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 [...]
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 [...]
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 [...]
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 [...]
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, [...]
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 [...]
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 [...]
The consensus estimate for Friday’s jobs report seems to be that after accounting for the large decline in temporary census workers, the U.S. economy continued to add jobs in July. Most forecasters, however, have tempered their positive but modest outlook and are expecting to see a continuation of slow but steady recovery in the jobs [...]
Given the slew of grim data released this week, it’s no wonder that the markets have reacted poorly. ADP reported that employers added only 13,000 people to their payrolls in June, far lower than the 60,000 economists were expecting. Earlier today, the Department of Labor reported that Initial Claims for Unemployment in the week ending [...]
Similar to the way they were prior to last month’s jobs report from the Bureau of Labor Statistics (BLS), the optimists are out in full force this week, and perhaps for good reason. The ADP report was released today, showing that private employers added 55,000 jobs in May. The Monster Index, also released today, rose [...]