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Job Report in US, May 2016 – The number looks ugly : 38,000 nonfarm payroll employment

The unemployment rate declined by 0.3 percentage point to 4.7 percent in May, and confirm payroll employment changed little (+38,000), the U.S. Bureau of Labor Statistics reported today. Employment increased in health care. Mining continued to lose jobs, and employment in information decreased due to a strike.   Household Survey Data In May, the unemployment rate declined by 0.3 … Continue reading

US Job Market / Employment at All Time High – 2014 will be the best year since 1999

It is possible that 2014 will be the best year since 1999 for both total nonfarm and private sector employment. Also employment has reached another milestone: total employment is now 98,000 above the previous peak, and and at a new all time high in May.   Of course the labor force has continued to increase over … Continue reading

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