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Nonfarm business sector labor productivity increased at a 1.3 percent annual
rate during the second quarter of 2015 as output increased 2.8 percent and hours worked increased
1.5 percent. (All quarterly percent changes in this release are seasonally
adjusted annual rates.) From the second quarter of 2014 to the second quarter
of 2015, productivity increased 0.3 percent, reflecting increases in output
and hours worked of 2.8 percent and 2.6 percent, respectively.
Unit labor costs in the nonfarm business sector increased 0.5 percent in the second quarter of 2015, reflecting a 1.8 percent increase in hourly compensation and a 1.3 percent increase in productivity. Unit labor costs increased 2.1 percent over the last four quarters….” 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 |
11 August 2015
• U.S. Labor Productivity & Costs — Q2 2015
10 August 2015
• U.S. Manufacturing Employment Index — July 2015
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“ISM®’s Employment Index registered 52.7 percent in July, which is a decrease of 2.8 percentage points when compared to the 55.5 percent reported in June, indicating growth in employment for the third consecutive month. An Employment Index above 50.6 percent, over time, is generally consistent with an increase in the Bureau of Labor Statistics (BLS) data on manufacturing employment.
”Of the 18 manufacturing industries, in July, 10 industries reported employment growth in the following order: Textile Mills; Printing & Related Support Activities; Paper Products; Electrical Equipment, Appliances & Components; Machinery; Furniture & Related Products; Food, Beverage & Tobacco Products; Transportation Equipment; Fabricated Metal Products; and Computer & Electronic Products. The five industries reporting a decrease in employment in July are: Petroleum & Coal Products; Primary Metals; Plastics & Rubber Products; Miscellaneous Manufacturing; and Chemical Products….” Please visit this link to read the full report: InstituteSupplyManagement 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 |
• U.S. Small Business Employment Report — July 2015
”The NFIB job openings and the rising percent of owners reporting finding qualified labor as their top buisness problem (now at 13 percent) indicate that labor markets are getting tighter. But a barrage of cost-raising reglations (health care, mandatory sick leave, family leave, overtime) are also pushing up compensation costs and crowding out the potential for gains in take-home pay….”
Please visit this link to read the full report: NationalFederationIndependentBusinesses
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
• U.S. Average Retail Gasoline and Diesel Fuel Prices — 05 August 2015
Diesel Fuel: The U.S. average diesel fuel price declined six cents from the prior week to $2.67 per gallon, $1.19 less than the same time last year. The Gulf Coast price decreased eight cents to $2.54 per gallon. The Midwest price declined six cents to $2.56 per gallon. The Rocky Mountain and West Coast prices both fell five cents, to $2.69 per gallon and $2.91 per gallon, respectively. The East Coast price was down four cents to $2.77 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.
© 2015 Connecticut Human Resource Reports, LLC
09 August 2015
• Outdoor Workers? West Nile Virus Skeeters Now in Six CT Towns
”The towns and locations of the sites, date of collection, number of mosquitoes tested, and virus isolations are listed.
”The total number tested this week: 147….”
Please visit this link to read the full report: ConnecticutAgriculturalExperimentStation
© 2015 Shoo-Fly Charters, LLC
07 August 2015
• U.S. Employment Situation — July 2015
Among the major worker groups, the unemployment rate for teenagers declined to 16.2 percent in July. The rates for adult men (4.8 percent), adult women (4.9 percent), whites (4.6 percent), blacks (9.1 percent), Asians (4.0 percent), and Hispanics (6.8 percent) showed little or no change.
The civilian labor force participation rate was unchanged at 62.6 percent in July, after declining by 0.3 percentage point in June. The employment-population ratio, at 59.3 percent, was also unchanged in July and has shown little movement thus far this year.
Total nonfarm payroll employment rose by 215,000 in July, compared with an average monthly gain of 246,000 over the prior 12 months. In July, job gains occurred in retail trade, health care, professional and technical services, and financial activities.
The average workweek for all employees on private nonfarm payrolls edged up by 0.1 hour to 34.6 hours in July. The manufacturing workweek for all employees also edged up by 0.1 hour to 40.7 hours, and factory overtime was unchanged at 3.4 hours. The average workweek for production and nonsupervisory employees on private nonfarm payrolls was unchanged at 33.7 hours.
In July, average hourly earnings for all employees on private nonfarm payrolls rose by 5 cents to $24.99. Over the year, average hourly earnings have risen by 2.1 percent. Average hourly earnings of private-sector production and nonsupervisory employees increased by 3 cents to $21.01 in July.
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
06 August 2015
• U.S. Pay Budgets — 2015 - 2016
Please visit this link to read the full report: SHRM
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