Tag Archives: unemployment

July U.S. Employment

Payrolls Up 215,000, Looks like “Some” July Payroll Employment increased by 215,000 jobs. May and June payrolls were revised up by 14,000 jobs. The Unemployment Rate for July was unchanged at 5.3 percent. Average Weekly Hours edged up to 34.6 … Continue reading

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From the Desk of Robert Dye

Weekly Unemployment Insurance Claims Increase, but Still Look Very Good Labor market metrics continue to look good. Today’s data release of initial claims for unemployment insurance shows an increase of 7,000 initial claims for the week ending May 23, to … Continue reading

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April Leading Indicators, Existing Home Sales, May UI Claims, Fedspeak

Indicators Show Rebound After Weak Q1, Fed Rules Out June Lift-Off The Conference Board’s Leading Economic Index for April increased by 0.7 percent. Existing Home Sales for April declined by 3.3 percent to a 5.04 million unit annual rate. Initial … Continue reading

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February International Trade, March Auto Sales and UI Claims

Trade Gap Narrows, Autos Sales Jump, Claims Fall, Life is Good The U.S. International Trade Gap narrowed to -$35.4 billion in February. Light Vehicle Sales accelerated to a 17.2 million unit annual rate in March. Initial Claims for Unemployment Insurance … Continue reading

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February Retail Sales, January Inventories, March UI Claims

Sales Disappoint Again, Weather Blamed, Gasoline Prices Up February Retail Sales fell by 0.6 percent; down for the third consecutive month. Ex-auto Retail Sales decreased by 0.1 percent even as gasoline sales increased. Business Inventories for January were unchanged for … Continue reading

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2014Q4 GDP, January UI Claims

Fourth Quarter Real GDP Growth Eased to 2.6 Percent Real Gross Domestic Product growth for 2014Q4 eased to 2.6 percent after 5 percent growth in Q3. Inventories were stronger than expected, setting the stage for weaker gains in 2015Q1. Real … 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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February U.S. Employment

                                         Solid Hiring is the Antidote to Fiscal Tightening The February Payroll Employment Survey showed a solid gain of 236,000 jobs, beating expectations. The Unemployment Rate for February decreased to 7.7 percent, the lowest since December 2008. Average Weekly Hours … Continue reading

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January U.S. Employment, ISM Manufacturing Index, Dec. Construction

Limping Into 2013 as Fiscal Headwinds Increase The January Payroll Employment Survey showed a gain of 157,000 jobs, a bit below expectations. The Unemployment Rate for January increased to 7.9 percent, essentially unchanged for 5 months. Average Weekly Hours were … Continue reading

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September U.S. Employment

Unemployment Rate Falls to 7.8 Percent in a Jobs Data Disconnect Continue reading

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