bls

There Were 1.9 Persons Per Job Opening in October 2014

The BLS JOLTS report, or Job Openings and Labor Turnover Survey shows there are 1.9 official unemployed per job opening for October 2014.  Job openings were around 4.8 million.   Job openings returned to pre-recession levels while hires has increased 33% since June 2009.  In just the private sector job openings have also recovered to precession levels while private hires have increased 40% from their 2009 lows.

Another Positive ADP Employment Report for November 2014

ADP's proprietary private payrolls jobs report shows yet another solid month of strong private sector job gains.  For November, ADP reports a monthly gain of 208,000 private sector jobs.  October's ADP private payroll gains were a revised 203,000.  Small businesses drove the payroll gains.

There Were Two Unemployed Persons Per Job Opening in August 2014

The BLS JOLTS report, or Job Openings and Labor Turnover Survey shows there are 2.0 official unemployed per job opening for August 2014.  Job openings were around 4.8 million with hiring coming in at a lower rate than July.   Job openings returned to precession levels while hires have only increased 27% since June 2009.

ADP Employment Report Shows Healthy Job Gains for September

ADP's proprietary private payrolls jobs report gives us a monthly gain of 213,000 private sector jobs for September 2014.  August's ADP private payroll gains were 202,000.  Manufacturing had the highest job growth by ADP's records since May 2010.  By ADP's survey, this is the sixth consecutive month where their reported private job gains are above 200 thousand.

Jolts Report Shows 2.6 Unemployed Per Job Opening in January 2014

The BLS JOLTS report, or Job Openings and Labor Turnover Survey shows there are 2.6 official unemployed per job opening for January 2014.  Job openings were around four million yet hires and separations are almost equal, keeping the job market fairly static.   Job openings have increased 85% from July 2009, while hires have only increased 24% from the same time period.

ADP Employment Report Shows Job Growth Freezes Over

ADP's proprietary private payrolls jobs report gives us a monthly gain of just 139,000 private sector jobs for February 2014.  January was revised downward significantly, from a solid 175,000 jobs initially reported to just 127 thousand for the month.  Moody's blames the weather for the poor showing, which probably is part of the reason.

ADP Reports 238,000 Private Sector Job Growth for December 2013

ADP's proprietary private payrolls jobs report gives us a monthly gain of 238,000 private sector jobs for December 2013 and November was revised upward to 229 thousand.  This is the strongest growth for the year and might indicate America is finally seeing some real job creation.  This report does not include government, or public jobs.

JOLTS Report Shows Labor Market Static

The BLS JOLTS report, or Job Openings and Labor Turnover Survey shows there are 2.9 official unemployed per job opening for October 2013.  The headlines blare job openings are at the highest level in five years, but that's not the real story as hiring is way below pre-recession levels.   Job openings have increased 80% from July 2009, while hires have only increased 24% from the same time period.

ADP Employment Report Shows 215,000 Private Sector Jobs for November 2013

ADP's proprietary private payrolls jobs report gives us a monthly gain of 215,000 private sector jobs for November 2013.  This is the strongest growth for the year.  The goods sector had the best showing in job growth since early 2012 and the service sector showed the largest job gains for the year.  This report does not include government, or public jobs.

The ADP Employment Report Trick or Treat Surprise is 130,000 Jobs

Happy Halloween!  ADP's proprietary private payrolls jobs report have given us all a fright with a gain of only 130,000 private sector jobs for October 2013.  The scary October surprise continues as ADP revised September's job figures down by 21,000 to 145 thousand jobs.  This report does not include government, or public jobs.

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