Showing posts with label unemployment. Show all posts
Showing posts with label unemployment. Show all posts

Wednesday, April 8, 2015

ADP's March Private Payroll Job Report Weaker Than Expected...



Private employers added 189,000 jobs in March, processor ADP said, the smallest gain since January 2014.

It was well below expectations of a 230,000 read and suggests some downside risk for the Labor Department's March figures, which are expected to show 247,000 jobs added in March.



Wednesday, May 7, 2014

Good News on the Job Front...



US-total-nonfarm-employment-in-millions-Peak_chartbuilder


The United States is just 120,000 jobs away from recovering all losses from the Great Recession!


Wednesday, April 2, 2014

25 Million Small Businesses in U.S. Employ Fewer than 10 Employees


In 2007, the last year for which we have data, 
according to the Census Bureau, there were 21.7 million businesses in the United States with no employees—meaning they were sole proprietorships, or free-lance businesses employing only their owner. 



Of the 6 million remaining businesses in the U.S., more than 3 million had 1 to 4 employees, and 1 million had 5 to 9.

So, all in all, small businesses run by 1 person employing fewer than 10 numbered an astonishing 
25 million.


Friday, August 2, 2013

Unemployment is Much Higher Than It Looks...



The Bureau of Labor Statistics (BLS) puts out several "alternative" measures of unemployment. 

One of them, the so-called U6 Gauge, adds to ordinary unemployment those who are discouraged, part-time workers who want full-time jobs and those who are "marginally-attached" to the workforce.
As the chart above shows, The Real Rate of Unemployment is about 14.3% — nearly two-thirds higher than when the recession began in December 2007.