05 October 2015

• U.S. Labor Market Conditions Index — September 2015


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.

© 2015 Connecticut Human Resource Reports, LLC

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


02 October 2015

• U.S. Full Report on Manufacturers’ Shipments, Inventories, and Orders — August 2015

New orders for manufactured goods in August, down following two consecutive monthly increases, decreased $8.2 billion or 1.7 percent to $473.0 billion. This followed a 0.2 percent July increase.

Shipments, down four of the last five months, decreased $3.2 billion or 0.7 percent to $480.1 billion. This followed a 0.2 percent July decrease.

Inventories, down two consecutive months, decreased $1.6 billion or 0.3 percent to $648.4 billion. This followed a 0.3 percent July decrease. The inventories

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. Employment Situation — September 2015

Total nonfarm payroll employment increased by 142,000 in September, and the unemployment rate was unchanged at 5.1 percent. Job gains occurred in health care and information, while mining employment fell.

The unemployment rate held at 5.1 percent, and the number of unemployed persons (7.9 million) changed little. Over the year, the unemployment rate and the number of unemployed persons were down by 0.8 percentage point and 1.3 million, respectively.

Among the major worker groups, the unemployment rates for adult men (4.7 percent), adult women (4.6 percent), teenagers (16.3 percent), whites (4.4 percent), blacks (9.2 percent), Asians (3.6 percent), and Hispanics (6.4 percent) showed little or no change in September.

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/


01 October 2015

• U.S. “Class of 2015: Students’ Post-Graduation Plans Hint at Improving Job Market”

“Although the movements are slight, the Class of 2015’s post-graduation plans reflect a gradual improvement in the college hiring market as nearly 61 percent of graduates plan to enter the work force, according to a recent report from the National Association of Colleges and Employers (NACE).

”The plans that graduating seniors have tend to be reflective of the state of the college hiring market. When students perceive the market to be healthy, they are more are likely to enter the work force immediately after graduation. Conversely, when they perceive the market to be weaker, the percentage planning to immediately go on to graduate school increases….”

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. Construction Spending — August 2015

Construction spending during August 2015 was estimated at a seasonally adjusted annual rate of $1,086.2 billion, 0.7 percent (±1.5%) above the revised July estimate of $1,079.1 billion. The August figure is 13.7 percent (±2.1%) above the August 2014 estimate of $955.0 billion.

During the first 8 months of this year, construction spending amounted to $683.4 billion, 9.8 percent (±1.3%) above the $622.4 billion for the same period 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. ISM Manufacturing Report — September 2015

“Economic activity in the manufacturing sector expanded in September for the 33rd consecutive month, and the overall economy grew for the 76th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

"The September PMI® registered 50.2 percent, a decrease of 0.9 percentage point from the August reading of 51.1 percent….”

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. Initial Unemployment Claims — 26 September 2015


In the week ending September 26, the advance figure for seasonally adjusted initial claims was 277,000, an increase of 10,000 from the previous week's unrevised level of 267,000.

The 4-week moving average was 270,750, a decrease of 1,000 from the previous week's unrevised average of 271,750.

The advance seasonally adjusted insured unemployment rate was 1.6 percent for the week ending September 19, 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 September 19 was 2,191,000, a decrease of 53,000 from the previous week's revised level.

The highest insured unemployment rates in the week ending September 12 were in Puerto Rico (3.4), the Virgin Islands (2.7), New Jersey (2.5), Alaska (2.4), California (2.2), Nevada (2.2), Pennsylvania (2.2), Connecticut (2.0), Illinois (1.9), and West Virginia (1.9).

The largest increases in initial claims for the week ending September 19 were in California (+3,725), Kansas (+2,739), Texas (+2,185), New York (+1,878), and Missouri (+960), while the largest decreases were in Wisconsin (-278), North Dakota (-180), Rhode Island (-129), Minnesota (-101), and Kentucky (-78).

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/