04 March 2016

Goodbye

Sorry to report the death of this blog. We tried, but couldn't build the readership we wanted. Best wishes to all our supporters.

19 February 2016

• U.S. Average Retail Gasoline and Diesel Fuel Prices — 16 February 2016


Regular Gasoline: The U.S. average regular gasoline retail price fell four cents from the previous week to $1.72 per gallon on February 16, down 55 cents from the same time last year. The West Coast price decreased 10 cents to $2.22 per gallon. The Rocky Mountain price was down six cents to $1.69 per gallon. The East Coast price declined four cents to $1.76 per gallon, and the Gulf Coast price was down three cents to $1.53 per gallon. The Midwest price increased less than a penny, remaining virtually unchanged at $1.52 per gallon.
Diesel Fuel: The U.S. average diesel fuel price fell three cents to $1.98 per gallon, 89 cents lower than the same time last year and the first time the price has fallen below $2.00 per gallon since February 2005.The Rocky Mountain price fell five cents to $1.87 per gallon, followed by the Gulf Coast price, which was down four cents to $1.86 per gallon. The West Coast also decreased four cents to $2.19 per gallon. The East Coast and Midwest prices each declined two cents to $2.07 per gallon, and $1.91 per gallon, respectively.

Please visit this link to read the full report: USEnergyInformationAdministration

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.

© 2016 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/

• U.S. Consumer Price Index — January 2016

The Consumer Price Index for All Urban Consumers (CPI-U) increased 1.4 percent over the last 12 months to an index level of 236.916 (1982-84=100). For the month, the index increased 0.2 percent prior to seasonal adjustment.

The Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) increased 1.2 percent over the last 12 months to an index level of 231.061 (1982-84=100). For the month, the index increased 0.1 percent prior to seasonal adjustment.

The Chained Consumer Price Index for All Urban Consumers (C-CPI-U) increased 1.0 percent over the last 12 months. For the month, the index increased 0.1 percent on a not seasonally adjusted basis. Please note that the indexes for the past 10 to 12 months are subject to revision.

The Consumer Price Index for February 2016 is scheduled to be released on Wednesday, March 16, 2016, at 8:30 a.m. (EDT).

Please visit this link to read the full report: 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.

© 2016 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Real Earnings – January 2016


For the Month: Real average hourly earnings for all employees increased 0.4 percent from December to January, seasonally adjusted. This result stems from a 0.5-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 0.7 percent over the month due to the increase in real average hourly earnings combined with a 0.3-percent increase in the average workweek.

For the Year: Real average hourly earnings increased 1.1 percent, seasonally adjusted, from January 2015 to January 2016. This increase in real average hourly earnings combined with no change in the average workweek resulted in a 1.2-percent increase in real average weekly earnings over this period.p>Please visit this link to read the full report: 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.

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.

© 2016 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


18 February 2016

• U.S. Initial Unemployment Claims — 13 February 2016


In the week ending February 13, the advance figure for seasonally adjusted initial claims was 262,000, a decrease of 7,000 from the previous week's unrevised level of 269,000.

The 4-week moving average was 273,250, a decrease of 8,000 from the previous week's unrevised average of 281,250.

The advance seasonally adjusted insured unemployment rate was 1.7 percent for the week ending February 6, an increase of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending February 6 was 2,273,000, an increase of 30,000 from the previous week's revised level.

The highest insured unemployment rates in the week ending January 30 were in Alaska (4.7), West Virginia (3.7), New Jersey (3.4), Montana (3.3), Pennsylvania (3.3), Connecticut (3.0), Wyoming (3.0), Illinois (2.9), Puerto Rico (2.9), and Rhode Island (2.9).

The largest increases in initial claims for the week ending February 6 were in Texas (+1,674), Rhode Island (+783), Florida (+419), Michigan (+385), and Virginia (+370), while the largest decreases were in Illinois (-5,503), Tennessee (- 3,067), Pennsylvania (-2,284), Maryland (-1,911), and Ohio (-1,695).

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.

© 2016 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


17 February 2016

• U.S. Industrial Production — January 2016

Industrial production increased 0.9 percent in January after decreasing 0.7 percent in December.

A storm late in the month likely held down production in January by a small amount.

Please visit this link to read the full report: FederalReserve

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.

© 2016 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Housing Starts — January 2016

Building Permits: Privately-owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of 1,202,000. This is 0.2 percent (±0.5%) below the revised December rate of 1,204,000, but is 13.5 percent (±1.5%) above the January 2015 estimate of 1,059,000.

Single-family authorizations in January were at a rate of 720,000; this is 1.6 percent (±1.0%) below the revised December figure of 732,000.

Housing Starts: Privately-owned housing starts in January were at a seasonally adjusted annual rate of 1,099,000. This is 3.8 percent (±12.0%) below the revised December estimate of 1,143,000, but is 1.8 percent (±13.5%) above the January 2015 rate of 1,080,000.

Single-family housing starts in January were at a rate of 731,000; this is 3.9 percent (±10.5%) below the revised December figure of 761,000.

Please visit this link to read the full report: USDOCCensus

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.

© 2016 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Producer Price Index — January 2016

The Producer Price Index for final demand increased 0.1 percent in January. Final demand prices decreased 0.2 percent in December and rose 0.4 percent in November.

In January, prices for final demand services advanced 0.5 percent and the index for final demand goods declined 0.7 percent.

Please visit this link to read the full report: 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.

© 2016 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


16 February 2016

• U.S. Consumer Sentiment — February 2016

“Consumers are feeling less optimistic than expected so far this month as they weigh inflation rates and the pace of wage gains, a survey said...

”The Index of Consumer sentiment hit 90.7 in February's preliminary reading, according to estimates by the University of Michigan. Analysts expected a reading of 92, down from January's preliminary 93.3 and even with January's final reading of 92, according to Thomson Reuters consensus estimates.…”

Please visit this link to read the full report: CNBC

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.

© 2016 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


15 February 2016

• U.S. Manufacturing and Trade Inventories and Sales— December 2015

Sales. The U.S. Census Bureau announced today that the combined value of distributive trade sales and manufacturers’ shipments for December, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,302.3 billion, down 0.6 percent (±0.3%) from November 2015 and was down 2.7 percent (±0.5%) from December 2014.

Inventories. Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,813.1 billion, up 0.1 percent (±0.1%) from November 2015 and were up 1.7 percent (±0.6%) from November 2014.

Inventories/Sales Ratio. The total business inventories/sales ratio based on seasonally adjusted data at the end of December was 1.39. The December 2014 ratio was 1.33.

Please visit this link to read the full report: USDOCCensus

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.

© 2016 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


12 February 2016

• U.S. Retail Sales — January 2016

U.S. retail and food services sales for January, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $449.9 billion, an increase of 0.2 percent (±0.5%) from the previous month, and 3.4 percent (±0.7%) above January 2015.

Total sales for the November 2015 through January 2016 period were up 2.5 percent (±0.5%) from the same period.

Please visit this link to read the full report: USDOCCensus

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.

© 2016 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


11 February 2016

• U.S. Initial Unemployment Claims — 06 February 2016


In the week ending February 6, the advance figure for seasonally adjusted initial claims was 269,000, a decrease of 16,000 from the previous week's unrevised level of 285,000.

The 4-week moving average was 281,250, a decrease of 3,500 from the previous week's unrevised average of 284,750.

The advance seasonally adjusted insured unemployment rate was 1.6 percent for the week ending January 30, 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 January 30 was 2,239,000, a decrease of 21,000 from the previous week's revised level.

The highest insured unemployment rates in the week ending January 23 were in Alaska (4.8), West Virginia (3.6), Montana (3.4), New Jersey (3.3), Connecticut (3.1), Pennsylvania (3.1), Puerto Rico (3.0), Illinois (2.9), Massachusetts (2.9), and Wyoming (2.9).

The largest increases in initial claims for the week ending January 30 were in Illinois (+5,092), Tennessee (+4,211), Pennsylvania (+4,055), Maryland (+2,463), and New Jersey (+2,129), while the largest decreases were in California (- 2,873), Wisconsin (-1,246), Minnesota (-978), Michigan (-743), and Missouri (-738).

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.

© 2016 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Average Retail Gasoline and Diesel Fuel Prices — 08 February 2016


Regular Gasoline: The U.S. average regular gasoline retail price decreased six cents from the previous week to $1.76 per gallon on February 8, down 43 cents from the same time last year. The Midwest price fell 10 cents to $1.52 per gallon. The West Coast price fell six cents to $2.31 per gallon. The Rocky Mountain price decreased five cents to $1.75 per gallon, followed by the East Coast price, which was down four cents to $1.79 per gallon. The Gulf Coast price decreased three cents to $1.56 per gallon.

Diesel Fuel: The U.S. average diesel fuel price decreased two cents from the prior week to $2.01 per gallon, down 83 cents from the same time last year. The Rocky Mountain price decreased six cents per gallon to $1.91 per gallon. The West Coast price fell four cents to $2.24 per gallon. The East Coast and Gulf Coast prices each fell two cents to $2.09 per gallon and $1.90 per gallon, respectively. The Midwest price decreased one cent to $1.93 per gallon.

Please visit this link to read the full report: USEnergyInformationAdministration

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.

© 2016 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/

10 February 2016

• U.S. Major Work Stoppages — 2015

In 2015, there were 12 major work stoppages involving 1,000 or more workers and lasting at least one shift, one more than in 2014. Since the series began in 1947 the lowest annual total was 5 in 2009.

Major work stoppages beginning in 2015 idled 47,000 workers, higher than the 34,000 workers of 2014.

In 2015, there were 740,000 days idle from major work stoppages in effect, also higher than 2014 with 200,000 days idle. Private industry organizations accounted for over 92 percent of the total days idle, consisting of 684,000 days of idleness. In 2015, oil and gas extraction, manufacturing, and educational services industries accounted for approximately 89 percent of all days idle for major work stoppages.

Please visit this link to read the full report: 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.

© 2016 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


09 February 2016

• U.S. Wholesale Trade, Inventories — December 2015

December 2015 sales of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations and trading-day differences but not for price changes, were $440.0 billion, down 0.3 percent (+/-0.9%) from the revised November level and were down 4.5 percent (+/-1.4%) from the December 2014 level. The November preliminary estimate was revised downward $1.3 billion or 0.3 percent.

December sales of durable goods were up 0.3 percent (+/-1.1%) from last month, but were down 3.0 percent (+/-2.1%) from a year ago. Sales of motor vehicle and motor vehicle parts and supplies were up 2.5 percent from last month, while sales of electrical and electronic goods were down 1.9 percent.

Sales of nondurable goods were down 0.9 percent (+/-1.1%) from November and were down 5.9 percent (+/-1.8%) from last December. Sales of petroleum and petroleum products were down 4.5 percent from last month….

Please visit this link to read the full report: USDOCCensus

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.

© 2016 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Job Openings, Hires, Turnover, Quits — December 2015


The number of job openings increased to 5.6 million on the last business day of December. Hires and separations were little changed at 5.4 million and 5.1 million, respectively.

Within separations, the quits rate was 2.1 percent, and the layoffs and discharges rate was 1.1 percent.

This release includes estimates of the number and rate of job openings, hires, and separations for the nonfarm sector by industry and by four geographic regions.

Please visit this link to read the full report: 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.

© 2016 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Labor Market Conditions Index — January 2016


Labor market conditions are deteriorating with the Index falling to plus 0.4 in January vs 2.3 in December. In January 2015 the Index stood at 3.7.

Note: Supposedly, values above zero indicate an improving labor market and values below zero indicate a deteriorating labor market.

Please visit this link to read the full report: Federal Reserve

Fed: “The LMCI is derived from a dynamic factor model that extracts the primary common variation from 19, seasonally-adjusted, labor market indicators. Users can read about the included indicators at: Federal Reserve Information on the LMCI. Users of the LMCI should take note that the entire history of the LMCI may revise each month….”

The Wall Street Journal says, “The labor market conditions index is by definition an index. Higher index numbers are positives and vice versa. The report focuses on the change in the index—how strong a plus change or a negative change. Plus indicates improving labor market conditions. But there is extreme detail with 19 components. Subcomponent detail can be important, depending on how many components are positive versus those that are negative or sluggish. A key feature of this report is that it pulls together many labor market indicators into one place.”

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.

© 2016 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


05 February 2016

• U.S. Average Retail Gasoline and Diesel Fuel Prices — 01 February 2016


Regular Gasoline: The U.S. average retail price for regular gasoline decreased three cents from the previous week to $1.82 per gallon on February 1, 2016, down 25 cents from the same time last year. The West Coast price decreased eight cents to $2.38 per gallon, followed by the Rocky Mountain price, which decreased six cents to $1.80 per gallon. The Gulf Coast price was down four cents to $1.59 per gallon. The East Coast price decreased three cents to $1.84 per gallon, and the Midwest price was down one cent to $1.62 per gallon.

Diesel Fuel: The U.S. average diesel fuel price decreased four cents from last week to $2.03 per gallon, down 80 cents per gallon from the same time last year. The West Coast, Rocky Mountain, and Midwest prices each fell five cents to $2.27 per gallon, $1.97 per gallon, and $1.94 per gallon, respectively. The Gulf Coast price was down four cents to $1.92 per gallon. The East Coast price decreased three cents to $2.11 per gallon.

Please visit this link to read the full report: USEnergyInformationAdministration

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.

© 2016 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/

• U.S. Employment Situation — January 2016

Total nonfarm payroll employment rose by 151,000 in January, and the unemployment rate was little changed at 4.9 percent. Job gains occurred in several industries, led by retail trade, food services and drinking places, health care, and manufacturing. Employment declined in private educational services, transportation and warehousing, and mining.

Both the number of unemployed persons, at 7.8 million, and the unemployment rate, at 4.9 percent, changed little in January. Over the past 12 months, the number of unemployed persons and the unemployment rate were down by 1.1 million and 0.8 percentage point, respectively.

Among the major worker groups, the unemployment rates for adult men (4.5 percent) and Whites (4.3 percent) declined in January. The jobless rates for adult women (4.5 percent), teenagers (16.0 percent), Blacks (8.8 percent), Asians (3.7 percent), and Hispanics (5.9 percent) showed little change over the month.

Please visit this link to read the full report: 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.

© 2016 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Balance of Trade — December 2015

The goods and services deficit was $43.4 billion in December, up $1.1 billion from $42.2 billion in November, revised. December exports were $181.5 billion, $0.5 billion less than November exports. December imports were $224.9 billion, up $0.6 billion from November.

The December increase in the goods and services deficit reflected an increase in the goods deficit of $1.3 billion to $62.5 billion and an increase in the services surplus of $0.1 billion to $19.2 billion.

For 2015, the goods and services deficit was $531.5 billion, up $23.2 billion or 4.6 percent from 2014. Exports were $2,230.3 billion, down $112.9 billion or 4.8 percent. Imports were $2,761.8 billion, down $89.7 billion or 3.1 percent.

Please visit this link to read the full report: USDOC-BEA

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.

© 2016 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


04 February 2016

• U.S. Productivity and Labor Costs — Q4 2015

Productivity decreased 3.0 percent in the nonfarm business sector in the fourth quarter of 2015; unit labor costs increased 4.5 percent (seasonally adjusted annual rates).

In manufacturing, productivity decreased 0.4 percent and unit labor costs increased 3.6 percent.

Please visit this link to read the full report: 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.

© 2016 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Initial Unemployment Claims — 30 January 2016


In the week ending January 30, the advance figure for seasonally adjusted initial claims was 285,000, an increase of 8,000 from the previous week's revised level. [NOTE: 285,000 initial claims are actually 0.4% higher than the number of claims during the same week a year ago.] The previous week's level was revised down by 1,000 from 278,000 to 277,000.

The 4-week moving average was 284,750, an increase of 2,000 from the previous week's revised average. The previous week's average was revised down by 250 from 283,000 to 282,750.

The advance seasonally adjusted insured unemployment rate was 1.7 percent for the week ending January 23, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending January 23 was 2,255,000, a decrease of 18,000 from the previous week's revised level.

The highest insured unemployment rates in the week ending January 16 were in Alaska (4.8), Montana (3.3), Pennsylvania (3.3), West Virginia (3.3), New Jersey (3.2), Puerto Rico (3.1), Connecticut (3.0), Illinois (2.9), Wyoming (2.9), and Massachusetts (2.8).

The largest increase in initial claims for the week ending January 23 were in Kansas (+65), while the largest decreases were in California (-21,269), Pennsylvania (-6,355), Georgia (-6,113), Michigan (-5,036), and New Jersey (-4,111).

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.

© 2016 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


03 February 2016

• U.S. Metropolitan Area Employment and Unemployment — December 2015

Unemployment rates were lower in December than a year earlier in 296 of the 387 metropolitan areas, higher in 79 areas, and unchanged in 12 areas. Twenty-five areas had jobless rates of less than 3.0 percent, and 12 areas had rates of at least 10.0 percent.

Nonfarm payroll employment increased over the year in 280 metropolitan areas, decreased in 94 areas, and was unchanged in 13 areas.

Please visit this link to read the full report: 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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


02 February 2016

• U.S. Auto Sales — January 2016

Detailed report on auto sales in the U.S. by type, model, and manufacturer shows total light vehicle sales down 0.3% from January 2015.

Please visit this link to read the full report: Barron’s

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Workers Considering New Jobs — 2016

“Over 50% of workers surveyed in the United States may apply for a new job in 2016 as they look for higher salaries, better titles, and more ideal locations, according to a new report…

”Half of workers surveyed say they're looking for a new jobOf 1,052 workers in the U.S., 25% said seeking a new job is definitely on their list for 2016, while 27% said a job hunt is possible.…”

Please visit this link to read the full report: HR.BLR.com

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


01 February 2016

• U.S. EEOC Proposes New Wage Reporting Requirement

“…the Equal Employment Opportunity Commission has announced proposed changes to its EEO-1 report, requiring employers to submit employee W-2 earnings and hours worked. All employers with at least 100 employees would be required to comply. EEOC and the Office of Federal Contract Compliance Programs (OFCCP) would jointly have access to the pay data for enforcement purposes…

”While the Obama Administration’s January 29 statement announcing the proposal focused mainly on the gender “pay gap” as the basis for the new requirements, the proposed changes will mandate submission of pay data broken down by race/ethnicity, in addition to gender.…”

Please visit this link to read the full report...see link to the proposed change: JacksonLewis

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Construction Spending — December 2015

Construction spending during December 2015 was estimated at a seasonally adjusted annual rate of $1,116.6 billion, 0.1 percent (±1.2%) above the revised November estimate of $1,116.0 billion. The December figure is 8.2 percent (±1.8%) above the December 2014 estimate of $1,031.6 billion.

The value of construction in 2015 was $1,097.3 billion, 10.5 percent (±1.2%) above the $993.4 billion spent in 2014.

Please visit this link to read the full report: USDOC-Census

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. New Orders and Production Growing, Employment and Inventories Contracting — January 2016

“The January PMI® registered 48.2 percent, an increase of 0.2 percentage point from the seasonally adjusted December reading of 48 percent. The New Orders Index registered 51.5 percent, an increase of 2.7 percentage points from the seasonally adjusted reading of 48.8 percent in December. The Production Index registered 50.2 percent, 0.3 percentage point higher than the seasonally adjusted December reading of 49.9 percent.

"The Employment Index registered 45.9 percent, 2.1 percentage points below the seasonally adjusted December reading of 48 percent. Inventories of raw materials registered 43.5 percent, the same reading as in December. The Prices Index registered 33.5 percent, the same reading as in December, indicating lower raw materials prices for the 15th consecutive month...."

Please visit this link to read the full report: InstituteForSupplyManagement

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Personal Income and Spending — December 2015

Personal income increased $42.5 billion, or 0.3 percent, and disposable personal income (DPI) increased $37.8 billion, or 0.3 percent, in December. Personal consumption expenditures (PCE) decreased $0.7 billion, or less than 0.1 percent.

In November, personal income increased $44.3 billion, or 0.3 percent, DPI increased $33.4 billion, or 0.2 percent, and PCE increased $59.4 billion, or 0.5 percent, based on revised estimates.

Real DPI increased 0.4 percent in December, compared with an increase of 0.2 percent in November. Real PCE increased 0.1 percent, compared with an increase of 0.4 percent.

Please visit this link to read the full report: USDOC-BEA

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


29 January 2016

• U.S. Employment Cost Index — December 2015

Compensation costs for civilian workers increased 2.0 percent for the 12-month period ending in December 2015. In December 2014, compensation costs increased 2.2 percent. Wages and salaries increased 2.1 percent for the current 12-month period, unchanged from the 12-month period ending in December 2014. Benefit costs increased 1.7 percent for the 12-month period ending in December 2015. In December 2014, the increase was 2.6 percent.

Compensation costs for private industry workers increased 1.9 percent over the year, slowing from the December 2014 increase of 2.3 percent. Wages and salaries increased 2.1 percent for the current 12- month period. In December 2014, the increase was 2.2 percent. The increase in the cost of benefits was 1.3 percent for the 12-month period ending in December 2015, lower than December 2014 when the increase was 2.5 percent. Employer costs for health benefits increased 3.0 percent over the year. In December 2014, the increase was 2.4 percent.

Compensation costs for state and local government workers increased 2.5 percent for the 12-month period ending in December 2015. In December 2014, the increase was 2.0 percent. Wages and salaries increased 1.8 percent for the 12-month period ending in December 2015, and in December 2014 the increase was 1.6 percent. Benefit costs increased 3.5 percent in December 2015, higher than in December 2014 when the increase was 2.9 percent.

Please visit this link to read the full report: 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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Gross Domestic Product: Fourth Quarter and Annual 2015 (Advance Estimate)

Real gross domestic product -- the value of the goods and services produced by the nation’s economy less the value of the goods and services used up in production, adjusted for price changes -- increased at an annual rate of 0.7 percent in the fourth quarter of 2015, according to the "advance" estimate.. In the third quarter, real GDP increased 2.0 percent.

The fourth-quarter advance estimate released today is based on source data that are incomplete or subject to further revision…

The increase in real GDP in the fourth quarter primarily reflected positive contributions from personal consumption expenditures (PCE), residential fixed investment, and federal government spending that were partly offset by negative contributions from private inventory investment, exports, and nonresidential fixed investment. Imports, which are a subtraction in the calculation of GDP, increased.

The deceleration in real GDP in the fourth quarter primarily reflected a deceleration in PCE and downturns in nonresidential fixed investment, in exports, and in state and local government spending that were partly offset by a smaller decrease in private inventory investment, a deceleration in imports, and an acceleration in federal government spending.

Please visit this link to read the full report: USDOCCensus

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


28 January 2016

• U.S. Average Retail Gasoline and Diesel Fuel Prices — 25 January 2016


Regular Gasoline: The U.S. average regular gasoline retail price fell six cents from the previous week to $1.86 per gallon on January 25, 2016, 19 cents lower than the same time last year. The Midwest price was down eight cents to $1.63 per gallon. The West Coast price decreased six cents to $2.46 per gallon. The Rocky Mountain price decreased five cents to $1.86 per gallon. The Gulf Coast and East Coast prices each decreased four cents to $1.63 per gallon and $1.87 per gallon, respectively.

Diesel Fuel: The U.S. average diesel fuel price decreased four cents to $2.07 per gallon, down 80 cents from the same time last year. The Rocky Mountain and Gulf Coast prices each fell six cents per gallon to $2.02 per gallon and $1.96 per gallon, respectively. The Midwest price was down four cents to $1.99 per gallon. The West Coast and East Coast prices decreased three cents to $2.33 per gallon and $2.14 per gallon, respectively.

Please visit this link to read the full report: USEnergyInformationAdministration

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/

• U.S. Union Membership — 2015

The union membership rate--the percent of wage and salary workers who were members of unions--was 11.1 percent in 2015, unchanged from 2014. The number of wage and salary workers belonging to unions, at 14.8 million in 2015, was little different from 2014. In 1983, the first year for which comparable union data are available, the union membership rate was 20.1 percent, and there were 17.7 million union workers.

Highlights from the 2015 data:

• Public-sector workers had a union membership rate (35.2 percent) more than five times higher than that of private-sector workers (6.7 percent).

• Workers in protective service occupations and in education, training, and library occupations had the highest unionization rates (36.3 percent and 35.5 percent, respectively).

• Men continued to have a slightly higher union membership rate (11.5 percent) than women (10.6 percent).

• Black workers were more likely to be union members than were White, Asian, or Hispanic workers.

• Median weekly earnings of nonunion workers ($776) were 79 percent of earnings for workers who were union members ($980). (The comparisons of earnings in this release are on a broad level and do not control for many factors that can be important in explaining earnings differences.)

• Among states, New York continued to have the highest union membership rate (24.7 percent), while South Carolina had the lowest (2.1 percent).

Please visit this link to read the full report: 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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Projected Salaries Master's, Doctoral Degree Graduates — 2016

“Engineering graduates are projected to be the highest-paid at the master's degree level for the Class of 2016, while computer science majors have the top projected salary at the doctoral level, according to a new report from the National Association of Colleges and Employers (NACE).

”NACE's Winter 2016 Salary Survey report shows that the average overall salary projection for Class of 2016 engineering graduates at the master's degree level is $73,871, up from the projected $69,698 for Class of 2015 graduates.

”This year's computer science master's degree graduates follow closely with an overall average salary projection of $72,080—which is 1.3 percent higher than the projected average of $71,140 for the Class of 2015.

”Business majors earning master's degrees are also seeing a higher average salary projection this year of $71,663, which is up 5.5 percent from last year's average of $67,890….”

Please visit this link to read the full report: NACE

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Advance Report on Durable Goods Manufacturers’ Shipments, Inventories and Orders — December 2015

New orders for manufactured durable goods in December decreased $12.0 billion or 5.1 percent to $225.4 billion. This decrease, down four of the last five months, followed a 0.5 percent November decrease. Excluding transportation, new orders decreased 1.2 percent. Excluding defense, new orders decreased 2.9 percent.

Transportation equipment, also down four of the last five months, led the decrease, $10.1 billion or 12.4 percent to $71.3 billion.

Please visit this link to read the full report: USDOCCensus

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Initial Unemployment Claims — 23 January 2016


In the week ending January 23, the advance figure for seasonally adjusted initial claims was 278,000, a decrease of 16,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 293,000 to 294,000.

The 4-week moving average was 283,000, a decrease of 2,250 from the previous week's revised average. The previous week's average was revised up by 250 from 285,000 to 285,250.

The advance seasonally adjusted insured unemployment rate was 1.7 percent for the week ending January 16, an increase of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending January 16 was 2,268,000, an increase of 49,000 from the previous week's revised level.

The highest insured unemployment rates in the week ending January 9 were in Alaska (4.8), West Virginia (3.5), Montana (3.3), Puerto Rico (3.3), New Jersey (3.2), Pennsylvania (3.2), Connecticut (3.0), Illinois (2.8), Wyoming (2.8), California (2.7), and Massachusetts (2.7).

The largest increases in initial claims for the week ending January 16 were in California (+16,425), Puerto Rico (+1,771), Oregon (+192), and the Virgin Islands (+4), while the largest decreases were in New York (-17,476), Pennsylvania (- 15,349), Georgia (-11,141), Missouri (-7,446), and Texas (-7,132).

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


27 January 2016

• U.S. New Home Sales — December 2015

Sales of new single-family houses in December 2015 were at a seasonally adjusted annual rate of 544,000. This is 10.8 percent (±17.1%) above the revised November rate of 491,000 and is 9.9 percent (±25.0%) above the December 2014 estimate of 495,000.

The median sales price of new houses sold in December 2015 was $288,900; the average sales price was $346,400. The seasonally adjusted estimate of new houses for sale at the end of December was 237,000. This represents a supply of 5.2 months at the current sales rate.

An estimated 501,000 new homes were sold in 2015. This is 14.5 percent (±4.5%) above the 2014 figure of 437,000.

Please visit this link to read the full report: USDOCCensus

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


26 January 2016

• U.S. Regional and State Employment and Unemployment — December 2015

Regional and state unemployment rates were little changed in December. Twenty-five states had unemployment rate decreases from November, 14 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, while eight states had increases.

Nonfarm payroll employment increased in 36 states and the District of Columbia, and decreased in 14 states. The largest over-the-month increases in employment occurred in California (+60,400), Texas (+24,900), and Florida (+21,900). The largest over-the-month decreases in employment occurred in Illinois (-16,300), Oklahoma (-5,100), and North Dakota (-4,000).

Please visit this link to read the full report: 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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


25 January 2016

• U.S. Business Economists Report on Economy — January 2016

“Wage and salary increases are becoming more widespread, according to panelists in the January 2016 NABE Business Conditions Survey, even as sales growth and hiring at their firms flatten and they trim their expectations for expansion in the overall economy…

“Nearly half of respondents—the largest share in over a decade—say their firms had increased pay in the past three months, and an even higher share anticipates pay to go up in the first quarter of 2016.

”Meanwhile, there was little change in the percentage of respondents whose firms experienced—or expect—a quarterly increase in sales or employment. For the first time in three years, more than a quarter of panelists expect real gross domestic product to increase by just 2% or less in the next four quarters….”

Please visit this link to read the full report: NationalAssociationBusinessEconomics

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


22 January 2016

• U.S. Median Weekly Earnings — Q4 2015

Median weekly earnings were $825 in the fourth quarter of 2015. Women who usually worked full time had median weekly earnings of $729, or 80.4 percent of the $907 median for men...

Among the major race and ethnicity groups, median weekly earnings for black men working at full-time jobs were $674 per week, or 72.4 percent of the median for white men ($931). The difference was less among women, as black women's median earnings ($621) were 83.4 percent of those for white women ($745). Overall, median earnings of Hispanics ($624) and blacks ($643) who worked full time were lower than those of whites ($847) and Asians ($1,091)....

Please visit this link to read the full report: 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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Leading Indicators — December 2015

“The Conference Board Leading Economic Index® (LEI) for the U.S. declined 0.2 percent in December to 123.7 (2010 = 100), following a 0.5 percent increase in both November and October.

“’The U.S. LEI fell slightly in December, led by a drop in housing permits and weak new orders in manufacturing,’ said Ataman Ozyildirim, Director of Business Cycles and Growth Research at The Conference Board. ‘However, the index continues to suggest moderate growth in the near-term despite the economy losing some momentum at the end of 2015. While the LEI’s growth rate has been on the decline, it’s too early to interpret this as a substantial rise in the risk of recession….’”

Please visit this link to read the full report: TheConferenceBoard

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Existing Home Sales — December 2015

“Total existing-home sales1, which are completed transactions that include single-family homes, townhomes, condominiums and co-ops, ascended 14.7 percent to a seasonally adjusted annual rate of 5.46 million in December from 4.76 million in November.

”After last month's turnaround (the largest monthly increase ever recorded), sales are now 7.7 percent above a year ago.…”

Please visit this link to read the full report: NationalAssociationRealtors

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


21 January 2016

• U.S. Average Retail Gasoline and Diesel Fuel Prices — 18 January 2016


Regular Gasoline: The U.S. average retail regular gasoline price fell eight cents from last week to $1.91 on January 18, down 15 cents per gallon from the same time last year. The West Coast and Midwest prices were each down 11 cents to $2.52 per gallon and $1.71 per gallon, respectively. The East Coast price decreased seven cents to $1.91 per gallon. The Gulf Coast price decreased six cents to $1.67 per gallon, followed by the Rocky Mountain price, down four cents to $1.91 per gallon.

Diesel Fuel: The U.S. average diesel fuel price decreased seven cents from the previous week to $2.11 per gallon, down 82 cents from the same time last year. The Midwest, Gulf Coast, and West Coast prices each fell seven cents to $2.02 per gallon, $2.01 per gallon, and $2.36 per gallon, respectively. The Rocky Mountain and East Coast prices decreased six cents to $2.08 per gallon and $2.17 per gallon, respectively.

Please visit this link to read the full report: USEnergyInformationAdministration

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/

• U.S. Science, Math, Computer Engineering Grad Salaries — Winter 2015-16

“NACE's Winter 2016 Salary Survey report indicates that the overall average salary for bachelor's degree graduates earning engineering degrees is projected to be $64,891, up 3 percent over the average salary projection of $62,998 for engineering graduates from the Class of 2015. (See Figure 1.)

”The computer sciences fields are second in terms of starting salary, with an overall average starting salary projected at $61,321. Two of the three reported computer science disciplines also top the $60,000 mark, while the third—information science and systems—falls just below that mark at $59,810.…”

Please visit this link to read the full report: NACE

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• 2015 Warmest Year Globally

“Last year shattered 2014’s record to become the hottest year since reliable record-keeping began, two U.S. government science agencies announced Wednesday in yet another sign that the planet is heating up.

“2015’s sharp spike in temperatures was aided by a strong El Niño weather pattern late in the year that caused ocean waters in the central Pacific to heat up. But the unusual warming started early and steadily gained strength in a year in which 10 of 12 months set records, scientists said.….”

Please visit this link to read the full article: WashingtonPost

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Initial Unemployment Claims — 16 January 2016


In the week ending January 16, the advance figure for seasonally adjusted initial claims was 293,000, an increase of 10,000 from the previous week's revised level. The previous week's level was revised down by 1,000 from 284,000 to 283,000.

The 4-week moving average was 285,000, an increase of 6,500 from the previous week's revised average. The previous week's average was revised down by 250 from 278,750 to 278,500.

The advance seasonally adjusted insured unemployment rate was 1.6 percent for the week ending January 9, 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 January 9 was 2,208,000, a decrease of 56,000 from the previous week's revised level.

The highest insured unemployment rates in the week ending January 2 were in Alaska (4.6), New Jersey (3.5), Pennsylvania (3.4), Connecticut (3.2), Montana (3.2), West Virginia (3.2), Illinois (2.8), Massachusetts (2.8), Minnesota (2.8), and Rhode Island (2.8).

The largest increases in initial claims for the week ending January 9 were in California (+17,371), Texas (+13,399), New York (+6,819), Georgia (+5,901), and Missouri (+5,892), while the largest decreases were in Iowa (-2,737), Kentucky (- 1,790), Minnesota (-1,031), New Jersey (-698), and Michigan (-591).

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


20 January 2016

• U.S. Real Earnings – April 2015


For the Month: Real average hourly earnings for all employees increased 0.1 percent from November to December, seasonally adjusted. This result stems from no change in average hourly earnings combined with a 0.1-percent decrease in the Consumer Price Index for All Urban Consumers (CPI-U).

Real average weekly earnings increased 0.1 percent over the month due to the increase in real average hourly earnings combined with no change in the average workweek.

For the Year: Real average hourly earnings increased 1.8 percent, seasonally adjusted, from December 2014 to December 2015. This increase in real average hourly earnings combined with a 0.3-percent decrease in the average workweek resulted in a 1.6-percent increase in real average weekly earnings over this period.

Please visit this link to read the full report: 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.

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Consumer Price Index — December 2015

• CPI-U: The Consumer Price Index for All Urban Consumers increased 0.7 percent over the last 12 months to an index level of 236.525 (1982-84=100). For the month, the index declined 0.3 percent prior to seasonal adjustment.

• CPI-W: The Consumer Price Index for Urban Wage Earners and Clerical Workers increased 0.4 percent over the last 12 months to an index level of 230.791 (1982-84=100). For the month, the index declined 0.4 percent prior to seasonal adjustment.

C-CPI-U: The Chained Consumer Price Index for All Urban Consumers increased 0.3 percent over the last 12 months. For the month, the index declined 0.5 percent on a not seasonally adjusted basis. Please note that the indexes for the past 10 to 12 months are subject to revision.

Please visit this link to read the full report: 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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Housing Starts — December 2015

Privately-owned housing starts in December were at a seasonally adjusted annual rate of 1,149,000. This is 2.5 percent (±8.6%) below the revised November estimate of 1,179,000, but is 6.4 percent (±12.2%) above the December 2014 rate of 1,080,000.

Single-family housing starts in December were at a rate of 768,000; this is 3.3 percent (±8.5%) below the revised November figure of 794,000. The December rate for units in buildings with five units or more was 365,000.

An estimated 1,111,200 housing units were started in 2015. This is 10.8 percent (±2.9%) above the 2014 figure of 1,003,300.

Please visit this link to read the full report: USDOCCensus

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


15 January 2016

• U.S. Business Sales, Inventories — November 2015

Sales. The combined value of distributive trade sales and manufacturers’ shipments for November, adjusted for seasonal and trading-day differences but not for price changes, was estimated at $1,313.5 billion, down 0.2 percent (±0.2%)* from October 2015 and was down 2.8 percent (±0.5%) from November 2014.

Inventories. Manufacturers’ and trade inventories, adjusted for seasonal variations but not for price changes, were estimated at an end-of-month level of $1,809.8 billion, down 0.2 percent (±0.1%) from October 2015, but were up 1.6 percent (±0.5%) from November 2014.

Inventories/Sales Ratio. The total business inventories/sales ratio based on seasonally adjusted data at the end of November was 1.38. The November 2014 ratio was 1.32.

Please visit this link to read the full report: USDOCCensus

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Industrial Production — December 2015

Industrial production declined 0.4 percent in December, primarily as a result of cutbacks for utilities and mining.

For the fourth quarter as a whole, industrial production fell at an annual rate of 3.4 percent. Manufacturing output edged down in December. The index for utilities dropped 2.0 percent, as continued warmer-than-usual temperatures reduced demand for heating.

Capacity utilization for the industrial sector decreased 0.4 percentage point in December to 76.5 percent, a rate that is 3.6 percentage points below its long-run (1972–2014) average.

Please visit this link to read the full report: Federal Reserve

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Retail Sales — December 2015

U.S. retail and food services sales for December, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $448.1 billion, a decrease of 0.1 percent (±0.5%) from the previous month, and 2.2 percent (±0.7%) above December 2014. Total sales for the 12 months of 2015 were up 2.1 percent (±0.4%) from 2014.

Total sales for the October 2015 through December 2015 period were up 1.8 percent (±0.5%) from the same period a year ago. The October 2015 to November 2015 percent change was revised from up 0.2 percent (±0.5%)* to up 0.4 percent (±0.2%)

Please visit this link to read the full report: USDOCCensus

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Producer Price Index — December 2015

The Producer Price Index for final demand decreased 0.2 percent in December. Final demand prices increased 0.3 percent in November and fell 0.4 percent in October.

Prices for final demand goods declined 0.7 percent and the index for final demand services advanced 0.1 percent.

Please visit this link to read the full report: 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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


14 January 2016

• U.S. Initial Unemployment Claims — 09 January 2016


InIn the week ending January 9, the advance figure for seasonally adjusted initial claims was 284,000, an increase of 7,000 from the previous week's unrevised level of 277,000. The 4-week moving average was 278,750, an increase of 3,000 from the previous week's unrevised average of 275,750.

The advance seasonally adjusted insured unemployment rate was 1.7 percent for the week ending January 2, an increase of 0.1 percentage point from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending January 2 was 2,263,000, an increase of 29,000 from the previous week's revised level.

The highest insured unemployment rates in the week ending December 26 were in Alaska (4.9), Montana (3.2), New Jersey (2.9), Pennsylvania (2.8), West Virginia (2.8), Connecticut (2.7), Illinois (2.6), Minnesota (2.6), Wyoming (2.6), Massachusetts (2.5), Nevada (2.5), and Rhode Island (2.5).

The largest increases in initial claims for the week ending January 2 were in New York (+15,090), Georgia (+12,139), Pennsylvania (+11,216), Alabama (+3,272), and Wisconsin (+3,266), while the largest decreases were in Illinois (- 3,633), California (-2,191), Puerto Rico (-1,718), Ohio (-1,428), and Maryland (-1,061).

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


13 January 2016

• U.S. Treasury Budget — December 2015

“The government's deficit, unlike last year, is on the rise, up 22 percent at $215.6 billion three months into fiscal year 2016.…”

Please visit this link to read the full report: WallStreetJournal

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Average Retail Gasoline and Diesel Fuel Prices — 11 January 2016


Regular Gasoline: The U.S. average retail price for regular gasoline fell three cents from the previous week to $1.996 [sic] per gallon on January 11, 2016, 14 cents lower than the same time last year and the first time since March 2009 that the U.S. average was below $2.00 per gallon. The Midwest price fell four cents to $1.82 per gallon. The West Coast and East Coast prices each decreased three cents to $2.63 per gallon and $1.97 per gallon, respectively. The Gulf Coast and Rocky Mountain prices both decreased two cents to $1.73 per gallon and $1.95 per gallon, respectively.

Diesel Fuel: The U.S. average diesel fuel price decreased three cents from the prior week to $2.18 per gallon, 88 cents lower than the same time last year. The Rocky Mountain price was down six cents to $2.13 per gallon. The West Coast price decreased four cents to $2.43 per gallon. The East Coast, Midwest, and Gulf Coast prices all decreased three cents to $2.23 per gallon, $2.10 per gallon, and $2.08 per gallon, respectively.<

Please visit this link to read the full report: USEnergyInformationAdministration

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/

12 January 2016

• U.S. Job Openings, Hires, Turnover, Quits — November 2015


• There were 4.972 million job openings [all data NSA] on the last business day of November, up 11.7% from the same month a year ago; the job openings rate was 3.3%.

• Hires were 4.817 million, up 3.0% from the same month in 2014; the hires rate was 3.3%.

• Total separations were 4.281 million up 5.5% in the last 12 months. This yielded a “turnover” rate of 3.0% for the month…an annual equivalent of 36.0%.

• Within total separations, the 2.352 million quits [up 7.1%] yielded a quit rate of 1.6% percent and 1.612 million layoffs and discharges [up 7.1%] yielded a rate of 1.1%.

[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."

Please visit this link to read the full report: 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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


08 January 2016

• U.S. Wholesale Trade — November 2015

Sales. November 2015 sales of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations and trading-day differences but not for price changes, were $442.8 billion, down 1.0 percent (+/-0.5%) from the revised October level and were down 4.6 percent (+/-1.4%) from the November 2014 level.

Inventories. Total inventories of merchant wholesalers after adjustment for seasonal variations but not for price changes, were $582.9 billion at the end of November, down 0.3 percent (+/-0.4%)* from the revised October level, but were up 2.2 percent (+/-1.6%) from the November 2014 level.

Inventories/Sales Ratio. The November inventories/sales ratio for merchant wholesalers based on seasonally adjusted data, was 1.32. The November 2014 ratio was 1.23.

Please visit this link to read the full report: USDOC-Census

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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/


• U.S. Employment Situtation — December 2015

Total nonfarm payroll employment rose by 292,000 in December, and the unemployment rate was unchanged at 5.0 percent.

Employment gains were led by professional and business services, construction, health care, and food services and drinking places. Mining employment continued to decline.

Please visit this link to read the full report: 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.

© 2015 Connecticut Human Resource Reports, LLC

URL: http://connecticuthumanresources.blogspot.com/