Diggings

A blog by Toby Dayton

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Archive for March, 2013

Winter Is Coming, But LinkUp Predicts Strong Job Growth This Spring

Scene: Somewhere in the Riverlands, south of The Twins. Tywin Lannister: “When the battle commences, you and your wildlings will be in the vanguard.” Tyrion Lannister: “The vanguard? Me and the tribesman, on the front lines?” After a brief recounting of the savagery of the Stone Crows and the Moon Brothers the night prior, Tyrion [...]

December Jobs Report Will Be Far Better Than Expected; Strong Employment Gains Should Continue Through Q1 2013

Despite mixed to horrible marks for the quality of the bill as a solid solution to the nation’s long-term revenue and expense woes (one former budget official from the Clinton administration speaking earlier today on Bloomberg Radio gave it a D-), last night’s passage of HR 8 – The Tax Relief Extension Act – has [...]

Look For Strong Jobs Reports in November & December; Let’s Hope The Grinch Doesn’t Ruin The Start Of The New Year

Despite pretty bleak jobs data from LinkUp’s job search engine in November, we’re forecasting that tomorrow’s jobs report will be better than anticipated. We’re also predicting that December’s jobs report will be quite strong. Unfortunately, our jobs data from November points to a weak start to 2013, but we’ll see what happens as we get [...]

Job Gains Look Really Strong For Remainder Of 2012

While I would normally say it was unfortunate that I missed the self-imposed deadline for posting our 60-day jobs forecast yesterday, the delay turns out to have been quite fortuitous. The BLS released the October Employment Situation Report this morning which stated that the U.S. economy grew payrolls by 171,000 in October. On October 4th, [...]

September Jobs Report Will Be Worse Than Anticipated; Expect Better News In October And Weak Jobs Numbers In November

As has been the case seemingly forever, trying to attain some visibility into the nation’s employment situation these days is like trying to take a picture with the new iPhone 5. While that exercise can be marred by a funny purple haze, the view of the labor market at the moment is marred by a thick [...]

Strong Job Posting Gains On LinkUp In August Point To Excellent Jobs Report In October; Weak Job Postings In June And July Indicate Sluggish Job Gains For August And September

On Friday, November 2nd, the Department of Labor will issue its jobs report for October, and It will be one of the strongest reports since the 1st quarter. Unfortunately, it just might be too late to do anything to help President Obama’s case that he has turned around the nation’s employment situation. Based on LinkUp’s [...]

LinkUp Expects Job Drought For Remainder Of Summer

Similar to the brutal and seemingly endless drought ravaging most of the country this Summer, particularly the central U.S., the bad news around the nation’s ability to generate any meaningful job growth will simply not let up. In Q1, the U.S. averaged monthly job gains of 225,000. In Q2, the average monthly job gain dropped [...]

June Jobs Report Will Be Slightly Better Than Anticipated; July Less So

With the nation’s singular focus on the economy as the November election rapidly approaches, all eyes will be on Friday’s jobs report for June. If the pundits on Slate’s Political Gabfest are correct (and at least John and Emily almost always are), most undecided and/or independent voters will be making up their minds in July [...]