Tag Archives: unemployment report

Full Employment Reached—161,000 Payroll Jobs

Posted on November 8, 2016 by Popular Economics Weekly

Popular Economics Weekly Average hourly earnings are up 2.8 percent annually, a recovery high. Nonfarm payroll growth was up 161,000 with upward revisions adding a net total 44,000 to September (191,000) and August (156,000). The unemployment rate is down 1 … Continue reading →

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Personal Incomes, Manufacturing Remain Strong

Posted on November 2, 2016 by Popular Economics Weekly

Popular Economics Weekly Personal income rose a solid but slightly lower-than-expected 0.3 percent in September, reports the Commerce Department’s Bureau of Economic Analysis (BEA). The wages & salaries component rose 0.3 percent, another sign of rising incomes. That’s why consumer … Continue reading →

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A Half-Full Jobs Report

Posted on September 3, 2016 by Popular Economics Weekly

Financial FAQs Nonfarm payrolls rose a lower-than-expected 151,000 in August with revisions to July and June at a net minus 1,000, reported the Bureau of Labor Statistics. I would call this a half-full employment report in an economy that is … Continue reading →

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255,000 Jobs Added, Economy Still Growing

Posted on August 5, 2016 by Popular Economics Weekly

Financial FAQs Total nonfarm payroll employment rose by 255,000 in July, and the unemployment rate was unchanged at 4.9 percent, said the U.S. Bureau of Labor Statistics today. This confirms earlier reports from the manufacturing and service sectors that economic … Continue reading →

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Spring Employment Surges

Posted on July 12, 2016 by Popular Economics Weekly

Popular Economics Weekly Total nonfarm payroll employment increased by 287,000 in June, and the unemployment rate rose to 4.9 percent, said the U.S. Bureau of Labor Statistics Friday. It means last month’s 11,000 private payrolls was a ‘Yuge’ aberration. How … Continue reading →

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Should the Fed Raise Rates?

Posted on June 3, 2016 by Popular Economics Weekly

Financial FAQs It’s incredible that Janet Yellen’s Fed should even be talking about raising interest rates in June, or July. The Fed predicts no more than 2.5 percent GDP growth in Q2, after Q1’s 0.8 percent growth rate. And the … Continue reading →

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April Private Payrolls Increase 171,000

Posted on May 6, 2016 by Popular Economics Weekly

Popular Economics Weekly But government payrolls lost 11,000 jobs, so total nonfarm payroll employment increased just 160,000 in April. Over the prior 12 months, employment growth had averaged 232,000 per month. The April jobs report was well below Wall Street’s … Continue reading →

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U.S. Nearing Full Employment?

Posted on April 1, 2016 by Popular Economics Weekly

Popular Economics Weekly Are we approaching full employment will be the debate raging within the Federal Reserve and beyond this year. That’s because, “Total nonfarm payroll employment rose by 215,000 in March, and the unemployment rate was little changed at … Continue reading →

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Job Openings Still At Record Level

Posted on March 18, 2016 by Popular Economics Weekly

Popular Economics Weekly The number of job openings rose to 5.5 million on the last business day of January, the U.S. Bureau of Labor Statistics reported today. It is just below the record high set in July 2015. Hires declined … Continue reading →

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211,000 Payroll Jobs Not Enough

Posted on December 7, 2015 by Popular Economics Weekly

Popular Economics Weekly Friday’s unemployment report was disappointing for a number of reasons, mainly because we are not yet close to full employment, and there is no sign of inflation. The number of persons employed part time for economic reasons … Continue reading →

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