April 2017

Employment Metrics and the Labor Participation Rate

The government records several measures of unemployment levels. The headline news value touts the unemployment rate at “X%”.  The government refers to this as the Official unemployment rate or U3. The U3 is defined as the total number of people without jobs (which occurs when people are without jobs and they have actively looked for work [...]

Employment by Industry

The total number of seasonally adjusted non-farm people employed in the US in February 2017 was 145.80 million. This figure was up 2.24 million (+1.56%) year on year and increased by of 235,000 month on month, (0.16%). The economy continues to create strong overall job growth, averaging 188,000 jobs per month over the past 12 [...]

Corporate Profits

Corporate profits (CP) increased by 0.5% quarter on quarter (q/q), in the fourth quarter of 2016. This after rising 5.8% over the previous three months. On year on year basis, CP advanced by a solid 9.3%. In dollar terms CP were 2,150 billion on a seasonally adjusted annual rate (SAAR). CP would have been stronger [...]