• Jobenomics August 2017 Employment Report Analysis

    Executive Summary. The two primary sources for U.S. labor force data are the monthly U.S. Bureau of Labor Statistics (BLS) Employment Situation Summary, a monthly summary of all U.S. government and private sector employment, and the ADP National Employment Report, a monthly survey of employment by 400,000 U.S. private sector businesses by the ADP Research Institute in collaboration with Moody’s Analytics.  For August 2017, the BLS reported that total nonfarm payroll employment increased by only 156,000 in August, which is ...
  • Jobenomics July 2017 Employment Report Analysis

    Executive Summary. The two primary sources for U.S. labor force data are the monthly U.S. Bureau of Labor Statistics (BLS) Employment Situation Summary, a monthly summary of all U.S. government and private sector employment, and the ADP National Employment Report, a monthly survey of employment by 400,000 U.S. private sector businesses by the ADP Research Institute in collaboration with Moody’s Analytics. Jobenomics Analysis of the BLS Employment Situation Summary Report.  To get a strategic perspective of the state of the ...
  • Q2 2017 GDP Growth 2.6%

    Real gross domestic product (GDP) increased at an annual rate of 2.6% in the second quarter of 2017 (Q2 2017) according to the “advance” estimate released by the U.S. Bureau of Economic Analysis on 28 July 2017.   2.6% is a positive sign for the U.S. economy and a potential pivot point for President Trump’s bold plan to grow GDP to an annual rate of 4%, create 25 million new jobs and get the “American economy back on track”.  To ...
  • Jobenomics Analysis of June 2017 U.S. Employment Reports

    Executive Summary: The two primary sources for U.S. labor force data are the monthly U.S. Bureau of Labor Statistics (BLS) Employment Situation Summary, a monthly summary of all U.S. government and private sector employment, and the ADP National Employment Report, a monthly survey of employment by 400,000 U.S. private sector businesses by the ADP Research Institute in collaboration with Moody’s Analytics. Recent U.S. Labor Force Gains and Losses (BLS Data) In regard to the working population, the BLS Employment Situation ...
  • Analysis of May 2017 U.S. Employment Reports

    Executive Summary:  May’s employment reports painted a mixed picture for the Trump Administration.   The U.S. Bureau of Labor Statistics (BLS) Employment Situation Summary stated in May 2017 the United States produced a total of 138,000 new jobs—a number well below the 250,000 new job standard advocated by most economists.  However, the ADP National Employment Report summary reported that the U.S. private sector created 253,000 new jobs of which 77.5% were generated by American small businesses.    In regard to the ...
  • Jobenomics U.S. Employment Analysis: 5 May 2017

    Executive Summary:  The U.S. Bureau of Labor Statistics (BLS) Employment Situation Summary stated that in April 2017 the United States produced 211,000 new jobs.  The ADP National Employment Report summary reported 177,000 new jobs.  Both numbers are below the 250,000 monthly new job threshold set by most economists.  In regard to unemployment situation, the BLS reported 146,000 less people “officially unemployed”, which was offset by 162,000 voluntary departures from the labor force to alternative lifestyles or public assistance.  Last month’s ...
  • Jobenomics U.S. Employment Analysis: 15 April 2017

    Jobenomics U.S. Employment Analysis: 15 April 2017 The two primary sources for U.S. labor force data are the monthly U.S. Bureau of Labor Statistics (BLS) Employment Situation Summary, a monthly summary of all U.S. government and private sector employment, and the ADP National Employment Report, a monthly survey of employment by 400,000 U.S. private sector businesses by the ADP Research Institute in collaboration with Moody’s Analytics.  The BLS’ March Situation Summary reported a disappointing 98,000 new jobs, which was less ...
  • Lawyer at Labor’s Helm

    President Trump’s New Economy Challenge (Part 14 of 20).   One might think that the U.S. Department of Labor (DoL) main purpose would be a forward-looking organization that positions the U.S. labor force for major disruptive trends like the emerging digital economy, the contingent workforce and the massive exodus of able-bodied workers.  Unfortunately, the opposite seems to be the case.  By its own admission, the DoL “fosters and promotes the welfare” of the America’s 140 million workers and enforces several hundred ...
  • Stock Markets and The Fed

    Download PDF Version: Stock Market and The Fed 1 July 2013 1 July 2013 US stock market performance has been phenomenal since the depths of the Great Recession.  Since March 2009, all three major US indices (Dow Jones, S&P 500 and NASDAQ) have experienced a 4 ½ year bull market as shown below—up as high as 163%. The big questions facing economists, policy-makers, opinion-leaders and investors are whether (1) this bull market will continue, (2) can the stock markets operate ...