March payrolls data disappoints

The monthly nonfarm payrolls data for the month of March was released last Friday by the U.S. department of labor. Official data showed that the U.S. economy created the smallest pace of jobs in six months which was driven by mild weather. However, wage growth was seen strengthening only slightly which was seen as a positive sign amid a broadly ...

2018-04-13 John Benjamin Read more
US Jobs Report

Nonfarm productivity, measured as an output of goods and services produced per hour worked, declined at an annual rate of 0.50% in the second quarter, compared to the median estimates of an increase of 0.40%. The data from the US labor department released on Tuesday showed that compared to a year ago, US nonfarm productivity is down 0.40%, falli...

2016-08-10 John Benjamin Read more