Tag Archive for BLS

REAL TIME INSIGHT – BLS Pleasantly Surprises, What is Next?

The unemployment rate ticked down to 7.5%, the lowest it’s been since December 2008. This was made possible by 165,000 jobs created in April, according to the Labor Department. Estimates in the beginning of the week were for 155,000 jobs, but expectations came down throughout the week after the big disappointment in the ADP reading…

Zacks.com – Employment Trifecta?

After the better than expected ADP and unemployment claims reports, the BLS delivered a better than expected gain of 171,000 jobs in October versus expectations of roughly 123,000.gb August and September jobs were both revised higher adding roughly 84,000 between the two. Even with this seemingly positive data, the unemployment rate actually rose to 7.9%. …

Are Unemployment Benefits Excessive?

Jobless claims came in at 369,000, just below expectations of 371,000. This week’s reading was a welcome reduction after last week’s surprise jump. If you look at the average of new claims filed, the pace of firings has been little changed. This seems to indicate that employers are keeping things on the hiring side status…

Does the Jobs Number Even Matter?

  Friday morning at 8:30am, investors will know just how bad the employment situation in the US really is. The consensus among analysts is for 92,000 new jobs to be added to the economy; some estimates are higher than 100k, others are down around 60k. After reading countless articles, watching hours of CNBC, Fox and…

The Truth Behind Jobs Report Numbers

Jared Levy, Editor, Option Strategies Weekly Tuesday, 02 August 2011   If you are a long-time reader of Smart Investing Daily, you know my predictions on the monthly Bureau of Labor Statistics (BLS) jobs report are pretty accurate. The Bureau of Labor Statistics jobs report is released on the first Friday of every month, and…