employment

ADP Employment Report Shows 215,000 Private Sector Jobs Gained in December 2012

ADP's proprietary private payrolls jobs report shows a gained of 215,000 private sector jobs for December 2012. The effects of superstorm Sandy resulted in a monthly 39,000 construction jobs boom. Last month Sandy caused an estimated 86,000 jobs to be lost even though ADP's November payrolls were revised up by 30,000 to 148,000.

America's Payrolls add 146,000 Jobs for November 2012

The BLS unemployment report shows total nonfarm payroll jobs gained were 146,000 for November 2012. But there is hidden bad news in this report. October payroll gains were revised down, from 171,000 to 138,000. September payrolls were also revised down from 148,000 to 132,000. The below graph shows the monthly change in nonfarm payrolls employment.

 

ADP Employment Report Shows 118,000 Private Sector Jobs Gained for November 2012

ADP, released their proprietary private payrolls jobs report for November 2012. This month ADP is reporting a gain of 118,000 private sector jobs. As expected, superstorm Sandy cost 86,000 estimated job losses. Graphed below are the reported private sector jobs from ADP. This report does not include government, or public jobs.

 

JOLTS - There were 3.4 People Looking for a Job for each Position Available in September 2012

The BLS September JOLTS report, or Job Openings and Labor Turnover Survey shows there are 3.4* official unemployed per job opening. Opportunities, actual hires and layoffs were all down, showing a stagnant, dead pool job market. While openings decreased by -2.7%, actual hires declined by -5.7%.

The Details of the October 2012 Employment Report Show Payrolls Paint Not Such a Rosy Picture

The BLS unemployment report shows total nonfarm payroll jobs gained were 171,000 for October 2012. September payrolls were revised from 114,000 to 148,000 and August was also revised upward, from 142,000 to 192,000. The below graph shows the monthly change in nonfarm payrolls employment.

 

ADP Employment Report Says 158,000 Private Sector Jobs Gained for October 2012

ADP, released their proprietary private payrolls jobs report for October 2012. This month ADP is reporting a gain of 158,000 private sector jobs and starting with this month, Graphed below are the reported private sector jobs from ADP. This report does not include government, or public jobs.

 

Job JOLTS - There 3.5 People Looking for a Job for each Position Available in August 2012

The BLS JOLTS report, or Job Openings and Labor Turnover Survey describes the pathetic job market. Once again, little has changed, the never ending drum beat and mantra of our dead in the water labor market never ceases. The August 2012 statistics show there were 3.52 official unemployed persons for every position available*.

Exploring the Wild, Weird World of Employment Numbers From Statistical Space

It's like someone pulled the unemployment rate out of a Star Trek transporter, as if America entered a time warp machine and we moved to another dimension through a worm hole. A 0.3 percentage point drop to 7.8% makes no sense when there were only 114,000 jobs added. Captain, can the unemployment rate be right and we really did defy the laws of statistics?

We want to point to something which might in part explain what happened this month with the household survey statistics. That is how long someone holds a job. We don't have monthly statistics on job tenure, yet it could very well be that finally, people are working longer at a job. The never ending Schindler's List attitude towards U.S. workers may have abated. The U.S. has disposable worker syndrome, where people are laid off and fired for no damn good reason at all. It's a fact of the American work life while one has a job one week, there is no guarantee one will have a job the next.

To wit, let's look at another obscure BLS statistic, labor force status flows. This is the number of people flowing from being in the labor force, out of the labor force, employed and unemployed on a monthly basis. Below is a graph of the monthly changes of people who moved into employment from already having a job, not being counted at all, or being part of the official unemployed since 2006.

flows to employment

ADP Employment Report Shows 162,000 Private Sector Jobs for September 2012

ADP, released their proprietary private payrolls jobs report for September 2012. This month ADP is reporting a gain of 162,000 private sector jobs. August 2012 was revised down by 12,000 to 189,000 private payrolls gains. In stark contrast, the BLS reported 103,000 private sector jobs for August 2012.

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