February 18, 2019

J:  The US economy posted a new milestone for employment opportunities at the end of 2019. On February 12, the BLS told us that on December 31, 2018, employers of all types all over the country had a record 7,335,000 job openings on a seasonally adjusted basis.

Tha...

June 5, 2018

J:  I really wanted to use the phrase "barn burner" to describe May's employment report, but turns out I've been scooped.  The use of the very colorful term "barnburner" to describe a phenomenally robust increase in employment appeared in a New York Times art...

May 25, 2018

Every month the Bureau of Labor Statistics (BLS) releases a report of the Job Openings and Labor Turnover Survey aka "JOLTS."  It usually comes out a week or so after the widely-followed "Employment Situation" report but because it covers data for the month before that...

March 13, 2018

J:  On March 9 the BLS dropped several bombshells on analysts and economic forecasters.  The first was the totally unexpected news that nonfarm payroll jobs shot up by 313,000 on a seasonally adjusted basis in February from January.  That was the biggest one-month incr...

April 15, 2017

J:  President Reagan used to refer to employment growth in the US as the "Great American Jobs Machine," especially in contrast with the generally weak gains in European employment that occurred at about the same time as the US recovery from the deep recession that ran...

April 9, 2017

A low unemployment rate but not many new jobs. How did that happen?

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