BLS Releases July Unemployment: 6.2% Up from 6.1% in June

The U.S. Bureau of Labor Statistics (BLS) released the July Unemployment figures on August 1st. The Seasonally Adjusted Unemployment Rate was 6.2% up from 6.1% in June. The Unadjusted Unemployment rate was also up from 6.3% in June to 6.5% July. Of course the spin-doctors at the BLS said it was “virtually unchanged”.

BLS vs Gallup Unemployment NumbersIn a surprising turn of events, the unadjusted BLS numbers actually agree with the Gallup numbers with the rare occurrence that the BLS numbers are actually higher than the Gallup numbers for the first time in 17 months.

Of course, we shouldn’t get too excited because the “adjusted numbers” are still a bit on the low side and the smoke and mirrors coming out of the BLS have simply shifted to the Employment numbers.

Employment Numbers

According to the commissioner of the Bureau of Labor Statistics monthly report, “Total non-farm payroll employment increased by 209,000 in July, the same as its average monthly gain over the prior 12 months. In July, employment grew in professional and business services, manufacturing, retail trade, and construction.”

So we might begin to wonder if Employment went up, how did unemployment also go up? Of course, the [Continue reading]

Is the Government Fudging Unemployment Numbers?

What is the True Unemployment Rate?

There has been a lot of talk about the validity of the government generated unemployment numbers created by the U.S. Bureau of Labor Statistics (BLS) lately. (And not just by me!)  Every month I tell you that we look at the Employment numbers rather than the Unemployment Rate because they are much more accurate. We’ve looked at Employment vs. Unemployment and we’ve looked at U-6 (total labor force including those who’ve given up looking) vs. U-3 (those who are still actively looking).  The U-3 unemployment rate is the commonly quoted one. But the one problem is that all that data comes from the government. If they are fudging the numbers how would we know? Unless as we’ve noted before there are inconsistencies between the Unemployment and Employment Charts. But finally  [Continue reading]

Wages Flat Since Last Year but Depend Upon Education

Salary by Occupation

Median Salaries Unchanged from Year Ago According to the current Bureau of Labor Statistics (BLS ) news release on weekly earnings for the second quarter of 2014, the median weekly earnings for a full-time worker was $780 virtually unchanged from … [Continue reading]

BLS Releases June Unemployment- 6.1%

The U.S. Bureau of Labor Statistics (BLS) released the June Unemployment figures on July 3rd. The Seasonally Adjusted Unemployment Rate was 6.1% down from 6.3% in May. The Unadjusted Unemployment rate was the exact opposite 6.3% in June and 6.1% May. … [Continue reading]

Unemployment by State and County

May Unemployment Map 2014

Unemployment rates vary drastically by state depending on local conditions and a state's individual legislative policies. As a general rule those states with a "pro-business" stance have lower unemployment rates than those who punish businesses … [Continue reading]

Productivity Down in First Quarter 2014

Productivity Q1 2014

The U.S. Bureau of Labor Statistics (BLS) released its revised estimate of productivity and costs for the first quarter of 2014. According to this report productivity in the "Non-farm" sector fell drastically.  "The decrease in productivity was the … [Continue reading]

Jobs for Extroverts

Extrovert Jobs

While there are several important events you go through in life, school, graduation, marriage and so on, finding an ideal vocation is particularly important. Yet in some cases, people who find that they have an extroverted personality experience … [Continue reading]

Proper Business Attire for Women- Infographic


There is an old saying "the clothes make the man" or in this case the woman.  In the modern culture many women think, "oh, I should be able to be myself" and "they shouldn't judge me by how I dress" and "I just want to be comfortable".  But … [Continue reading]

BLS Releases April Unemployment Rates

BLS vs Gallup Unemployment

The U.S. Bureau of Labor Statistics (BLS) released the unemployment rate information for the month of April. The typically quoted "Seasonally Adjusted U-3" rate fell from 6.7% in March to 6.3% in April. The unadjusted U-3 was even lower at 5.9%. The … [Continue reading]

March Unemployment Update

Employment vs Recessions

The U.S. Bureau of Labor Statistics (BLS) released its monthly report on Friday April 4th for the month of March. In it the adjusted U-3 unemployment rate and the unadjusted U-3 were very similar at 6.7% and 6.8% respectively. In an effort to provide … [Continue reading]