employment data

Despite the stronger-than-expected increase in non-farm payrolls last month, the Bureau of Labor Statistics’ June Employment Situation report indicated an overall cooling trend in the U.S. labor market. Significant downward revisions of 111,000 fewer payrolls in the previous two reports, an...

The COVID-19 pandemic has led to a seismic shift in the landscape of the American workforce, ushering in an era where remote and hybrid work arrangements have become the new standard.  This transformation has led to profound consequences, most notably an unprecedented surge in labor...

The Bureau of Labor Statistics is set to release the preliminary estimate of the upcoming annual benchmark revision to payroll data on Wednesday. The benchmark revision aligns jobs data with the precise Quarterly Census of Employment and Wages (QCEW), derived from state unemployment insurance...

Bond traders are preparing for a potentially volatile week as the release of important employment data looms. The employment data could drive the yields on 10-year treasuries closer to the 4% mark. Market experts believe reaching this level could entice investors toward government debt, ...

Truck transportation jobs rose by a solid number in August, with seasonally adjusted jobs rising faster than not seasonally adjusted. In the truck transportation sector as defined by the Bureau of Labor Statistics, seasonally adjusted jobs in August rose by 5,400, to 1,498,500 jobs. On a not...

Is adding 20,000 trucking jobs in just three months a lot of jobs or is it falling short given the current state of the freight market? That is a question that was raised by Aaron Terrazas of Convoy in analyzing the monthly employment numbers released Friday morning by the Bureau of Labor...

Rail employment headcount in October among the U.S. operations of the Class I railroads fell to its second lowest level in 2020, according to the latest data from the Surface Transportation Board. U.S. Class I railroads employed 116,804 workers in October, which is 13.2% lower from October 2019...

(Our initial News Alert can be found here).  The employment report for the transportation and warehousing sector in general and the truck transportation subsector specifically showed an industry that is firing on all cylinders. The number of jobs in the truck transportation sector climbed to 1,...

The number of employees working for the U.S. operations of the Class I railroads dropped 11.9% in March to 127,867 employees, according to data from the Surface Transportation Board (STB). The percentage change compares March 2020 with March 2019. All employee categories experienced year-over-...

Many investors brush off the weekly initial jobless claims data and don't pay too much attention to it. According to Bloomberg, these investors should rethink their approach and start paying very close attention to the data. Initial jobless claims are released like clockwork every Thursday morning...

On Tuesday and Wednesday, the Federal Reserve will meet for the last time in 2013. The final policy meeting of the year will provide further clarity on the hotly debated question of when, or if, the Fed will begin to scale back on its $85 billion-a-month bond buying program. In June, the Fed'...