May Employment and Unemployment Numbers

The U.S.Bureau of Labor Statistics (BLS) released the May unemployment numbers today. The BLS Commissioner says: Nonfarm payroll employment increased by 138,000 in May, but these are Seasonally Adjusted numbers. So since typically employment increases in May, what he is saying is that 138,000 more jobs than average were created. In unadjusted terms employment was 145.938 […]

October Unemployment Figures

The U.S. Bureau of Labor Statistics (BLS) released the October Unemployment figures on November 7th. The Seasonally Adjusted Unemployment Rate was 5.8% down from 5.9% in September. The Unadjusted Unemployment rate was also down from 5.7% in September to 5.5% in October but traditionally October has one of the highest employment levels of the year.

Government Shutdown Delays Unemployment Data

Due to the government shutdown the Bureau of Labor Statistics is not publishing the regular Unemployment statistics. The Federal Reserve Bank of Atlanta President, Dennis Lockhart, says that it is fortunate that the FED chose not to begin “tapering” the money stimulus under the circumstances.  “We avoided a potentially very awkward situation of reducing stimulus […]