The BLS unemployment report shows total nonfarm payroll jobs gained were 148,000 for September 2013, with private payrolls adding 126,000 jobs. Government jobs increased by 22,000. Additionally 20,000 of September's jobs were temporary ones. Overall job growth was barely enough to keep up with the growing population.
The DOL reported people filing for initial unemployment insurance benefits in the week ending on October 12th, 2013 was 358,000, a 15,000 decrease from the previous week of 373,000. The problem is these figures are really out of whack and we have one state to blame, California. We've seen strange soarings in initial claims before yet this was unexpected to occur again.
The DOL reported people filing for initial unemployment insurance benefits in the week ending on October 5th, 2013 was 374,000, a 66,000 increase from the previous week of 308,000. We've seen strange soarings in initial claims before yet this was unexpected, so what happened?
The DOL reported people filing for initial unemployment insurance benefits in the week ending on September 28th, 2013 was 308,000, a 1,000 increase from the previous week of 307,000. Since the monthly unemployment report will not be released due to the shutdown, we show below the correlation of initial unemployment claims to payroll growth.
The BLS unemployment report shows total nonfarm payroll jobs gained were 169,000 for August 2013, with private payrolls adding 152,000 jobs. Government jobs increased by 17,000. Probably the worse news of this report is July was revised down by 58,000 jobs to show only a 104,000 payroll gain and June was also revised down by 16,000 to 172,000 jobs added for that month.
The BLS unemployment report shows total nonfarm payroll jobs gained were 195,000 for June 2013, with private payrolls adding 202,000 jobs. Government jobs declined by 7,000. May was revised up by 20,000 to show a 195,000 payroll gain and April was also revised up by 50,000 to 199,000 jobs added for that month. While this is great news, unfortunately the types of jobs gained are mostly low paying ones.
The BLS unemployment report shows total nonfarm payroll jobs gained were 88,000 for March 2013, with 20,300 of those jobs being temporary. February was revised up by 32,000 to 268,000 jobs gained and January was also revised up by 29,000 to show payrolls gained 148,000 employees for that month.
The December to January BLS employment report is always a strange beast. Yet this year we magically have gained 647,000 jobs which previously did not exist. Below is the difference between the previously reported jobs in December to the payroll tally for January 2013.
The BLS unemployment report shows total nonfarm payroll jobs gained were 155,000 for December 2012. October was revised down by 1,000 to 137,000 job and November was revised up, from 146,000 to 161,000 in employment gained. Many in the press are implying this is a good report when the monthly gain represents the very weak job growth America have been experiencing for the last two years.
The BLS unemployment report shows total nonfarm payroll jobs gained were 146,000 for November 2012. But there is hidden bad news in this report. October payroll gains were revised down, from 171,000 to 138,000. September payrolls were also revised down from 148,000 to 132,000. The below graph shows the monthly change in nonfarm payrolls employment.
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