifted and burned rubber. The 57,900 person gain you see there was spearheaded by a 13,300 person rise in home health care services, along with robust gains in hospital employment, offices of dentists, and offices of physicians. As was the case with Leisure and Hospitality, the December number resets the profile […]

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30
Dec
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Strong gains in full-time employment are the most welcome news in these reports. This is far more important than the headline rate of unemployment for the simple reason that, until you know what brought about the headline rate of unemployment, you don’t know whether the number represents good or bad news. When you see full-time […]

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