Tag Archives: unemployment report

Too Many New Jobs?

Posted on December 2, 2022 by Popular Economics Weekly

Popular Economics Weekly FREDavghourlywages The Fed Governors won’t like this morning’s unemployment report. The U.S. Census Bureau just reported that 263,000 nonfarm payroll jobs were created in November and average hourly wages are still rising 5.1 percent annually. To make … Continue reading →

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Is Inflation Scare Over?

Posted on August 12, 2022 by Popular Economics Weekly

Financial FAQs BLS.gov Both the retail Consumer Price Index (CPI) and wholesale inflation index for raw materials—the Producer Price Index (PPI)—fell in July. Since the PPI feeds into retail prices, it’s a sure sign that inflation is on the wane. … Continue reading →

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Unemployment Report Shows Economic Toll From COVID-19

Posted on December 4, 2020 by Popular Economics Weekly

Popular Economics Weekly MarketWatch Economists have been asking what if we have a ‘double-dip’ recession; i.e., should the US economy return to negative growth in the fourth quarter or Q1 of 2021? The Bureau of Labor Statistics (BLS) unemployment report … Continue reading →

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There are Plenty of Available Jobs!

Posted on November 11, 2020 by Popular Economics Weekly

Financial FAQs Calculated Risk The 6.4 million job openings on the last business day of September, were “little changed” from prior months, the U.S. Bureau of Labor Statistics reported yesterday. But it is below the 7 million job openings in … Continue reading →

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Another Good Employment Report

Posted on November 6, 2020 by Popular Economics Weekly

Financial FAQs FREDunemployment The U.S. regained 630,000 jobs in October and the unemployment rate fell sharply again to 6.9 percent, said the Bureau of Labor Statistics, reflecting a surprising show of strength for the economy even as coronavirus cases rose … Continue reading →

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Back to a ‘V’-Shaped Recovery?

Posted on October 15, 2020 by Popular Economics Weekly

Popular Economics Weekly FREDcontinuedclaims Richard Clarida, No.2 official at the Federal Reserve said on Wednesday that the U.S. recession begun in March with the coronavirus pandemic may already be over. “This recession was by far the deepest one in postwar … Continue reading →

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Unemployment Declines, Modest Hiring

Posted on October 2, 2020 by Popular Economics Weekly

Popular Economics Weekly MarketWatch The economy regained 661,000 jobs in September and the unemployment rate fell for the fifth month in a row to 7.9 percent, the government said Friday. It’s the smallest advance since a recovery began in May, with August … Continue reading →

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Where are the Jobs?

Posted on September 14, 2020 by Popular Economics Weekly

Popular Economics Weekly Calculated Risk The number of job openings increased to 6.6 million on the last business day of July, the U.S. Bureau of Labor Statistics reported last week, a good sign. Labor’s JOLTS report will be an important … Continue reading →

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Employment Picture Improving?

Posted on September 4, 2020 by Popular Economics Weekly

Popular Economics Weekly MarketWatch It wasn’t as much improvement as expected, and more layoffs are coming with the end of the CARES Act benefits that kept workers on payrolls, or temporarily furloughed. The Labor Department (BLS) reported the August unemployment … Continue reading →

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Joblessness to Increase This Fall

Posted on August 29, 2020 by Popular Economics Weekly

Popular Economics Weekly FREDinitialclaims The initial claims for unemployment insurance curve has flattened, rather than continuing to decline as the US economy opens. Not a good sign for future job growth.  Why? The coronavirus infection rate hasn’t declined, in a … Continue reading →

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