Tell-Tale Stat: U.S. Underemployment Rate Rose to 17.1% in September
Filed under: Forecasts, Economic DataThe tell-tale stat for investors in the September job report released by the U.S. Department of Labor? The underemployment rate, technically known as U-6, which increased to 17.1% from 16.7% in August.
U-6 measure...
Initial Jobless Claims Fall Slightly
Filed under: Economic DataStock futures inched higher ahead of the opening bell after the Labor Department reported weekly dropped by 11,000 last week to 445,000. While this was better than expectations that called for a slight increase, the total amou...
U.S. Lost Fewer Jobs Than Expected in August
Filed under: Employees, Economic DataThe U.S. lost fewer jobs than expected in August. Here are the key stats, as reported in the New York Times:
The economy lost another 54,000 jobs last month.
Private companies added 67,000 jobs.
The une...
Jobless Claims Jump to Nine-Month High
Filed under: Economic Data, RecessionInvestors are digesting a bit of bad news concerning the economy, as initial applications for unemployment insurance increased to 500,000 during the past week.
The 12,000-claim rise suggests that the economy is slow...
U.S. Job Market: Are Rays of Light Starting to Appear?
Filed under: Employees, Economic DataJuly's U.S. nonfarm payroll report by the U.S. Labor Department, commonly known as the monthly jobs report, was hardly something to write home about: an increase of 71,000 private sector jobs, after subtracting gove...
Chart of the Week: July Nonfarm Payrolls
Any week the employment report is on the schedule, the big story is likely to be the nonfarm payrolls and this week was no exception. While the census employment cycle has lately skewed the headline number, the private payroll data, hours worked and a...
Under the radar: Some trends are obvious enough and visible to all investors. Others are more-subtle, but are just as potent, and these often slip 'under the radar.'A Sight Investors Would Love: Above-Trend Job Growth
Filed under: Employees, Recession
That the job creation task ahead for policy makers and executives alike is significant would be an understatement. The task is, arguably, as great as any economic endeavor since the restructuring of the U.S. economy for armaments production during the mobilization...Survey: Economic Recovery to Drag Through 2011
Filed under: Economic Data, Recession
According to an Associated Press survey of leading economists, jobs and home values will stay unstable into 2011. The survey indicates that the recovery is going to continue trudging along through the year, which should prompt...
Chart of the Week: Updated Nonfarm Payrolls and Unemployment Rate
Any week that the employment report is released, that data is automatically in the running for the chart of the week. Given that the Bureau of Labor Statistics corrected some of the historical data series and stocks rallied sharply off of the not-as-ba...
