Diggings

A blog by Toby Dayton

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Archive for September, 2011

LinkUp Issues Bullish 60-Day Jobs Report; August Will Surprise To The Upside & Job Growth Will Accelerate In September & October

With each month that unemployment in the U.S. remains stubbornly high, focus on the government’s ‘official’ monthly jobs report grows increasingly intense. Unfortunately, while the anticipation surrounding tomorrow’s report from the Bureau of Labor Statistics has reached new levels, so too has the uncertainty around what the report will say about job growth across the [...]

July Jobs Report Will Be Slightly Better Than Expected But Still Grim; More Bad News In Store For September

There is no question that the gloom surrounding the U.S. economy in general and job growth in particular is well founded. Economists have recently slashed their GDP forecasts for the remainder of the year with the specter of a double-dip recession rearing its ugly head once again, and all signs point to persistently high unemployment [...]

LinkUp Releases Wildly Bullish March Jobs Report

For certain, some of the impact is lost in releasing a jobs report after the Department of Labor has released their monthly data, but such is the case when the first Friday of the month is also the 1st of the month. (I’m not sure why the Conference Board would or could or should release [...]

LinkUp Jobs Report For February Is As Clear As Mud

The February jobs report comes out tomorrow, and hopes are high that the numbers will finally show that the U.S. economy is truly and firmly in recovery mode. As Ben Bernanke said recently in his semiannual testimony on Capitol Hill, the recovery that seems to be occurring in virtually every economic and financial metric except [...]

Job Openings On Company Websites Increased Substantially In January

After a disappointing jobs report in December, pressure is mounting for a positive report this Friday when the Department of Labor releases their jobs numbers for January. All indicators are pointing to a positive report for the month. ADP estimates that the U.S. gained 187,000 jobs, Intuit is reporting that small businesses added 70,000 jobs, [...]

LinkUp’s Jobs Data For November and December Mirror Actual Jobs Numbers For Both Months

I’m not sure that anyone’s noticed, but it’s been a few months since we’ve published our monthly jobs report, and my blogging in general has dropped precipitously of late. One of my goals for 2011 is to begin blogging again and I’m starting with a much delayed jobs report from LinkUp for November and December [...]

LinkUp Jobs Data From June And July Hinted At Decent August Jobs Report; LinkUp’s Jobs Data For August Paints Grim Picture For September and October Jobs Reports

Despite the slight uptick in unemployment to 9.6%, this morning’s August jobs report was far more positive than people had expected. While job losses in the U.S. economy numbered 54,000, the private sector added 67,000 jobs in August. Equally as positive, the Bureau of Labor Statistics provided a significant revision to July’s numbers, decreasing the [...]