28 November 2014

• U.S. Civilian Labor Force Participation – October 2014


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 November 2014

• U.S. Gasoline Prices - November 2014


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.


26 November 2014

• U.S. Initial Unemployment Claims — 22 November 2014


In the week ending November 22, the advance figure for seasonally adjusted initial claims was 313,000, an increase of 21,000 from the previous week's revised level and down 3.4% from the same week a year ago.

The 4-week moving average was 294,000, an increase of 6,250 from the previous week's revised average. The previous week's average was revised up by 250 from 287,500 to 287,750.

The advance seasonally adjusted insured unemployment rate was 1.7 percent for the week ending November 15, a decrease of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending November 15 was 2,316,000, a decrease of 17,000 from the previous week's revised level.

The highest insured unemployment rates in the week ending November 8 were in Alaska (3.6), Puerto Rico (3.2), New Jersey (2.8), California (2.3), Connecticut (2.3), Nevada (2.3), the Virgin Islands (2.3), Pennsylvania (2.2), Massachusetts (2.1), and Oregon (2.0).

The largest increases in initial claims for the week ending November 15 were in Minnesota (+2,904), Montana (+1,614), Wisconsin (+1,214), New York (+1,192), and Colorado (+1,131), while the largest decreases were in California (- 17,588), New Jersey (-2,849), Pennsylvania (-1,645), Oregon (-1,357), and Massachusetts (-1,284).

Note: “Insured unemployment rate” refers to individuals who are unemployed and receiving UC benefits.

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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.


25 November 2014

• U.S. Gross Domestic Product – Q3 2014


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 3.9 percent in the third quarter of 2014, according to the "second" estimate. In the second quarter, real GDP increased 4.6 percent.

The increase in real GDP in the third quarter reflected positive contributions from PCE, nonresidential fixed investment, federal government spending, exports, residential fixed investment, 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.

The deceleration in the percent change in real GDP reflected a downturn in private inventory investment and decelerations in exports, in nonresidential fixed investment, in state and local government spending, in PCE, and in residential fixed investment that were partly offset by a downturn in imports and an upturn in federal government spending.

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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 November 2014

• U.S. Online Help-Wanted Advertising October 2014


”Online advertised vacancies rose 11,700 to 5,083,600 in October, according to The Conference Board Help Wanted OnLine® (HWOL) Data Series…. The September Supply/Demand rate stands at 1.83 unemployed for each advertised vacancy, with a total of 4.2 million more unemployed workers than the number of advertised vacancies. The number of unemployed was 9.3 million in September."

“’U.S. labor demand continues on a steady, slow growth trend, maintaining historically high demand levels with over 5 million ads each month,’ said Gad Levanon, Director of Macroeconomics and Labor Markets at The Conference Board. ‘The data continue to indicate a strong U.S. labor market.”

”In October, the Services/Production occupational category saw a gain, while the Professional category saw a small loss. Sales (22,100) and Transportation (23,800) bounced back from large September losses with most other occupational categories showing just small increases/decreases.”

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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 November 2014

• U.S. Regional and State Employment and Unemployment -- October 2014


UNEMPLOYMENT

Thirty-four states and the District of Columbia had unemployment rate decreases from September, 5 states had increases, and 11 states 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

In October 2014, nonfarm payroll employment increased in 38 states and decreased in 12 states and the District of Columbia. The largest over-the-month increases in employment occurred in California (+41,500), Texas (+35,200), and Florida (+34,400). The largest over-the-month decrease in employment occurred in Nevada (-7,300), followed by New York (-5,600) and New Jersey (-4,500).

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20 November 2014

• U.S. Real* Earnings – October 2014


Real average hourly earnings for all employees rose 0.1 percent from September to October, seasonally Adjusted. This result stems from a 0.1 percent increase in average hourly earnings combined with no change in the Consumer Price Index for All Urban Consumers (CPI-U).

Real average weekly earnings increased 0.4 percent over the month due to the increase in real average hourly earnings combined with a 0.3 percent increase in the average workweek.

Real average hourly earnings increased 0.4 percent, seasonally adjusted, from October 2013 to October 2014. This increase in real average hourly earnings, combined with a 0.6 percent increase in the average workweek, resulted in a 0.9 percent increase in real average weekly earnings over this period.

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*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 – October 2014


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 237.433 (1982-84=100). For the month, the index fell 0.3 percent prior to seasonal adjustment.

CPI-W: The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 1.5 percent over the last 12 months to an index level of 233.229 (1982-84=100). For the month, the index fell 0.4 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 fell 0.3 percent on a not seasonally adjusted basis. Please note that the indexes for the post-2012 period are subject to revision.

The Consumer Price Index for November 2014 is scheduled to be released on Wednesday, December 17, 2014, at 8:30 a.m. (EST).

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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 – 15 November 2014


In the week ending November 15, the advance figure for seasonally adjusted initial claims was 291,000, a decrease of 2,000 from the previous week's revised level. The previous week's level was revised up by 3,000 from 290,000 to 293,000.

The 4-week moving average was 287,500, an increase of 1,750 from the previous week's revised average. The previous week's average was revised up by 750 from 285,000 to 285,750.

The advance seasonally adjusted insured unemployment rate was 1.8 percent for the week ending November 8, unchanged from the previous week's unrevised rate.

The highest insured unemployment rates in the week ending November 1 were in Alaska (3.6), Puerto Rico (3.4), New Jersey (2.7), California (2.5), Connecticut (2.4), the Virgin Islands (2.3), Nevada (2.2), Pennsylvania (2.2), Massachusetts (2.1), and Oregon (2.0).

The largest increases in initial claims for the week ending November 8 were in California (+9,512), Pennsylvania (+2,697), Illinois (+2,624), New Jersey (+2,538), and Texas (+2,386), while the largest decreases were in Mississippi (- 150), Rhode Island (-106), and Vermont (-89).

Note: “Insured unemployment rate” refers to individuals who are unemployed and receiving UC benefits.

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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.


19 November 2014

• U.S. Business Employment Dynamics - Q1 2014


From December 2013 to March 2014, gross job gains from opening and expanding private sector establishments were 6.9 million, a decrease of 440,000 jobs from the previous quarter, the reported today. Over this period, gross job losses from closing and contracting private sector establishments were 6.5 million, a decrease of 94,000 jobs from the previous quarter.

The difference between the number of gross job gains and the number of gross job losses yielded a net employment gain of 397,000 jobs in the private sector during the first quarter of 2014.

Please visit this link to read the full report: U.S. Bureau of Labor Statistics

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.


18 November 2014

• U.S. Producer Price Index – October 2014


SA:The Producer Price Index for final demand rose 0.2 percent in October, seasonally adjusted. This increase followed a 0.1-percent decline in September and no change in August.

NSA: On an unadjusted basis, the index for final demand advanced 1.5 percent for the 12 months ended in October, the smallest 12-month increase since a 1.2-percent rise in February 2014.

In October, the 0.2-percent rise in final demand prices can be traced to the index for final demand services, which advanced 0.5 percent. In contrast, prices for final demand goods moved down 0.4 percent.

Within intermediate demand, prices for processed goods declined 0.9 percent, the index for unprocessed goods fell 2.4 percent, and prices for services inched up 0.1 percent.

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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.


• States to Increase Minimum Wage in 2015


”Under the Fair Labor Standards Act (FLSA), the current federal minimum wage is $7.25 per hour, but the FLSA does not supersede any state or local laws that are more favorable to employees. Therefore, if a state has a minimum wage that is higher than the federal minimum, employers subject to the state minimum wage law are obligated to pay the higher rate to employees working in that state.

”Note: The minimum wage for federal contract workers is $10.10 per hour effective January 1, 2015.

”The map [link to article to see mep] shows the states that are increasing their minimum wages….”

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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.


• Health Care Premiums Expected to Jump in 2015


”U.S. companies saw a relatively modest uptick in health plan costs in 2014, but premiums will see a sharper increase next year, new research shows.

”For 2015, the average health care premium adjustment for midsize and large U.S. companies will be 5.5 percent after plan design changes and vendor negotiations aimed at curtailing costs, consultancy Aon Hewitt projects, up from 4.4 percent in 2014.

”For 2015, the data from midsize and large employers further reveal that average health care costs are projected to increase to $11,304 per employee, up from $10,717 in 2014 and $10,266 in 2013.

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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.


14 November 2014

• U.S. Annual Rates of Employment Turnover, Quits – September 2014


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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.


13 November 2014

• U.S. Job Openings and Hires – September 2014


Job Openings: There were 4.7 million job openings on the last business day of September. The job openings rate was 3.3 percent. The number of job openings was little changed for total private and government in September. The level of job openings decreased for arts, entertainment, and recreation. The job openings level was little changed in all four regions.

Openings NSA: The number of job openings (not seasonally adjusted) increased over the 12 months ending in September for total nonfarm, total private, and government. The job openings level increased over the year for many industries, including both professional and business services and health care and social assistance.

Hires: The hires level increased to 5.0 million in September, up from 4.7 million in August. This was the highest level of hires since December 2007. The hires rate in September was 3.6 percent. The number of hires increased for total private and was little changed for government. Hires increased over the month in health care and social assistance as well as in the Midwest region. (See table 2.)

Hires NSA: Over the 12 months ending in September, the number of hires (not seasonally adjusted) increased for total nonfarm, total private, and government. The hires level increased over the year in many industries, including both professional and business services and health care and social assistance. The level decreased for real estate and rental and leasing.

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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 – 08 November 2014


In the week ending November 8, the advance figure for seasonally adjusted initial claims was 290,000, an increase of 12,000 from the previous week's unrevised level of 278,000.

The 4-week moving average was 285,000, an increase of 6,000 from the previous week's unrevised average of 279,000.

The advance seasonally adjusted insured unemployment rate was 1.8 percent for the week ending November 1, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending November 1 was 2,392,000, an increase of 36,000 from the previous week's revised level.

The highest insured unemployment rates in the week ending October 25 were in Puerto Rico (3.5), Alaska (3.2), Virgin Islands (3.1), New Jersey (2.8), Connecticut (2.4), California (2.3), Nevada (2.2), Massachusetts (2.1), Pennsylvania (2.1), and Oregon (2.0).

The largest increases in initial claims for the week ending November 1 were in Michigan (+1,921), New Jersey (+1,006), Pennsylvania (+898), Arkansas (+853), and Wisconsin (+685), while the largest decreases were in California (-3,850), Ohio (-2,325), Oregon (-931), Tennessee (-816), and New York (-746).

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.


• Unemployment Rates in Other Major Economies


”The U.S. unemployment rate fell to 5.8 percent in October, the lowest level since July 2008 and down from 7.2 percent a year earlier. Employers have now added at least 200,000 jobs for nine straight months - the longest such stretch since 1995.

”By contrast, Europe is on the brink of its third recession in the past seven years, and growth in China and Japan has weakened. Though the unemployment rate isn't always the purest gauge of a job market's health, here's a look at some rates from elsewhere in the world...."

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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.


12 November 2014

• "U.S. College Hiring to Increase 8.3 Percent"


”Employers expect to hire 8.3 percent more new college graduates from the Class of 2015 for their U.S. operations than they did from the Class of 2014, according to a new report from the National Association of Colleges and Employers (NACE)….

”Responding employers expressed the most interest in new college graduates at the bachelor's degree level in the business, engineering, and computer/information sciences field. Among individual majors, finance, accounting, and computer science graduates are most sought-after by survey respondents….”

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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.


• "Experts Predict That 50% of Occupations In Corporations Today Will No Longer Exist By 2025"


”Business leaders we met discussed radical changes already underway in their organisations. Data in the US suggests that technology already destroys more jobs than it creates..

”Since 2000, GDP has been able to grow faster than employment….” 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.


11 November 2014

• Most U.S. Employers Give Nine Paid Holidays


”While nine is the average number of paid holidays that employers will offer in 2015, 21 percent of those surveyed said they will offer 10 paid holidays to full-time employees, and 22 percent said they will offer 10 paid holidays to their part-time employees.

”Only 2 percent offer one to five paid holidays to full-time workers and 8 percent offer five paid holidays to part-time employees. Six percent offer 13 or more paid holidays to full-time employees and 5 percent offer 13 or more paid holidays to part-time employees.

”Slightly more than one-third (36 percent) of the 492 respondents surveyed reported that their organization provides floating holidays. Among those offering this benefit annually to full-time employees:

• 43 percent offer one floating holiday.

• 29 percent offer two floating holidays.

• 14 percent offer three floating holidays.

• 9 percent offer four floating holidays.

• 5 percent offer five or more floating holidays."

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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 November 2014

• U.S. Average Hourly Earnings – October 2014


Average hourly earnings for all employees on private nonfarm payrolls rose by 3 cents to $24.57 in October. Over the year, average hourly earnings have risen by 2.0 percent. In October, average hourly earnings of private-sector production and nonsupervisory employees increased by 4 cents to $20.70.

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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 Among Major Worker Groups – October 2014


Among the major worker groups, the unemployment rate for whites declined to 4.8 percent. The rates for adult men (5.1 percent), adult women (5.4 percent), teenagers (18.6 percent), blacks (10.9 percent), and Hispanics (6.8 percent) changed little over the month. The jobless rate for Asians was 5.0 percent (not seasonally adjusted), little changed from a year earlier.

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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 – October 2014


Total nonfarm payroll employment rose by 214,000 in October, and the unemployment rate edged down to 5.8 percent. Employment increased in food services and drinking places, retail trade, and health care.

Both the unemployment rate (5.8 percent) and the number of unemployed persons (9.0 million) edged down last month. Since the beginning of the year, the unemployment rate and the number of unemployed persons have declined by 0.8 percentage point and 1.2 million, respectively.

The number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 2.9 million. These individuals accounted for 32.0 percent of the unemployed. Over the past 12 months, the number of long-term unemployed has declined by 1.1 million.

The civilian labor force participation rate was little changed at 62.8 percent and has been essentially flat since April. The employment-population ratio increased to 59.2 percent in October.

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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 November 2014

• U.S. Productivity and Costs – Q3 2014


Nonfarm business sector labor productivity increased at a 2.0 percent annual rate during the third quarter of 2014 , as output increased 4.4 percent and hours worked increased 2.3 percent. (All quarterly percent changes in this release are seasonally adjusted annual rates.)

From the third quarter of 2013 to the third quarter of 2014, productivity rose 0.9 percent as output and hours worked increased 3.0 percent and 2.1 percent, respectively.

Unit labor costs in the nonfarm business sector rose 0.3 percent in the third quarter of 2014, as a 2.3 percent increase in hourly compensation was larger than the 2.0 percent increase in productivity. Unit labor costs increased 2.4 percent over the last four quarters.

Manufacturing sector productivity increased 3.2 percent in the third quarter of 2014, as output increased 4.1 percent and hours worked increased 0.8 percent.

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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 – 01 November 2014


In the week ending November 1, the advance figure for seasonally adjusted initial claims was 278,000, a decrease of 10,000 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 4-week moving average was 279,000, a decrease of 2,250 from the previous week's revised average. This is the lowest level for this average since April 29, 2000 when it was 273,000. The previous week's average was revised up by 250 from 281,000 to 281,250.

The advance seasonally adjusted insured unemployment rate was 1.8 percent for the week ending October 25, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending October 25 was 2,348,000, a decrease of 39,000 from the previous week's revised level.

The highest insured unemployment rates in the week ending October 18 were in the Virgin Islands (3.5), Puerto Rico (3.4), Alaska (3.3), New Jersey (2.7), California (2.5), Connecticut (2.3), Nevada (2.3), Pennsylvania (2.2), Massachusetts (2.0), Illinois (1.9), Maryland (1.9), and Oregon (1.9).

The largest increases in initial claims for the week ending October 25 were in Ohio (+3,389), California (+2,939), New York (+2,663), Oregon (+1,674), and Washington (+1,124), while the largest decreases were in Michigan (-3,849), Texas (-558), Indiana (-447), Tennessee (-281), and Kentucky (-279).

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.


03 November 2014

• U.S. Wages and Salaries – September 2014


Private wages and salaries increased $12.6 billion in September, compared with an increase of $36.3 billion in August.

Goods-producing industries' payrolls increased $0.7 billion, compared with an increase of $4.8 billion; manufacturing payrolls decreased $0.3 billion, in contrast to an increase of $2.2 billion.

Services-producing industries' payrolls increased $11.9 billion, compared with an increase of $31.4 billion.

Government wages and salaries increased $1.4 billion, compared with an increase of $0.9 billion.

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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 November 2014

• U.S. Personal Income and Outlays - September 2014


Personal income increased $22.7 billion, or 0.2 percent, and disposable personal income (DPI) increased $15.7 billion, or 0.1 percent, in September.

Personal consumption expenditures (PCE) decreased $19.0 billion, or 0.2 percent. In August, personal income increased $50.7 billion, or 0.3 percent, DPI increased $37.5 billion, or 0.3 percent, and PCE increased $58.7 billion, or 0.5 percent, based on revised estimates.

Click on table/chart to enlarge

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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.