by Administrator | Feb 13, 2019 | No Spin News
The acceleration in the pace of hiring is not surprising given the amount of stimulus that was applied to the economy early last year. The question now is whether the latest uptrend can be sustained. Concerns center around the effects of the trade war and...
by Administrator | Feb 11, 2019 | No Spin News
The big headline number did not change the shape, or the message, of this chart. We continue to add to payrolls at a pace consistent with what we have seen in prior expansions. Subscribe now!
by Administrator | Feb 8, 2019 | No Spin News
The line on this chart continues to slope up. And that is, in the long run, all that matters. There was nothing in the report to suggest that the Federal Reserve need to move away from its recently stated position that it would wait for more data before deciding on...
by Administrator | Feb 7, 2019 | No Spin News
Many commentators missed the effect of the revisions to the prior data had on the headline Establishment number. Much was made of the fact that the headline number was well above the consensus estimate of a gain of 164,000 jobs. The number net of revisions that you...
by Administrator | Jan 28, 2019 | No Spin News
The rise in the unemployment rate overshadowed a major plus. That being the gain in full-time employment. This is always welcome news. Subscribe now!
by Administrator | Jan 21, 2019 | No Spin News
I am tired of the folks who are pointing to this chart and saying “new record high!” That has been true since March of 2014 when we took out the high that had been set prior to the last recession. Give it a rest. The December numbers are good, as they should be. They...
by Administrator | Jan 19, 2019 | No Spin News
The robust growth in employment continues to be confined to the hiring aspect of the phenonomen and not the compensation part of the phenomenon. The pace of weekly earnings growth just can’t seem to sustain what little momentum it has built over the past several...
by Administrator | Jan 18, 2019 | No Spin News
The strong gain posted in December took this series back above the 2% level. There are no recessions when this series is above 2. Subscribe now!
by Administrator | Jan 16, 2019 | No Spin News
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)....
by Administrator | Jan 15, 2019 | No Spin News
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...
