jobs

ADP Employment Report Shows 198,000 Jobs for February 2013

ADP's proprietary private payrolls jobs report shows a gained of 198,000 private sector jobs for February 2013.  ADP January's reported 192,000 job gains were significantly revised upward by 23,000 to 215 thousand.  Trade, transportation and utilities was the big winner with 43,000 private sector jobs gained  This report does not include government, or public jobs.

 

Payrolls Tread Water Once Again in December 2012

The BLS unemployment report shows total nonfarm payroll jobs gained were 155,000 for December 2012. October was revised down by 1,000 to 137,000 job and November was revised up, from 146,000 to 161,000 in employment gained. Many in the press are implying this is a good report when the monthly gain represents the very weak job growth America have been experiencing for the last two years.

 

America's Payrolls add 146,000 Jobs for November 2012

The BLS unemployment report shows total nonfarm payroll jobs gained were 146,000 for November 2012. But there is hidden bad news in this report. October payroll gains were revised down, from 171,000 to 138,000. September payrolls were also revised down from 148,000 to 132,000. The below graph shows the monthly change in nonfarm payrolls employment.

 

The Details of the October 2012 Employment Report Show Payrolls Paint Not Such a Rosy Picture

The BLS unemployment report shows total nonfarm payroll jobs gained were 171,000 for October 2012. September payrolls were revised from 114,000 to 148,000 and August was also revised upward, from 142,000 to 192,000. The below graph shows the monthly change in nonfarm payrolls employment.

 

A Look at September's Payrolls from the Employment Report

The BLS unemployment report shows total nonfarm payroll jobs gained were 114,000 for September 2012 and the unemployment rate dropped to an artificial 7.8%. Some better news was August's payrolls were revised up by 40,000 jobs to 181,000 and July was also revised up by 46,000 jobs to show a gain of 142,000 in nonfarm payrolls. The below graph shows the monthly change in nonfarm payrolls employment.

 

ADP Employment Report Shows 162,000 Private Sector Jobs for September 2012

ADP, released their proprietary private payrolls jobs report for September 2012. This month ADP is reporting a gain of 162,000 private sector jobs. August 2012 was revised down by 12,000 to 189,000 private payrolls gains. In stark contrast, the BLS reported 103,000 private sector jobs for August 2012.

ADP Employment Report - 201,000 Private Sector Jobs for August 2012

ADP, released their proprietary private payrolls jobs report for August 2012. This month ADP is reporting a gain of 201,000 private sector jobs. July 2012 was revised up by 10,000 to 173,000 private payrolls gains. In contrast, the BLS reported 163,000 private sector jobs for July 2012.

Displaced Worker Report Shows Not Enough People Are Landing New Jobs

The BLS released their displaced workers survey and the results paint a dark and foreboding picture for the American worker. Of the people who lost their jobs through offshore outsourcing, plant closures, business failures and layoffs during 2009-2011, by January 2012 only 56% of them had gotten another job. These are people who held the job they lost three years or longer and there were a whopping 6.12 million people in this category.

What's more disturbing, as if that's not enough, is the age breakdown of displaced workers who were in a job three years or longer. While the job losses seem reasonably evenly distributed, those finding other jobs appear not to be, as shown in the below four pie charts.

displacedworkersage

Jobs Report Show 163,000 Jobs, Unemployment Rate of 8.3%

The July 2012 BLS unemployment report shows total nonfarm payroll jobs gained were 163,000. Don't get too excited, while above expectations this is still a mediocre report. June's payrolls were revised down, from 80,000 to 64,000. May's payrolls were revised up, from 77,000 to 87,000. The below graph shows the monthly change in nonfarm payrolls employment.

 

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