Tag Archives: employment

2014Q1 GDP, April ADP Jobs, February House prices

As Expected, First Quarter GDP Clunker, Second Quarter Metrics Solid Real Gross Domestic Product growth was barely positive at a 0.1 percent annualized rate. The ADP Employment Report for April showed a solid gain of 220,000 private-sector jobs for the … Continue reading

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Comerica Economic Weekly

True to form, March came in like a lion and went out like a lamb, at least in terms of economic data. Now we get to see whether or not April is in fact the cruelest month. So far, it … Continue reading

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March U.S. Employment

Labor Markets Thawing Out, Positive Feedbacks Are Engaging  U.S. Payroll Employment increased by 192,000 jobs in March. January and February were revised up. The Unemployment Rate for March was unchanged at 6.7 percent, with strong gains in the labor force. … Continue reading

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February Employment, January International Trade

Better-Than-Expected Jobs Data Greenlights Another Fed Taper  The February Payroll Employment Survey showed a better-than-expected gain of 175,000 jobs. The Unemployment Rate for February increased to 6.7 percent with a weak gain in household employment. The U.S. International Trade Gap … Continue reading

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January U.S. Employment

Another Quirky Jobs Report Out of Sync with Other Data, U. Rate Down to 6.6 Percent The January Payroll Employment Survey showed another weaker-than-expected gain of 113,000 jobs. The Unemployment Rate for January fell to 6.6 percent with a surge … Continue reading

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January ADP Employment, ISM Surveys, Auto Sales, December Construction, SLOOS

Moderate Gain in ADP Employment Survey Does Not Raise Expectations for BLS Report The ADP Employment Report for January showed a moderate increase of 175,000 private-sector jobs. The ISM Manufacturing Index for January dipped to a still-positive 51.3 percent. The … Continue reading

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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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