With Job Openings Falling, Trouble Could Be Coming

Two sets of labor statistics data, released this week, point to a divergence between the job-openings rate and the total number of employees on nonfarm payrolls. And that divergence may well serve as a leading indicator for the…

What’s the Real Unemployment Number?

In January, job creation was anemic, yet unemployment plummeted. What gives? The answer lies in the quirky way the government decides who gets counted as part of the work force, who gets counted as officially unemployed and who…

Another Strong Showing for Private Sector Jobs

Private employers added 187,000 jobs in January, ADP announced Wednesday, 47,000 more then economists had predicted. That marks the fourth straight month of significant job gains — a trend that suggests the U.S. labor market i…

Nevada Unemployment: The Worst Gets Worse

Nevada’s unemployment rate hit a new high in December 2010 — and with home prices continuing to fall, the beleaguered state’s problems are far from over.
Continue reading Nevada Unemployment: The Worst Gets Wo…

Initial Jobless Claims Resume Their Downtrend

The latest jobless claims show how volatile the weekly data can be. The previous week’s seasonally adjusted increase of 28,000 was followed by the latest week’s drop of 17,000 to 421,000, much better than expected. Continuing c…