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    • January JOLTS; Four Sectors to Watch March 20, 2017
      Sometimes an article is written in this column to clarify what is being reported elsewhere. This month we saw the release of a very strong Jobs Report for the month of February. This past week we saw the release of the Monthly Job Opening and Labor Turnover Survey (JOLTS) report for the month of January. […]
    • February New Construction; Slightly Chilly March 20, 2017
      This past week was a busy week for economic data. The CPI report was released - inflation is approaching 3.0%. Retail Sales information was released. Six sectors had lower sales during February 2017 than they recorded during February 2016.We also saw the release of the February Treasury report, which will be reviewed later this week, […]
    • March 18 Week in Review; Data, Data, Data March 18, 2017
      While the rest of the media was focusing on the latest "outrage"  this column continued to focus on the economy. Some in the press were focusing on the jobs report on Saturday of last week. Some people dug into the participation rate. Some people dug into the sector data.  I bet if the media critics […]
    • People Working Two Part-time Jobs Jumps. March 17, 2017
      The February Jobs Report was remarkable. The seasonal factors used to convert the non-seasonally adjusted (NSA) Current Employment Statistics (CES) Private Sector Worker number to the Report Seasonally Adjusted (SA) CES number was the lowest since 1981. This was the highest level of NSA CES growth for the month of February since February 1999. This […]
    • Should we Celebrate Low First-time Unemployment Claims? March 17, 2017
      Every week the Labor Department record the non-seasonally adjusted (NSA) unemployment claims numbers and reports the seasonally adjusted (SA) claims numbers. The headline number is the SA First-time Unemployment (FTU) claims number. A second number is the SA Continuing Claims(CC) Number.When the authors of the report compare seasonally adjusted data from different seasons and different […]
    • Retail Sales Wake-Up This February March 16, 2017
      There was supposed to be some good news in the February Retail Sales (MARTS) report. The writers  live in the seasonally adjusted world. Reality was that retail sales dropped in six sectors and that two sectors have not returned to February 2007 levels.The February Advance MARTS report indicated that we saw great advances in non-store […]
    • Twelve Sectors Added Jobs during February March 15, 2017
      There are still a few people discussing the February Jobs Report. I doubt that anybody is still analyzing the data. The February Jobs Report was remarkable. The seasonal factors used to convert the non-seasonally adjusted (NSA) Current Employment Statistics (CES) Private Sector Worker number to the Report Seasonally Adjusted (SA) CES number was the lowest […]
    • Inflation Starting to Go off the Charts March 15, 2017
      If you feel that your money isn't going as far as it used to go you are perceiving reality pretty accurately. We had "no inflation" this past July. Now, the twelve month rate of inflation for all items, because we have to by all items, we cannot stop buying food and energy products during the […]
    • The Aging Workforce - Older Workers Boosting Participation March 14, 2017
      There is more than one number in the monthly jobs report and there is more than one way to examine the data. The headline number in the seasonally adjusted (SA) Current Employment Statistics (CES) Private Sector Worker number. Some news resources quote the non-farm payroll (NFP) number that includes government workers. There is the unemployment […]
    • Men Still Struggling to Find Full-time Jobs March 13, 2017
      The 2012 election was the "War on Women" election. The 2016 election was the "Deplorables" versus the "I'm With Her" election. There were quite a few people who were lamenting the plight of the working woman while ignoring the unemployed man. This column has been digging into the data regarding the "Jobs Iceberg" where we […]

 

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