by Gary S. Morrow | Aug 6, 2021 | Chart of the Day
This morning’s employment report for July showed a 943K increase in total nonfarm payrolls, which was above the Investing.com forecast of 870K jobs added. Total nonfarm payroll employment rose by 943,000 in July, and the unemployment rate declined by 0.5...
by Gary S. Morrow | Jul 2, 2021 | Commentary
The numbers: The U.S. created a robust 850,000 new jobs in June as the economy perked up and companies rushed to add more workers, but at the current pace of hiring it’s likely to take more than a year before employment returns to pre-Covid levels. The increase in...
by Gary S. Morrow | Jul 1, 2021 | Commentary
From WSJ.com: Worker filings for jobless benefits fell to 364,000 last week, reaching a new pandemic low as layoffs continue to recede. The Labor Department said Thursday initial jobless claims in the week ended June 26 fell by a seasonally adjusted 51,000 from the...
by Gary S. Morrow | Jun 4, 2021 | Charts
Just before the shutdown, the February 2020 number(3.5%) was the lowest on record. Oh the damage done. Hat tip Charlie Bilello/@charliebilello
by Gary S. Morrow | Apr 8, 2021 | Chart of the Day
California has the most restrictive lockdown measures in place, and it shows. Hat tip ZeroHedge.com
