Economy

As has been the case for much of the recent past, the U.S. economy is a tale of two cities these days with strong consumers continuing to buoy the economy despite some distressing signs from pretty much everything that isn’t …

There are a lot of questions swirling around the U.S. economy these days, but two of the most central are whether the slowdown in hiring is due to weakening demand or shrinking supply and secondly, how long the U.S. consumer …

  Because Jobs Friday fell on November 1st, we didn’t have much time yesterday morning to thoroughly process our job market data for October before the Labor Department released its Employment Situation Report for the month. We did, however, have …

Our paired-month jobs data for October finished processing and was delivered early this morning, just in time to allow for a very quick analysis. We’ll be processing and evaluating all of our monthly jobs data this morning and we will …

Before we jump into our Non-Farm Payroll Forecast (NFP) for August, it is worth noting that on August 21st, the Bureau of Labor Statistics announced its preliminary estimate of the upcoming annual benchmark revision to the establishment survey employment series. …

We’ll publish more data shortly, but given that we wait for the 1st of the month to populate our model with the prior month’s jobs data (combined with the fact that I’ve been traveling all day), we wanted to get …

In June we saw a decrease in total unique job listings across 58% of markets, which continued a downward trend we have seen over the past few months. Total U.S. job listings fell 1.3% overall in June, and new job …

Being on vacation this week around the 4th, I will be keeping commentary to a bare minimum for our June non-farm payroll forecast – an unfortunate disservice to the magnitude of our forecast given that we project a loss of …

  In May we saw an increase in total unique job listings across 64% of markets, down from an increase across 73% of markets in April. Overall total job openings rose just 1% for the month, with new jobs openings …

Occasionally over the years, it’s been the case that as I am working on our non-farm payroll forecast, I’ll hear a song that is extremely relevant to the current employment situation. It happened again this month when I recently heard …