Atlas' Monday note covered the most recent employment report. If you did not have a chance to see it or want to reference it, click here. One of the more positive developments to come out of the report was an increase in average hourly earnings. This is an important statistic because it sug
America’s economy continued adding jobs in December 2017 according to the latest data from the Bureau of Labor Statistics (BLS). Employers hired a net 148,000 new workers as the year came to a close. Despite the monthly increase in jobs, the unemployment rate held steady at 4.1 percent as the number of available workers also rose in the period.
Headline figures were mixed on Friday when the Bureau of Labor Statistics (BLS) released their employment report. According to the establishment survey, our economy lost 33,000 jobs to end the third quarter of 2017. However, the household survey estimates the unemployment rate declined to the lowest level since January 2001, 4.2 percent from 4.3 percent in August. The BL
Just before Labor Day Weekend started, the Bureau of Labor Statistics released their latest figures for America's employment situation. Our economy added 156,000 net new jobs in the period, but the prior two months were downwardly revised by a combined 41,000. Despite the increased number of filled positions, the unemployment rate climbed one-tenth of a percentage point to 4.4 percent.
America’s current economic expansion, which started in June 2009, has been perplexing. Our nation’s expansion has been described by some as a “New Normal” after old economic relationships have proven less reliable than before. For instance, our economy’s pace of growth since the end of the Great Recession has been sluggish even though the Feder
America’s jobs market started off strong in the second half of this year. According to the Bureau of Labor Statistics, our nation added 209,000 net new jobs in July 2017. These newly filled positions helped push the country’s unemployment rate down to just 4.3 percent, an improvement of one-tenth percent versus June. Headlines are often deceiving, but even the