| In the week ending November 7, the advance figure for seasonally adjusted initial claims was 276,000, unchanged
from the previous week's unrevised level. The 4-week moving average was 267,750, an increase of 5,000 from the previous week's unrevised average of 262,750. The advance seasonally adjusted insured unemployment rate was 1.6 percent for the week ending October 31, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending October 31 was 2,174,000, an increase of 5,000 from the previous week's revised level. The highest insured unemployment rates in the week ending October 24 were in Puerto Rico (3.3), Alaska (3.1), the Virgin Islands (2.9), New Jersey (2.3), California (2.1), Connecticut (2.0), Nevada (2.0), Pennsylvania (2.0), West Virginia (1.9), and Illinois (1.8). The largest increases in initial claims for the week ending October 31 were in Michigan (+3,942), California (+2,150), Illinois (+1,796), Wisconsin (+1,544), and Ohio (+1,198), while the largest decreases were in New York (-777), South Carolina (-571), Idaho (-372), Georgia (-365), and Tennessee (-316). 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/ |
12 November 2015
• U.S. Initial Unemployment Claims — 07 November 2015
10 November 2015
• U.S. Wholesale Trade: Sales and Inventories — September 2015
Inventories. Total inventories of merchant wholesalers...were $588.1 billion at the end of September, up 0.5 percent (+/-0.4%) from the revised August level and were up 4.7 percent (+/-1.6%) from the September 2014 level.
Inventories/Sales Ratio. The September inventories/sales ratio for merchant wholesalers, except manufacturers’ sales branches and offices, based on seasonally adjusted data, was 1.31. The September 2014 ratio was 1.20.
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. Labor Market Conditions Index — October 2015
Labor market conditions are improving with the Index rising to plus 1.6 in October vs a revised 1.3 in September. In October 2014 the Index stood at 6.0. 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. © 2015 Connecticut Human Resource Reports, LLC |
06 November 2015
• U.S. Employment Situation — October 2015
• Both the unemployment rate (5.0 percent) and the number of unemployed persons (7.9 million) were essentially unchanged in October. Over the past 12 months, the unemployment rate and the number of unemployed persons were down by 0.7 percentage point and 1.1 million, respectively.
• Among the major worker groups, the unemployment rates for adult men (4.7 percent), adult women (4.5 percent), teenagers (15.9 percent), whites (4.4 percent), blacks (9.2 percent), Asians (3.5 percent), and Hispanics (6.3 percent) showed little or no change in October.
• Total nonfarm payroll employment increased by 271,000 in October. Over the prior 12 months, employment growth had averaged 230,000 per month. In October, job gains occurred in professional and business services, health care, retail trade, food services and drinking places, and construction.
• The average workweek for all employees on private nonfarm payrolls remained at 34.5 hours in October. The manufacturing workweek edged up by 0.1 hour to 40.7 hours, and factory overtime edged up by 0.1 hour to 3.3 hours. The average workweek for production and nonsupervisory employees on private nonfarm payrolls edged up by 0.1 hour to 33.7 hours.
• Average hourly earnings for all employees on private nonfarm payrolls rose by 9 cents to $25.20, following little change in September (+1 cent). Hourly earnings have risen by 2.5 percent over the year. Average hourly earnings of private-sector production and nonsupervisory employees increased by 9 cents to $21.18 in October.
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/
05 November 2015
• U.S. Productivity, Unit Labor Costs Rise — Q3 2015
• In manufacturing, productivity increased 4.9 percent and unit labor costs increased 0.9 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. Initial Unemployment Claims — 31 October 2015
| In the week ending October 31, the advance figure for seasonally adjusted initial claims was 276,000, an increase of
16,000 from the previous week's unrevised level of 260,000. The 4-week moving average was 262,750, an increase of 3,500 from the previous week's unrevised average of 259,250. The advance seasonally adjusted insured unemployment rate was 1.6 percent for the week ending October 24, unchanged from the previous week's unrevised rate. The advance number for seasonally adjusted insured unemployment during the week ending October 24 was 2,163,000, an increase of 17,000 from the previous week's revised level. The highest insured unemployment rates in the week ending October 17 were in Puerto Rico (3.2), the Virgin Islands (3.2), Alaska (3.0), New Jersey (2.3), California (2.1), Connecticut (2.0), Nevada (2.0), Pennsylvania (2.0), West Virginia (1.9), and Illinois (1.7). The largest increases in initial claims for the week ending October 24 were in California (+2,269), New York (+1,853), Pennsylvania (+1,351), New Jersey (+1,323), and Illinois (+1,243), while the largest decreases were in Michigan (- 2,600), South Carolina (-1,181), Kentucky (-214), Missouri (-104), and Delaware (-88). 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/ |
04 November 2015
• U.S. Average Retail Gasoline and Diesel Fuel Prices — 02 November 2015
Diesel Fuel: The U.S. average diesel fuel price declined one cent to $2.49 per gallon, down $1.14 per gallon from the same time last year. The Midwest price decreased two cents to $2.52 per gallon. The East Coast, Gulf Coast, Rocky Mountain and West Coast prices all decreased one cent to $2.49 per gallon, $2.29 per gallon, $2.50 per gallon, and $2.70 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