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Civilian Workers: Compensation costs for civilian workers increased 2.2 percent for the 12-month period ending September 2014. In September 2013, the increase in compensation costs was 1.9 percent. Wages and salaries increased 2.1 percent for the 12-month period ending September 2014, compared with 1.6 percent in September 2013. Benefit costs increased 2.4 percent for the 12-month period ending September 2014, compared with a 2.2 percent increase for the 12-month period ending September 2013.  State and Local Government Workers: Compensation costs for state and local government workers increased 2.1 percent for the 12-month period ending September 2014, compared with 1.7 percent for September 2013. Wages and salaries increased 1.6 percent for the 12-month period ending September 2014, compared with 0.9 percent in September 2013. Benefit costs increased 3.0 percent in September 2014. In September 2013, the increase was 2.9 percent. Click on table/chart to enlarge Please visit this link to read the full report: LinkToArticle NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
31 October 2014
• U.S. Employment Cost Index – Q3 2014
30 October 2014
• U.S. Gross Domestic Product – Q3 2014
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Real gross domestic product -- the value of the production of goods and services in the United States, adjusted for price changes -- increased at an annual rate of 3.5 percent in the third quarter of 2014, according to the "advance" estimate. In the second quarter, real GDP increased 4.6 percent. The increase in real GDP in the third quarter primarily reflected positive contributions from personal consumption expenditures (PCE), exports, nonresidential fixed investment, federal government spending, and state and local government spending that were partly offset by a negative contribution from private inventory investment. Imports, which are a subtraction in the calculation of GDP, decreased. Please visit this link to read the full report: LinkToArticle NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
• U.S. Initial Unemployment Claims – 25 October 2014
In the week ending October 25, the advance figure for seasonally adjusted initial claims was 287,000, an increase of
3,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 283,000 to
284,000.
 The advance seasonally adjusted insured unemployment rate was 1.8 percent for the week ending October 18, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending October 18 was 2,384,000, an increase of 29,000 from the previous week's revised level. The highest insured unemployment rates in the week ending October 11 were in Puerto Rico (3.5), Alaska (3.0), Virgin Islands (2.9), New Jersey (2.7), Connecticut (2.3), California (2.2), Nevada (2.2), Pennsylvania (2.1), Massachusetts (2.0), and Illinois (1.9). The largest increases in initial claims for the week ending October 18 were in California (+2,754), Michigan (+1,609), Tennessee (+204), Ohio (+169), and Vermont (+53), while the largest decreases were in Pennsylvania (-3,459), New York (-2,965), Texas (-1,720), Florida (-1,444), and Georgia (-1,363). Note: “Insured unemployment rate” refers to individuals who are unemployed and receiving UC benefits. See the complete report at this link: USDOL-BLS NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
29 October 2014
• Metropolitan Area Employment and Unemployment - September 2014
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Unemployment rates were lower in September than a year earlier in 339 of the 372 metropolitan areas, higher in 26 areas, and unchanged in 7 areas. Six areas had jobless rates of at least 10.0 percent and 118 areas had rates of less than 5.0 percent. Employment: Nonfarm payroll employment increased over the year in 314 metropolitan areas, decreased in 53 areas, and was unchanged in 5 areas.  Please visit this link to read the full report: LinkToArticle NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
27 October 2014
• Medicare Open Enrollment Now Available
 "If you're on Medicare and are thinking about making changes to your health plan, the clock is ticking: Open enrollment for Medicare runs until Dec. 7. Any changes will take effect in January. "'Open enrollment is the best time to make sure your health and drug plans still meet your individual needs, especially if you've had any changes in your health,' said Bob Moos, spokesman for the Centers for Medicare & Medicaid Services...." Please visit this link to read the full report: LinkToArticle NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
24 October 2014
• Usual Weekly Earnings of U.S. Wage and Salary Workers - Q3 2014
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Median weekly earnings of the nation's 107.9 million full-time wage and salary workers were $790 in the third quarter of 2014 (not seasonally adjusted). This was 2.5 percent higher than a year earlier,compared with a gain of 1.8 percent in the Consumer Price Index for All Urban Consumers (CPI-U) over the same period. Highlights from the third-quarter data are: • Median weekly earnings were $790 in the third quarter of 2014. Women who usually worked full time had median weekly earnings of $715, or 82.2 percent of the $870 median for men. • The women's-to-men's earnings ratio varied by race and ethnicity. White women earned 81.8 percent as much as their male counterparts, compared with black (89.5 percent), Asian (73.1 percent), and Hispanic women (89.6 percent).  • Usual weekly earnings of full-time workers varied by age. Among men, those age 55 to 64 had the highest median weekly earnings, at $1,053. Usual weekly earnings were highest for women age 35 to 64: weekly earnings were $784 for women age 35 to 44, $772 for women age 45 to 54, and $787 for women age 55 to 64. Workers age 16 to 24 had the lowest median weekly earnings, at $480. • Among the major occupational groups, persons employed full time in management, professional, and related occupations had the highest median weekly earnings-- $1,326 for men and $980 for women. Men and women employed in service jobs had much lower earnings, $585 and $467, respectively. • By educational attainment, full-time workers age 25 and over without a high school diploma had median weekly earnings of $488, compared with $681 for high school graduates (no college) and $1,170 for those holding at least a bachelor's degree. Among college graduates with advanced degrees (professional or master's degree and above), the highest earning 10 percent of male workers made $3,439 or more per week, compared with $2,293 or more for their female counterparts. • Seasonally adjusted median weekly earnings were $797 in the third quarter of 2014, up from the previous quarter ($782). Please visit this link to read the full report: LinkToArticle NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
23 October 2014
• IRS Announces 2015 Pension Plan Limitations; Taxpayers May Contribute Up to $18,000 to Their 401(k) Plans in 2015
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The Internal Revenue Service has announced cost of living adjustments affecting dollar limitations for pension plans and other retirement-related items for tax year 2015. Many of the pension plan limitations will change for 2015 because the increase in the cost-of-living index met the statutory thresholds that trigger their adjustment. However, other limitations will remain unchanged because the increase in the index did not meet the statutory thresholds that trigger their adjustment. Highlights include the following: • The elective deferral (contribution) limit for employees who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan is increased from $17,500 to $18,000. • The catch-up contribution limit for employees aged 50 and over who participate in 401(k), 403(b), most 457 plans, and the federal government’s Thrift Savings Plan is increased from $5,500 to $6,000. • The limit on annual contributions to an Individual Retirement Arrangement (IRA) remains unchanged at $5,500. The additional catch-up contribution limit for individuals aged 50 and over is not subject to an annual cost-of-living adjustment and remains $1,000. • The deduction for taxpayers making contributions to a traditional IRA is phased out for singles and heads of household who are covered by a workplace retirement plan and have modified adjusted gross incomes (AGI) between $61,000 and $71,000, up from $60,000 and $70,000 in 2014. For married couples filing jointly, in which the spouse who makes the IRA contribution is covered by a workplace retirement plan, the income phase-out range is $98,000 to $118,000, up from $96,000 to $116,000. For an IRA contributor who is not covered by a workplace retirement plan and is married to someone who is covered, the deduction is phased out if the couple’s income is between $183,000 and $193,000, up from $181,000 and $191,000. For a married individual filing a separate return who is covered by a workplace retirement plan, the phase-out range is not subject to an annual cost-of-living adjustment and remains $0 to $10,000. • The AGI phase-out range for taxpayers making contributions to a Roth IRA is $183,000 to $193,000 for married couples filing jointly, up from $181,000 to $191,000 in 2014. For singles and heads of household, the income phase-out range is $116,000 to $131,000, up from $114,000 to $129,000. For a married individual filing a separate return, the phase-out range is not subject to an annual cost-of-living adjustment and remains $0 to $10,000. • The AGI limit for the saver’s credit (also known as the retirement savings contribution credit) for low- and moderate-income workers is $61,000 for married couples filing jointly, up from $60,000 in 2014; $45,750 for heads of household, up from $45,000; and $30,500 for married individuals filing separately and for singles, up from $30,000. News Release IR-2014-99 has further details on both the adjusted and unchanged limitations. The IRS will eventually update this link so the full report will be available: LinkToArticle NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
• U.S. Initial Unemployment Claims – 18 October 2014
In the week ending October 18, the advance figure for seasonally adjusted initial claims was 283,000, an increase of
17,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 264,000 to
266,000.  The advance seasonally adjusted insured unemployment rate was 1.8 percent for the week ending October 11, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending October 11 was 2,351,000, a decrease of 38,000 from the previous week's unrevised level of 2,389,000. The highest insured unemployment rates in the week ending October 4 were in Puerto Rico (3.2), Alaska (2.8), New Jersey (2.7), Virgin Islands (2.7), California (2.3), Connecticut (2.3), Nevada (2.2), Massachusetts (2.1), Pennsylvania (2.1), and Rhode Island. The largest increases in initial claims for the week ending October 11 were in Pennsylvania (+4,013), Michigan (+3,210), Texas (+1,615), Washington (+1,064), and Maryland (+945), while the largest decreases were in Iowa (-1,229), Florida (-781), New York (-600), Oregon (-407), and Ohio (-394). Note: “Insured unemployment rate” refers to individuals who are unemployed and receiving UC benefits. See the complete report at this link: USDOL-BLS NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
• U.S. CPI vs. PPI
 Click on table/chart to enlarge NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
22 October 2014
• U.S. Medicare Changes for 2015
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Part B premium: Most people pay $104.90 each month.(This amount won't change in 2015.) Part B deductible: $147 per year. (This amount won't change in 2015.) Part A premium: Most people don't pay a monthly premium for Part A. If you buy Part A, you'll pay up to $426 each month. (Reduced to $407 in 2015.) Part A hospital inpatient deductible: You pay: • $1,216 deductible for each benefit period ($1,260 in 2015) • $Days 1-60: $0 coinsurance for each benefit period ($0 in 2015) • $Days 61-90: $304 coinsurance per day of each benefit period ($315 in 2015) • $Days 91 and beyond: $608 coinsurance per each "lifetime reserve day" after day 90 for each benefit period (up to 60 days over your lifetime) ($630 in 2015) • $Beyond lifetime reserve days: all costs Please visit this link to read the full report: LinkToArticle NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
• Social Security Announces 1.7 Percent Benefit Increase for 2015
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Monthly Social Security and Supplemental Security Income (SSI) benefits for nearly 64 million Americans will increase 1.7 percent in 2015, the Social Security Administration announced today. The 1.7 percent cost-of-living adjustment (COLA) will begin with benefits that more than 58 million Social Security beneficiaries receive in January 2015. Increased payments to more than 8 million SSI beneficiaries will begin on December 31, 2014. The Social Security Act ties the annual COLA to the increase in the Consumer Price Index as determined by the Department of Labor’s Bureau of Labor Statistics. Some other changes that take effect in January of each year are based on the increase in average wages. Based on that increase, the maximum amount of earnings subject to the Social Security tax (taxable maximum) will increase to $118,500 from $117,000. Of the estimated 168 million workers who will pay Social Security taxes in 2015, about 10 million will pay higher taxes because of the increase in the taxable maximum. Please visit this link to read the full report: LinkToArticle NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
• U.S. Real Earnings – September 2014
Hourly Earnings: Real average hourly earnings for all employees fell 0.2 percent from August to September, seasonally
adjusted. This result stems from unchanged average
hourly earnings combined with a 0.1 percent increase in the Consumer Price Index for All Urban
Consumers (CPI-U).
 12-Month Change: Real average hourly earnings increased by 0.3 percent, seasonally adjusted, from September 2013 to September 2014. This gain in real average hourly earnings, combined with a 0.3 percent increase in the average workweek, resulted in a 0.6 percent increase in real average weekly earnings over this period. See the complete report at this link: USDOL-BLS *Note: Real earnings show the effect of inflation on your pay. If your salary went up by 2.1% over the year while the cost-of-living (CPI-U) rose 2.3%, then the “real” value of your salary fell by 0.2% [differences in some of the data are due to rounding and seasonal adjustment]. The figures reported here are earnings for all employees on private nonfarm payrolls, seasonally adjusted. |
• U.S. Consumer Price Index – September 2014
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CPI-U: The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.7 percent over the last 12 months to an index level of 238.031 (1982-84=100). For the month, the index rose 0.1 percent prior to seasonal adjustment.  C-CPI-U: The Chained Consumer Price Index for All Urban Consumers (C-CPI-U) increased 1.5 percent over the last 12 months. For the month, the index rose 0.1 percent on a not seasonally adjusted basis. Please note that the indexes for the post-2012 period are subject to revision.  Please visit this link to read the full report: LinkToArticle NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
21 October 2014
• U.S. Regional & State Unemployment, Employment – September 2014
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Unemployment: Regional and state unemployment rates were generally little changed in September. Thirty-one states had unemployment rate decreases from August, 8 states had increases, and 11 states and the District of Columbia had no change. Forty-two states and the District of Columbia had unemployment rate decreases from a year earlier, five states had increases, and three states had no change. Employment: Nonfarm payroll employment increased in 39 states and the District of Columbia, decreased in 10 states, and was unchanged in South Dakota. The largest over-the-month increases in employment occurred in Texas (+36,400), Illinois (+19,300), and Colorado (+14,600). The largest over-the-month decrease in employment occurred in California (-9,800), followed by Pennsylvania (-9,600) and Virginia (-7,400). Please visit this link to read the full report: LinkToArticle NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
• Connecticut Labor Situation – September 2014
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Connecticut’s nonfarm employment rebounded strongly in September, adding 11,500 positions (0.69%), according to preliminary jobs data calculated from the federal Bureau of Labor Statistics’s (BLS) monthly employer survey (seasonally adjusted). In addition, the August 2014 initial reported loss of 3,600 jobs (-0.22%) was also revised by 2,400 jobs to a smaller decline of 1,200 (-0.07%). The state’s nonfarm employment level at 1,679,200, for September 2014, has reached another new recovery highpoint and has now added 26,100 jobs (1.58%) over the year. Please visit this link to read the full report: LinkToArticle NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
16 October 2014
• U.S. Initial Unemployment Claims – 11 October 2014
| In the week ending October 11, the advance figure for seasonally adjusted initial claims was 264,000, a decrease of
23,000 from the previous week's unrevised level of 287,000. This is the lowest level for initial claims since April 15,
2000 when it was 259,000.
The 4-week moving average was 283,500, a decrease of 4,250 from the previous week's unrevised average of 287,750. This is the lowest level for this average since June 10, 2000 when it was 283,500.  The highest insured unemployment rates in the week ending September 27 were in Puerto Rico (3.5), Virgin Islands (3.0), Alaska (2.9), New Jersey (2.8), Connecticut (2.4), California (2.3), Massachusetts (2.1), Nevada (2.1), Pennsylvania (2.1), Illinois (1.9), District of Columbia (1.8), and Maryland (1.8). The largest increases in initial claims for the week ending October 4 were in New York (+4,753), Texas (+1,976), California (+1,825), Florida (+1,743), and Ohio (+1,734), while the largest decreases were in Oklahoma (-191), Idaho (- 123), Nevada (-82), and the Virgin Islands (-11). Note: “Insured unemployment rate” refers to individuals who are unemployed and receiving UC benefits. See the complete report at this link: USDOL-BLS NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
15 October 2014
• U.S. Producer Price Index – September 2014
| The Producer Price Index for final demand decreased 0.1 percent in September, seasonally
adjusted. Final demand prices were
unchanged in August and advanced 0.1 percent in July.
On an unadjusted basis, the index for final demand increased 1.6 percent for the 12 months ended in September.  Please visit this link to read the full article: USDOL-BLS |
13 October 2014
• U.S. Turnover: Quits As A Percent of Total Turnover – August 2014
Click on table/chart to enlarge Please visit this link to read the full report: LinkToArticle NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
10 October 2014
• U.S. Turnover: 2-Year Comparison – August 2014
 Click on table/chart to enlarge Please visit this link to read the full report: LinkToArticle NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
09 October 2014
• U.S. Initial Unemployment Claims – 04 October 2014
In the week ending October 4, the advance figure for seasonally adjusted initial claims was 287,000, a decrease of 1,000
from the previous week's revised level. The previous week's level was revised up by 1,000 from 287,000 to 288,000.
 The advance seasonally adjusted insured unemployment rate was 1.8 percent for the week ending September 27, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending September 27 was 2,381,000, a decrease of 21,000 from the previous week's revised level. The highest insured unemployment rates in the week ending September 20 were in Puerto Rico (3.5), Alaska (2.9), New Jersey (2.7), Virgin Islands (2.7), California (2.4), Connecticut (2.4), Nevada (2.3), Pennsylvania (2.2), Massachusetts (2.0), Illinois (1.9), Maryland (1.9), and Rhode Island (1.9). The largest increases in initial claims for the week ending September 27 were in New Jersey (+615), Indiana (+482), Washington (+345), Idaho (+340), and Georgia (+148), while the largest decreases were in California (-7,715), Michigan (-2,082), New York (-719), Texas (-635), and Florida (-517). Note: “Insured unemployment rate” refers to individuals who are unemployed and receiving UC benefits. See the complete report at this link: USDOL-BLS NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
• U.S. Turnover: Annual Rates of Turnover, Quits – August 2014
Click on table/chart to enlarge Please visit this link to read the full report: LinkToArticle http://www.bls.gov/jlt/ NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
08 October 2014
• U.S. Job Openings, Hires, Turnover, and Quits – August 2014
 [1] The job openings rate is the number of job openings on the last business day of the month as a percent of total employment plus job openings. [2] The hires rate is the number of hires during the entire month as a percent of total employment. [3] The total separations rate is the number of total separations during the entire month as a percent of total employment; includes quits. [4] The quits rate is the number of quits during the entire month as a percent of total employment; included in "total turnover." Click on table/chart to enlarge Please visit this link to read the full report: LinkToArticle NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
07 October 2014
• U.S. Job Openings and Hires – August 2014
| There were 4.8 million job openings on the last business day of August and the rate was 3.4 percent.
This was the highest level of job openings since January 2001. The number of job openings increased
for total private and was little changed for government in August.
Job openings levels went up in nondurable goods manufacturing, health care and social assistance, and in accommodation and food services. Job openings fell in state and local government and were little changed in all four regions. The number of job openings (not seasonally adjusted) increased over the 12 months ending in August 2014 for total nonfarm, total private, and government. The job openings level increased in many of the industries and in all four regions.  Click on table/chart to enlarge Please visit this link to read the full report: LinkToArticle NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
• U.S. Employment Situation: Official Unemployment Rate vs. Alternative Rate – September 2014
| In September 2014 the official unemployment rate was 5.9% while the alternative rate was 11.8%.
The alternate measure is [1]the official unemployment rate, plus [2]all persons marginally attached to the labor force, plus [3]total employed part-time for economic reasons, expressed as a % of the civilian labor force.  Click on table/chart to enlarge Please visit this link to read the full report: LinkToArticle NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
06 October 2014
• U.S. Employment Situation: Employment vs. Unemployment – September 2014
| Total nonfarm payroll employment increased by 248,000 in September.
The unemployment rate declined by 0.2 percentage point to 5.9 percent. The number of unemployed persons decreased by 329,000 to 9.3 million. Over the year, the unemployment rate and the number of unemployed persons were down by 1.3 percentage points and 1.9 million, respectively.  Click on table/chart to enlarge Please visit this link to read the full report: LinkToArticle NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
05 October 2014
• U.S. Employment Situation: Goods-Producing vs. Service-Providing – September 2014
Total nonfarm payroll employment rose by 248,000 in September, compared with an
average monthly gain of 213,000 over the prior 12 months. In September, job growth
occurred in professional and business services, retail trade, and health care.
 Click on table/chart to enlarge Professional and business services added 81,000 jobs in September, compared with an average gain of 56,000 per month over the prior 12 months. In September, job gains occurred in employment services (+34,000), management and technical consulting services (+12,000), and architectural and engineering services (+6,000). Employment in legal services declined by 5,000 over the month. Employment in retail trade rose by 35,000 in September. Food and beverage stores added 20,000 jobs, largely reflecting the return of workers who had been off payrolls in August due to employment disruptions at a grocery store chain in New England. Employment in retail trade has increased by 264,000 over the past 12 months. Health care added 23,000 jobs in September, in line with the prior 12-month average gain of 20,000 jobs per month. In September, employment rose in home health care services (+7,000) and hospitals (+6,000). Employment in information increased by 12,000 in September, with a gain of 5,000 in telecommunications. Over the year, employment in information has shown little net change. Mining employment rose by 9,000 in September, with the majority of the increase occurring in support activities for mining (+7,000). Over the year, mining has added 50,000 jobs. Within leisure and hospitality, employment in food services and drinking places continued to trend up in September (+20,000) and is up by 290,000 over the year. In September, construction employment continued on an upward trend (+16,000). Within the industry, employment in residential building increased by 6,000. Over the year, construction has added 230,000 jobs. Employment in financial activities continued to trend up in September (+12,000) and has added 89,000 jobs over the year. In September, job growth occurred in insurance carriers and related activities (+6,000) and in securities, commodity contracts, and investments (+5,000). Employment in other major industries, including manufacturing, wholesale trade, transportation and warehousing, and government, showed little change over the month. Please visit this link to read the full report: LinkToArticle NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
03 October 2014
• U.S. Employment Situation: Major Worker Groups – September 2014
| Total nonfarm payroll employment increased by 248,000 in September, and the
unemployment rate declined to 5.9 percent\. Employment increased in professional and business services,
retail trade, and health care.
Among the major worker groups, unemployment rates declined in September for adult men (5.3 percent), whites (5.1 percent), and Hispanics (6.9 percent). The rates for adult women (5.5 percent), teenagers (20.0 percent), and blacks (11.0 percent) showed little change over the month. The jobless rate for Asians was 4.3 percent (not seasonally adjusted), little changed from a year earlier.  Click on table/chart to enlarge Please visit this link to read the full report: LinkToArticle NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
02 October 2014
• U.S. Initial Unemployment Claims – 27 September 2014
In the week ending September 27, the advance figure for seasonally adjusted initial claims was 287,000, a decrease of
8,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 293,000 to
295,000.  Click on table/chart to enlarge. The 4-week moving average was 294,750, a decrease of 4,250 from the previous week's revised average. The previous week's average was revised up by 500 from 298,500 to 299,000. The advance seasonally adjusted insured unemployment rate was 1.8 percent for the week ending September 20, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending September 20 was 2,398,000, a decrease of 45,000 from the previous week's revised level. The highest insured unemployment rates in the week ending September 13 were in Puerto Rico (3.7), Alaska (2.9), New Jersey (2.8), California (2.6), Connecticut (2.4), Virgin Islands (2.4), Nevada (2.3), Pennsylvania (2.2), Illinois (2.0), and Massachusetts (2.0). The largest increases in initial claims for the week ending September 20 were in California (+8,830), Michigan (+1,994), Kentucky (+516), Delaware (+412), and Arizona (+201), while the largest decreases were in New York (-3,059), Missouri (-1,792), Georgia (-1,011), Pennsylvania (-829), and Oregon (-828). Note: “Insured unemployment rate” refers to individuals who are unemployed and receiving UC benefits. See the complete report at this link: USDOL-BLS NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |
01 October 2014
• U.S. Metropolitan Area Employment and Unemployment - August 2014
| Unemployment rates were lower in August than a year earlier in 322 of the 372
metropolitan areas, higher in 44 areas, and unchanged in 6 areas. Eleven areas had jobless rates of at least
10.0 percent and 84 areas had rates of less than 5.0 percent.
Nonfarm payroll employment increased over the year in 306 metropolitan areas, decreased in 57 areas, and was unchanged in 9 areas. Here are the employment numbers for Connecticut:  Click on table to enlarge Please visit this link to read the full report: LinkToArticle NOTE: This report is provided with the understanding that the publisher is not engaged in providing legal, financial, accounting or other professional advice. If professional assistance is required, the services of a competent professional should be sought. Furthermore, while we do our best to ensure that these data are accurate, we suggest that any entity making decisions based on these numbers should verify the data at their source prior to making such decisions. |