Why Aren’t Unemployment Claims Rising More Rapidly?
I’m running around this morning, so more in depth posts will have to wait until later. Meanwhile, this article is rather...
BLS Overstated Job Creation by 14.38% in 2007
For those of you who have been wondering, here is the data on the 2007 Benchmark Revision. The good news is when looking at the total...
U.S. payrolls: Negative 17,000 + Huge Downward Revisions for 2007
BLS data on Nonfarm payrolls is out, and its fugly: NFP fell 17,000 in January — the first decline since August 2003 (-42,000)....
Overstated Job Growth & the Annual Establishment Survey...
Tomorrow, we find out just how much the B/D adjustment overstated true job creation in 2007. Every year, the Annual CES benchmark...
Merrill: Recession is already here
Telegraph: The US has entered its first full-blown economic recession in 16 years, according to investment bank Merrill Lynch. Merrill,...
NFP = 18,000
Wow, that’s a pretty ugly chart above. Here are the details, via BLS: "The unemployment rate rose to 5.0 percent in December,...
NFP December 2007
Once more unto the breach . . . This morning is the "all-important" December 2007 Non-Farm Payroll reports. Bloomberg’s...
NFP = 94,000
source: BLS > BLS data has hit the tape, and its a bit of a yawner. As I write this, Dow and S&P are marginally in the...
NFP Preview: Bringing back the Under
A quick comment before dashing off — lots of good stuff queued up today, so get ready. I no longer bother with the Over/Under bet...