Great Employment Report

Discussion in 'Economics' started by Tsing Tao, Apr 1, 2016.

  1. Tsing Tao

    Tsing Tao

    Or something...now, can I take your order, sir?

    [​IMG]
     
  2. I don't even believe the reported number of bartenders and waitresses...
     
    m1nt likes this.
  3. Handle123

    Handle123

    So it is true, McDonalds breakfast menu all day long has made a good impact on wait staff, I do like their pancakes and sausage, of course the sausage is type where you can burp it up six hours later, LOL IT must be FRIDAYYYYYY. LOL Red line is Obama's approval line too?
     
  4. trilogic

    trilogic

    Source ? Thanks
     
  5. BLS:
    Employment Situation Summary


    Total nonfarm payroll employment rose by 215,000 in March. Employment gains
    occurred in retail trade, construction, and health care, while job losses
    occurred in manufacturing and mining. (See table B-1.)

    Retail trade added 48,000 jobs in March. Employment gains occurred in general
    merchandise stores (+12,000), health and personal care stores (+10,000), building
    material and garden supply stores (+10,000), and automobile dealers (+5,000).
    Over the past 12 months, retail trade has added 378,000 jobs.

    Construction employment rose by 37,000 in March. Job gains occurred among
    residential specialty trade contractors (+12,000) and in heavy and civil
    engineering construction (+11,000). Over the year, construction has added
    301,000 jobs.

    Employment in health care increased by 37,000 over the month, about in line with
    the average monthly gain over the prior 12 months. In March, employment rose
    in ambulatory health care services (+27,000) and hospitals (+10,000). Over the
    year, health care employment has increased by 503,000.

    Over the month, employment continued to trend up in food services and drinking
    places (+25,000) and in financial activities (+15,000).

    In March, employment in professional and business services changed little for the
    third month in a row. In 2015, the industry added an average of 52,000 jobs per
    month.

    Employment in manufacturing declined by 29,000 in March. Most of the job losses
    occurred in durable goods industries (-24,000), including machinery (-7,000),
    primary metals (-3,000), and semiconductors and electronic components (-3,000).

    Mining employment continued to decline in March (-12,000) with losses concentrated
    in support activities for mining (-10,000). Since reaching a peak in September 2014,
    employment in mining has decreased by 185,000.

    Employment in other major industries, including wholesale trade, transportation
    and warehousing, information, and government, changed little over the month.

    The average workweek for all employees on private nonfarm payrolls was unchanged
    at 34.4 hours in March. The manufacturing workweek edged down by 0.1 hour to 40.6
    hours. Factory overtime was 3.3 hours for the fourth month in a row. The average
    workweek for production and nonsupervisory employees on private nonfarm payrolls
    was unchanged at 33.6 hours. (See tables B-2 and B-7.)

    In March, average hourly earnings for all employees on private nonfarm payrolls
    increased by 7 cents to $25.43, following a 2-cent decline in February. Over the
    year, average hourly earnings have risen by 2.3 percent. In March, average hourly
    earnings of private-sector production and nonsupervisory employees increased by
    4 cents to $21.37. (See tables B-3 and B-8.)

    The change in total nonfarm payroll employment for January was revised from
    +172,000 to +168,000, and the change for February was revised from +242,000 to
    +245,000. With these revisions, employment gains in January and February
    combined were 1,000 less than previously reported. Over the past 3 months, job
    gains have averaged 209,000 per month.

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    How to destroy a normal mind:

     
  6. trilogic

    trilogic



    Thanks for the info...
     
  7. It was interesting to read about employment situation.
     
    Last edited by a moderator: Apr 1, 2016
  8. [​IMG]
     
  9. Vertex

    Vertex

    There is a section a bit further down for political fights.
     
  10. Arnie

    Arnie

    My two big takeaways were a rise in unemployment from 4.9 to 5, exactly what you would expect with an improving labor market as more people re-enter the market, and a rise in avg hourly earnings.

    Try as Obama has, he just can't keep us down :)
     
    #10     Apr 4, 2016