employment

Job JOLTS - There are 4.22 Official Unemployed Per Job Opening in November 2011

JOLTS stands for Job Openings and Labor Turnover Survey. The November 2011 statistics show there were 4.22 official unemployed people hunting for a job to every position available*. There were 3,161,000 job openings for November 2011, a decrease of -1.95%, from the previous month of 3,224,000.

ADP Employment Report - 206,000 Private Sector Jobs for November 2011

ADP, released their proprietary private payrolls jobs report. This month ADP is reporting a gain of 206,000 private sector jobs in November. October 2011 was revised up from 110,000 to 130,000. In October, the BLS reported 104,000 private sector jobs. Below are the reported private sector jobs from ADP.

ADP Employment Report - 110,000 Private Sector Jobs for October 2011

ADP, released their proprietary private payrolls jobs report. This month ADP is reporting a gain of 110,000 private sector jobs in October. September 2011 was revised up from 91,000 to 116,000. In September, the BLS reported 137,000 private sector jobs, or 82,000 if one removes returning striking Verizon workers.

ADP Employment Report - 91,000 Private Sector Jobs for September 2011

ADP, released their proprietary private payrolls September jobs report. This month ADP is reporting a gain of 91,000 private sector jobs in September. August 2011 was revised down to 89,000, from 91,000. In August, the BLS reported 17,000 private sector jobs. Below are the reported private sector jobs from ADP.

Job JOLTS - Job Openings for June 2011

JOLTS stands for Job Openings and Labor Turnover Survey. The June 2011 statistics show there were 4.53 official unemployed people hunting for a job to every position available. There were only 3,109,000 job openings for June 2011, almost the same, +2.47%, from the previous month of 3,034,000. The change is flat from last month, an absolutely horrific jobs market.

July 2011 Employment Disappoints But Stops Chicken Little in His Tracks

The July unemployment report is yet another disappointment, with not enough jobs to keep up with population growth. The jobs situation has been dismal for 43 months or over three and a half years. Yet those thinking Economic Armageddon Redux was suddenly upon us, literally crashing the BLS server to get the news, were sorely mistaken.

Earlier we reviewed the July 2011 BLS employment ratios. While not the Armageddon Wall Street was expecting, it's clear the job crisis has not dissipated. Both June and May new jobs numbers were revised upward, but not enough.

The change in total nonfarm payroll employment for May was revised from +25,000 to +53,000, and the change for June was revised from +18,000 to +46,000.

Let's drill down deeper into the numbers to show just how badly America needs good jobs.

There are 13,931,000 people officially unemployed, and if one takes the alternative measure of unemployment, it's 24.7 million.

ADP Employment Report 114,000 Private Sector Jobs for July 2011

ADP, a private organization, released their private payrolls jobs report. This month ADP is reporting a gain of 114,000 private sector jobs in July 2011. June was revised down to 145,000, in stark contrast to the BLS reported 57,000 private sector jobs. Below are the reported private sector jobs from ADP.

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