Nonfarm Payroll Employment in 2026: More Volatile?
If it seems that the BLS CES nonfarm payroll employment series has looked a bit more variable than usual, you might not be imagining it (although one would be very hard pressed to...
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If it seems that the BLS CES nonfarm payroll employment series has looked a bit more variable than usual, you might not be imagining it (although one would be very hard pressed to...
Matthew Boesler / Bloomberg: US Bureau of Labor Statistics data: employment in 18 AI-exposed occupations fell 0.2% between May 2024 and May 2025, while the broader US labor market...
Average Hourly Earnings in CPI deflated 2025$: Figure 1: Average hourly wage in CPI deflated 2025$ (bold black), Using Cleveland Fed nowcast (gray), using Bloomberg consensus (ligh...
MADISON – The Wisconsin Department of Workforce Development (DWD) today announced the following information for Wisconsin’s labor market, reflecting March 2026 preliminary estimate...
MADISON – The Wisconsin Department of Workforce Development today released U.S. Bureau of Labor Statistics estimates of employment and unemployment statistics for metropolitan area...
NFP up, but household survey series down. Figure 1: NFP employment (bold blue), civilian employment with smoothed population controls (bold orange), industrial production (red), pe...
The U.S. economy added 178,000 jobs in March 2026 as the labor market rebounded from February's steep drop, but rising long-term unemployment and ongoing federal workforce cuts com...
ADP down while BLS up. Aggregate hours down. Figure 1: Manufacturing employment from BLS CES (blue, left log scale), from ADP (red, left log scale), in 000’s, s.a., total hours in...
The originally reported 2025 employment estimates for New Jersey have been adjusted downward after annual benchmark revisions, based on U.S. Bureau of Labor Statistics. Preliminary...
I see a lot of ebullience in the wake of the March headline NFP number. I’m not so convinced (see here), and looking at other indicators buttresses my wariness. Figure 1: Nonfarm p...
America’s workforce is getting older faster than many people realize. Over the next decade, Americans age 75 and older who are still working are expected...
By Andrew Moran The U.S. labor market could be showing signs of heating up after the economy topped economists’ expectations. April payrolls rose by 115,000, from the previous mont...
Headline CPI has risen the least since 2025M01: Figure 1: Headline CPI (bold black), chained CPI, n.s.a. (green), CPI for wage earners and clerical workers (red), CPI-ex shelter (o...
Will April’s payrolls give the Fed any reason to rethink its higher-for-longer stance, or does the labor market stay too firm to budge?
The April 2026 jobs report delivered a clear warning: U.S. hiring is slowing fast. Employers added only 115,000 jobs last month, well short of expectations, while the three-month a...
CPI deflated and using AIER “Everyday Price Index”: Figure 1: Average hourly earnings deflated by CPI (blue), by AIER’s “Everyday Price Index” (EPI) (red), both in January 2025$. A...
Using today’s CPI release: Figure 1: Average hourly earnings deflated by CPI (blue), Cleveland Fed nowcast as of 5/11 (light blue +), by CPI-ex shelter (green), by AIER’s “Everyday...
Employers posted 6.87 million jobs in March, compared to 6.92 million in February, the Labor Department reported Tuesday.
The Beltway Buzz® is a weekly update summarizing labor and employment news from inside the Beltway and clarifying how what’s happening in Washington, D.C., could impact your busine...
The U.S. Bureau of Labor Statistics report surpassed economists' expectations, as the unemployment rate remained unchanged at 4.3%.
The 10 largest occupations in the U.S. account for more than 30 million workers.
Both strongly beat consensus. From the Fed’s G.17 Release today: Figure 1: NFP employment (bold blue), civilian employment with smoothed population controls (bold orange), industri...
Data released by the U.S. Bureau of Labor Statistics shows that workers are, on average, receiving lower pay raises than in previous years.
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