June’s jobs gains, released this morning, show that 287,000 new jobs were added in June, an impressive rebound after only 11,000 new jobs were added in May (revised down from from 38,000 at the time of the release).
http://www.brookings.edu/blogs/jobs/posts/2016/07/08-employment-in-june-appears-to-rebound-after-disappointing-performance-in-may-wright
Showing posts with label Jonathan Wright. Show all posts
Showing posts with label Jonathan Wright. Show all posts
Friday, 8 July 2016
Saturday, 2 April 2016
However you look at it, March 2016 was another strong month for job growth (Jonathan Wright, Brookings)
March’s jobs gains, released this morning, mark 66 straight months of significant positive jobs growth in the U.S., with nearly three times as many jobs added in March 2016 compared to March 2015. Each month, many thousands of workers across the U.S. lose their jobs, while others find themselves newly employed. The net number of jobs created or lost in all this activity is an important indicator of the nation’s economic health. But the raw number of jobs created or lost from one month to the next doesn’t say much about the underlying economy. Rather, many of these month-to-month changes are the result of predictable seasonal fluctuations. For example, the fact that the last ten Januarys witnessed the economy shedding over 2.5 million jobs simply reflects the fact that retailers slow down after the holidays and says nothing about broader economic performance.
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Jonathan Wright. Johns Hopkins University
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Jonathan Wright. Johns Hopkins University
Saturday, 5 March 2016
Economy “officially” adds 242,000 jobs in February, 261,000 using an alternative measure (Jonathan Wright, Brookings)
February’s jobs gains, released this morning, mark 65 straight months of (significant) positive jobs growth in the U.S. (going back to October of 2010). Each month, many thousands of workers across the U.S. lose their jobs, while others find themselves newly employed. The net number of jobs created or lost in all this activity is an important indicator of the nation’s economic health. But the raw number of jobs created or lost from one month to the next doesn’t say much about the underlying economy. Rather, many of these month-to-month changes are the result of predictable seasonal fluctuations. For example, the fact that the last ten Januarys witnessed the economy shedding over 2.5 million jobs is simply retailers slowing down after the holidays and says nothing about broader economic performance.
http://www.brookings.edu/blogs/jobs/posts/2016/03/04-economy-adds-less-february-jobs-using-alternative-measure-wright
http://www.brookings.edu/blogs/jobs/posts/2016/03/04-economy-adds-less-february-jobs-using-alternative-measure-wright
Tuesday, 9 February 2016
Alternative seasonal and weather adjustments may shed some light on mixed January jobs report (Jonathan Wright, Brookings)
Each month, many thousands of workers across the U.S. lose their jobs, while others find themselves newly employed. The net number of jobs created or lost in all this activity is an important indicator of the nation’s economic health. But the raw number of jobs created or lost from one month to the next doesn’t say much about the underlying economy. Rather, many of these month-to-month changes are the result of predictable seasonal fluctuations. For example, the fact that the last ten Januarys witnessed the economy shedding over 2.5 million jobs is simply retailers slowing down after the holidays and says nothing about broader economic performance.
http://www.brookings.edu/blogs/jobs/posts/2016/02/08-alternative-seasonal-weather-adjustments-january-jobs-wright
http://www.brookings.edu/blogs/jobs/posts/2016/02/08-alternative-seasonal-weather-adjustments-january-jobs-wright
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