Tag Archives: employment

December U.S. Employment

Quirky Jobs Report Blasts Arctic Air on Sanguine Outlook, U. Rate Down to 6.7 Percent The December Payroll Employment Survey showed a much weaker-than-expected gain of 74,000 jobs. The Unemployment Rate for December fell to 6.7 percent as the labor … Continue reading

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November U.S. Employment, October Personal Income

One Step Closer to QE Taper, Last Hurdle Is a Budget Deal  The November Payroll Employment Survey showed a solid gain of 203,000 jobs. The November Household Survey of Employment recovered from its October swoon, adding 818,000 jobs. The Unemployment … Continue reading

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Comerica Economic Weekly

Quirky August labor data should not prevent the Federal Open Market Committee from voting to dial down QE3 on September 18. Fed officials remain noncommittal, so a September 18th announcement of the beginning of the end of QE3 is still … Continue reading

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August U.S. Employment

Quirky August Jobs Report Shows July Clunker, Unemployment Rate Falls to 7.3 Percent The August Payroll Employment Survey showed a weaker-than-expected gain of 169,000 jobs. The Unemployment Rate for August decreased to 7.3 percent. Average Weekly Hours ticked up for … Continue reading

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July U.S. Employment and June Income and Spending

Jobs Report Confounds in Both Directions, Payrolls Weaker, Unemployment Better  The July Payroll Employment Survey showed a weaker-than-expected gain of 162,000 jobs. The Unemployment Rate for July decreased to 7.4 percent, better than expected. Average Weekly Hours ticked down for … Continue reading

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2013Q2 GDP, July ADP Employment

Good News and Bad News: Current Data Better Than Expected but History Revised Down Real Gross Domestic Product increased at a better-than-expected 1.7 percent annualized rate in 2013Q2. Real Consumer Spending increased at a moderate 1.8 percent annual rate in … Continue reading

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Comerica Economic Weekly

It was a light week for economic data following the short, but data intensive, 4th of July holiday week. Last Friday‘s jobs report for June was positive, both in terms of the June payroll gain, but also in terms of … Continue reading

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June ADP Employment, ISM-NMF Index, Auto Sales, UI Claims, May Trade

U.S. economic data heading into the July 4th holiday was generally positive and consistent with the idea that the economy is maintaining moderate momentum at the start of the third quarter. Continue reading

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May ADP Employment, ISM Indexes, Auto Sales, April Trade and Construction

Caught Between the Push of Monetary Expansion and the Pull of Fiscal Tightening The ADP Employment Report for May showed a modest increase of 135,000 private sector jobs. The May ISM Manufacturing Survey PMI ticked down to a weak 49.0 … Continue reading

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April U.S. Employment and ISM Non‐Manufacturing, March Intl. Trade

Bullet Dodged as Payrolls Gain, Upward Revisions Help The April Payroll Employment Survey showed a moderate gain of 165,000 jobs, with positive revisions. The Unemployment Rate for February decreased to 7.5 percent, as the household survey gained 293K. Average Weekly … Continue reading

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