818 downward revision in March 2024 NFP.
Category Archives: employment
Guesses on the Preliminary Benchmark Revision to Nonfarm Payroll Employment
Layoffs and Mass Layoffs in Wisconsin
A few days ago, Eric Hovde spoke about impending mass layoffs. I couldn’t figure out what he was talking about; here’re some indicators for Wisconsin, and for the nation.
MacIver Institute: “The Real Wisconsin Economy”
Michael Lucas comments on July 1st, painting a grim picture of Wisconsin employment. For comparison, here are some other aggregate numbers, including the Philadelphia Fed’s coincident index, released today.
Wisconsin Employment Rises versus Voter Perceptions
From DWD today:
Alternative Employment Measures of NFP
CPS based series adjusted to NFP way below official NFP, early benchmark.
Employment Situation and Business Cycle Indicators
NFP at +206K vs +191K.
What If ADP Is Registering the True Employment Growth Rate?
Then instead of 135224 thousand private employment in April, it would be 135509 thousand.
Wisconsin Employment Situation: May
The DWD released the May preliminary employment numbers on Thursday (h/t James):
How Fast Is Nonfarm Payroll Employment Rising?
With the release of the Philadelphia Fed early benchmark, we have the following 12 month changes in employment (000’s) from different sources: