We are way behind schedule getting our non-farm payroll (NFP) forecast posted this week, and we’ll publish a bunch of additional job market data for November over the next few days, but in order to get our NFP forecast published …
Jobs Reports & Forecasts
Using simple linear regression for BLS estimate
Nic Gustafson
The following post will explore using LinkUp’s data to make a simple prediction for nonfarm, non-seasonal total employment numbers using linear regression. The intention is not to create a perfect prediction in this tutorial, but to iterate on this model …
Insights from our new Economic Indicators Report
Molly Moseley
As coronavirus continues to spark volatility in the U.S. economy, LinkUp’s jobs dataset provides unique insights into COVID-19’s impact on the labor market. In the most recent edition of our quarterly Economic Indicators Report, we observe a labor market edging …
Closer to normal
Molly Moseley
Overall, October job listings appear to mirror the modest increases we witnessed in September. The most striking change can be seen in created job listings which were up 6% in October, after a flat September. Deleted job listings largely held …
U.S. job openings on company websites globally rose 6% in October, continuing the steady recovery in U.S. labor demand that began in May. New Job listings posted to company websites rose 13% while the number of jobs removed from company websites, …
Non-Farm Payrolls Will Beat Consensus Estimates But Rate Of Growth Will Continue 3-Month Downward Trend
Toby Dayton
While U.S. job openings on company websites globally rose 2% in September, continuing the steady recovery in U.S. labor demand that began in May, the rate of increase was the slowest in the past 4 months. The LinkUp 10,000, …
August Jobs Report Will Beat Consensus Estimates
Toby Dayton
Labor demand continued to rise in August, with steady gains in total, new and removed job openings across the U.S. that continued the steady gains seen in June and July. The LinkUp 10,000, a metric that measures the …
As we’ve highlighted over the past few months, we’re closely tracking new job openings across the U.S. as one of the key, real-time indicators of what’s happening not just in the labor market but the economy as a whole at …
Happy 4th and Wear A Mask
Toby Dayton
With a shortened holiday week, combined with an early, Thursday Employment Situation release, I will keep this month’s NFP forecast commentary short and get straight to our data. As we’ve been saying for the past two months, labor demand continued …
What Federalism Looks Like in 2020
Toby Dayton
It’s been a sobering week, to say the least, on a number of fronts. At the same time that daily COVID cases reached record levels nationally, driven mostly by states that opened up aggressively and disregarded health protocols, unemployment claims …