Posts Categorized: Employment

Payrolls Average Hourly Wages: A Distortion.

Posted - Filed under Payroll Survey, Wages.

Something strange seems to be happening in the Payrolls Survey wage estimates for a sub-sector of the Retail industry.  More investigation is needed before we can say what implications this might have for next month’s hourly wage headline number. Many commentators made claims for inflationary pressures in the release of January’s Payroll Survey. This was… Read more » Read More

Job Openings at 3.8% (down 0.1%), Hiring at 3.7% (unch.)

Posted - Filed under Data News, JOLTS.

The number of job openings was little changed at 5.8 million on the last business day of December, the U.S. Bureau of Labor Statistics reported today. Over the month, hires and separations were little changed at 5.5 million and 5.2 million, respectively. Within separations, the quits rate and the layoffs and discharges rate were little changed at 2.2 percent and 1.1 percent, respectively. This release includes estimates of the number and rate of job openings, hires, and separations for the nonfarm sector by industry and by four geographic regions.

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Payrolls Year/Year Growth Dips

Posted - Filed under Data News, Payroll Survey.

Download chart and data in Excel form. If you would like a self-updating version which will capture future payrolls data, please contact us. Today’s January jobs growth number of 200,000 published by the Bureau of Labor Statistics has generally been regarded in the press as strong. This is indeed more than the initially reported December… Read more » Read More