Tag Archives: JOLTS report

A Huge Employment Report

Popular Economics Weekly The U.S. Bureau of Labor Statistics (BLS) reported today that total nonfarm payroll employment increased by 263,000 in April, and the unemployment rate declined to 3.6 percent. It was the lowest unemployment rate in 49 years—since December … Continue reading

Posted in Consumers, Economy, Weekly Financial News | Tagged , , , | Leave a comment

Near-Record Home Sales Combine with Record Low Interest Rates

The Mortgage Corner Graph: Econoday Existing-home sales rebounded strongly in February, experiencing the largest month-over-month gain since December 2015, according to the National Association of Realtors. Three of the four major U.S. regions saw sales gains, while the Northeast remained … Continue reading

Posted in Consumers, Housing, housing market, Weekly Financial News | Tagged , , , | Leave a comment

America’s Immigration Problem

Popular Economics Weekly CalculatedRiskBlog The Calculated Risk graph says it best in the Labor Department’s latest Job Openings and Labor Turnover Survey (JOLTS). There are still about one million more job openings (yellow line) than hires (blue line). There have … Continue reading

Posted in Consumers, Economy, Macro Economics, Weekly Financial News | Tagged , , , | Leave a comment

Why aren’t Wages Growing Faster?

Popular Economics Weekly Graph: FRED Interest rates are far too low for this late in the recovery from the Great Recession. We know this because the Treasury Yield Curve has been falling that measures the difference between the 10-year and … Continue reading

Posted in Consumers, Economy, Politics, Weekly Financial News | Tagged , , , , , | Leave a comment

Single Family Construction, Consumer Sentiment, Higher

The Mortgage Corner The US economy is booming, even with trade wars looming, and Putin attacking democratic institutions everywhere. The good news is interest rates and inflation are still extremely low, and consumers ebullient over their current status. Why not, … Continue reading

Posted in Consumers, Economy, Housing, housing market, Weekly Financial News | Tagged , , , , | Leave a comment

Shutdown vs. “S***hole” Countries?

Popular Economics Weekly The just ended government shutdown has little to do with 9 million children’s health insurance under the CHIP plan, or extending the Dreamers protection under DACA. It really has to do with President Trump’s insistence on shutting … Continue reading

Posted in Economy, Macro Economics, Politics | Tagged , , , , , | Leave a comment

JOLTS Report – Too Many Job Openings!

Financial FAQs The Labor Department reported today that there were 6.1 million job openings in August in its JOLTS report, or Job Openings and Labor Turnover Survey, which was “little changed” from July, while hirings remained far behind at 5.430 … Continue reading

Posted in Consumers, Economy, Macro Economics, Weekly Financial News | Tagged , , , , , | Leave a comment

JOLTS Report – Too Many Job Openings!

Financial FAQs The Labor Department reported today that there were 6.1 million job openings in August in its JOLTS report, or Job Openings and Labor Turnover Survey, which was “little changed” from July, while hirings remained far behind at 5.430 … Continue reading

Posted in Uncategorized | Tagged , , , , , | Leave a comment

More Job Openings, Fewer Hirings Mean What?

Popular Economics Weekly The job market continues to fluctuate, as job openings rose sharply in June to 6.163 million from 5.702 million in May. Hires, however, fell sharply, to 5.356 million from 5.459 million. This data set can be volatile … Continue reading

Posted in Consumers, Economy, Weekly Financial News | Tagged , , , | Leave a comment

Another Great Jobs Report?

Financial FAQs No economist predicted another 209,000 private payroll jobs would be created in July, or that the last 2 months’ total would be 431,000, or the y-t-d total would be 1,290,000 payroll jobs created this year. But they should … Continue reading

Posted in Consumers, Economy, Macro Economics, Politics, Weekly Financial News | Tagged , , , | Leave a comment