a seasonally adjusted gain of 214,000 jobs, 209,000 in the private sector. September’s gain was revised up to 256,000. Read More
Posts Categorized: Employment
Unemployment Rate fell in October to 5.8%.
The BLS U.3 unemployment rate fell in October to 5.8% from 5.9% in September. This is a good result, with the Labor Force rising yet Employment rising faster. Read More
October Payrolls: Trend Forecasts only 180,000 more jobs.
Seasonal Adjustment biased to growth lower than prior month and consensus. Currently, the consensus is averaging a 235,000 gain. Read More
Payroll Survey Preview
Here are the mathematical trend numbers which are produced in advance by the ExpliStats modeling of the BLS seasonal adjustment process. The trends here are what could be expected for September, given the seasonally-adjusted BLS trends established through August. Read More
Employment/Unemployment – Short Review
Seasonal adjustment difficulties due to calendar issues likely understated August payroll growth. Conversely the improvement in U3 was due mostly to seasonally-adjusted participation rate of students, largely affected by when school restarted in August. Read More
Payroll Employment – Trend Forecasts
Here are the mathematical trend numbers which are produced in advance by the ExpliStats modeling of the BLS seasonal adjustment process. The trends here are what could be expected for August, given the seasonally-adjusted BLS trends established through July. Read More
Unemployment up slightly, 6.2%. College students looking for work?
The BLS U3 unemployment rate edged up in July (as reported today) from a rounded 6.1% to 6.2%. The good news is that this is due to an increase in the Labor Force Participation Rate. Read More