By request, here is another update of tracking employment during Presidential terms. We frequently use Presidential terms as time markers – we could use Speaker of the House, Fed Chair, or any other marker. NOTE: Several readers have asked if I could add a lag to these graphs (obviously a new President has zero...
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Here is another update of tracking employment during Presidential terms. We frequently use Presidential terms as time markers – we could use Speaker of the House, or any other marker. NOTE: Several readers have asked if I could add a lag to these graphs (obviously a new President has zero impact on employment for...
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Earlier:, my March Employment Preview: Mixed Signals and Goldman: March Employment Preview Friday:• At 8:30 AM ET, Employment Report for March. The consensus is for an increase of 178,000 non-farm payroll jobs added in March, down from the 235,000 non-farm payroll jobs added in February. The consensus is for the unemployment rate to be...
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By request, here is another update of an earlier post through the October 2016 employment report including all revisions. NOTE: Several readers have asked if I could add a lag to these graphs (obviously a new President has zero impact on employment for the month they are elected). But that would open a debate...
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Friday:• At 8:30 AM ET, Employment Report for August. The consensus is for an increase of 175,000 non-farm payroll jobs added in August, down from the 255,000 non-farm payroll jobs added in July. The consensus is for the unemployment rate to decrease to 4.8%. • Also at 8:30 AM, Trade Balance report for July...
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By request, here is another update of an earlier post through the July 2016 employment report including all revisions. NOTE: Several readers have asked if I could add a lag to these graphs (obviously a new President has zero impact on employment for the month they are elected). But that would open a debate...
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Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 265 thousand initial claims, up from 254 thousand the previous week. • Also at 8:30 AM, The Producer Price Index for June from the BLS. The consensus is for a 0.3% increase in prices, and a...
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Earlier my employment preview (I took the under) and Goldman’s NFP forecast (Goldman took the over). Friday:• At 8:30 AM ET, Employment Report for June. The consensus is for an increase of 180,000 non-farm payroll jobs added in June, up from the 38,000 non-farm payroll jobs added in May. The consensus is for the unemployment rate...
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By request, here is another update of an earlier post through the April 2016 employment report including all revisions. NOTE: Several readers have asked if I could add a lag to these graphs (obviously a new President has zero impact on employment for the month they are elected). But that would open a debate...
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From the BLS: Total nonfarm payroll employment increased by 211,000 in November, and the unemployment rate was unchanged at 5.0 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in construction, professional and technical services, and health care. Mining and information lost jobs. … The change in total nonfarm payroll employment...
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