Recall the preliminary benchmark deducted 818K from the March NFP reading.
Category Archives: employment
Different Counts of NFP Gains
All show gains since January 2023, save the CPS based.
Manufacturing in Recession?
Preliminary benchmark revision takes down March employment by 0.9%. Here’s a picture of various series relevant to the manufacturing sector.
The Preliminary Benchmark Revision in Context
818 downward revision in March 2024 NFP.
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.