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Category Archives: employment
Employment and GDP Growth
Yesterday’s NYT noted “U.S. Growth and Employment Data Tell Different Stories”:
Measured by traditional yardsticks for growth, like gross domestic product, the American economy definitely looks weak. View it through the prism of hiring and employment, however, and the economy seems surprisingly strong.
Wisconsin Employment Falls in November, Continues to Lag
Governor Walker blames the workers.
Factors in long-term unemployment
The BLS reported on Friday that the U.S. unemployment rate was down to 5% in October and November, its lowest level since 2008.
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Employment in the Recoveries
Despite the depth of the last recession, private nonfarm payroll employment is now higher than the corresponding point in the last recovery.
Today’s Employment News and Asset Prices
Just an observation regarding the impact of the employment “news” (see [CR]) and inferred expectations of a rate hike in December, and the announcement effect on the dollar’s value.
Manufacturing, the Dollar and Implications for Monetary Policy
One of the bits of information in the employment release was a decline in manufacturing employment. When added to declining exports and stagnant manufacturing output growth, the case for near-term monetary policy tightening seems more tenuous to me.
National Employment Powers Along
While Wisconsin lags, and statistically significantly so…
Measuring unemployment
New claims for unemployment insurance this week came in at the lowest level in over 40 years. How much slack can there be left in the labor market?
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Messages from the June State Employment Release
According to today’s release, employment and hours downturns in Wisconsin and Kansas continue. The Wisconsin economic downturn continues along several other dimensions (with the labor force now declining).