globaleconomicanalysis.blogspot.com - 5/8/2009
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This morning, the Bureau of Labor Statistics (BLS) released the April Employment Report . Nonfarm payroll employment continued to decline in April (-539,000), and the unemployment rate rose from 8.5 to 8.9 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. ...
econbrowser.com - 5/10/2009
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econbrowser.com —
Revisions are downward (but getting smaller over time),
the growth rate becomes less negative, but hours continue...
to decline rapidly. Figure 1: Nonfarm payroll employment, seasonally adjusted, various releases. NBER defined recession dates ...
(more)
Three Pictures from the April Employment Situation
calculatedriskblog.com - 5/6/2009
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calculatedriskblog.com —
I added a caution with the ADP employment
report this morning: "The ADP employment report hasn't been...
very useful in predicting the BLS numbers ..." Several readers have sent me graphs showing that ADP and BLS employment numbers track pretty well over ...
(more)
ADP and BLS
econompicdata.blogspot.com - 5/8/2009
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econompicdata.blogspot.com —
Unemployment vs. Broader Level Change in Employment by
Age / Sex Change in Non-farm Payroll vs. Birth...
/ Death Additions Source: BLS (Birth / Death) / BLS (Unemployment)
(more)
Unemployment to 8.9%; Broader to 15.8%
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Doin’ Their Part
Bear Mountain Bull —
The gov’t does their part to help their own employment numbers: Mish says : A total of 270,000 goods producing jobs were lost (higher paying jobs), and the service sector was clobbered once again as well. Last month I stated “Government lost 5,000 jobs, a welcome event, but I expect this to change in the months ahead along with various stimulus programs.” Indeed much of the improvement in the jobs report from last month was the addition of 72,000 government jobs. It was nearly a clean sweep again this month with only government, and education and health services jobs the only ...
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