Staffing Industry Analysts reports:
U.S. initial claims for unemployment insurance rose by 37,000, or 8.7%, to 464,000 in the week ended July 17, according to seasonally adjusted numbers released today by the U.S. Department of Labor.
Jobless claims for the previous week, ended July 10, were revised down by 2,000 to 427,000.
The four-week moving average of claims for the week ended July 17 rose by 1,250, or 0.3%, from the previous week's revised average of 454,750.
USA Staffing Services:
So the moving average is up a sliver. Fair enough! :)
One thing should be clear: In this business landscape, EVERY advantage is a CRITICAL advantage. To gain a critical competitive advantage, check out our Web site today.
http://www.usastaffingservices.com/
Staffing Solutions for Staffing Companies - Analysis, Insight, Opportunity
Showing posts with label US Bureau of Labor Statistics. Show all posts
Showing posts with label US Bureau of Labor Statistics. Show all posts
Saturday, July 24, 2010
Tuesday, July 20, 2010
Nevada Still Trails Nation
As reported by Staffing Industry Analysts:
Nevada registered the highest jobless rate among all states in June at 14.2%, the U.S. Bureau of Labor Statistics reported today. It was the second month in a row Nevada posted the highest unemployment rate among states.
Michigan recorded the second-highest jobless rate among states in June at 13.2%. Michigan had posted the highest unemployment rate among states from April 2006 through April of this year before Nevada's jobless rate edged up.
Nevada's neighbor, California, registered the third-highest unemployment rate in June at 12.3%. It was followed by Rhode Island at 12.0%.
North Dakota posted the lowest jobless rate among states at 3.6% in June. South Dakota came next at 4.5% followed by Nebraska at 4.8%.
USA Staffing Services:
Hang in there Nevada!
www.usastaffingservices.com
Nevada registered the highest jobless rate among all states in June at 14.2%, the U.S. Bureau of Labor Statistics reported today. It was the second month in a row Nevada posted the highest unemployment rate among states.
Michigan recorded the second-highest jobless rate among states in June at 13.2%. Michigan had posted the highest unemployment rate among states from April 2006 through April of this year before Nevada's jobless rate edged up.
Nevada's neighbor, California, registered the third-highest unemployment rate in June at 12.3%. It was followed by Rhode Island at 12.0%.
North Dakota posted the lowest jobless rate among states at 3.6% in June. South Dakota came next at 4.5% followed by Nebraska at 4.8%.
USA Staffing Services:
Hang in there Nevada!
www.usastaffingservices.com
Thursday, July 15, 2010
Initial claims for unemployment drop
As reported by Staffing Industry Analysts, the most recent numbers from Bureau of Labor Statistics are still ... not bad.
"U.S. initial claims for unemployment insurance fell to 429,000 in the week ended July 10 on a seasonally adjusted basis, down 29,000 from the previous week's revised figure of 458,000, the U.S. Department of Labor reported today.
Reuters reported that analyst had anticipated claims would fall only to 450,000.
The four-week moving average of claims for the week ended July 10 fell to 455,250, down 11,750 from the previous week's revised average of 467,000.
Jobless claims for the week ended July 3 were revised up to 458,000, an increase of 4,000 from last week's initially reported number. Initial unemployment for the week ended July 3 were still down 17,000 from the prior week.
Florida posted the largest decline in jobless claims in the week ended July 3, down 3,586, amid fewer layoffs in the construction, trade, service and manufacturing industries as well as agriculture, according to new data from the Department of Labor."
USA Staffing Services:
Feeling like a bit of a broken record, repeating the mantra: going in the right direction. But eventually going in the right direction long enough can be a very good thing.
Over the coming months and years, more and more companies will rely on staffing firms to provide payrolling and other HR services, including recruiting. To gain a strategic advantage over your competitors, check out our Web site.
www.usastaffingservices.com
"U.S. initial claims for unemployment insurance fell to 429,000 in the week ended July 10 on a seasonally adjusted basis, down 29,000 from the previous week's revised figure of 458,000, the U.S. Department of Labor reported today.
Reuters reported that analyst had anticipated claims would fall only to 450,000.
The four-week moving average of claims for the week ended July 10 fell to 455,250, down 11,750 from the previous week's revised average of 467,000.
Jobless claims for the week ended July 3 were revised up to 458,000, an increase of 4,000 from last week's initially reported number. Initial unemployment for the week ended July 3 were still down 17,000 from the prior week.
Florida posted the largest decline in jobless claims in the week ended July 3, down 3,586, amid fewer layoffs in the construction, trade, service and manufacturing industries as well as agriculture, according to new data from the Department of Labor."
USA Staffing Services:
Feeling like a bit of a broken record, repeating the mantra: going in the right direction. But eventually going in the right direction long enough can be a very good thing.
Over the coming months and years, more and more companies will rely on staffing firms to provide payrolling and other HR services, including recruiting. To gain a strategic advantage over your competitors, check out our Web site.
www.usastaffingservices.com
Wednesday, July 7, 2010
Still heading in the right direction!
A nice little summary by Staffing Industry Analysts of the June employment data from the US Bureau of Labor Statistics.
"U.S. temporary help payrolls rose by 20,500 in June, according to seasonally adjusted numbers released today by the U.S. Bureau of Labor Statistics.
Total nonfarm payrolls fell by 125,000 to 137.5 million as the number of U.S. Census workers dropped by 225,000. However, the private sector added 83,000 jobs.
The unemployment rate fell to 9.5% in June from 9.7% in May.
U.S. temporary help payrolls totaled 2.1 million jobs in June with the increase of 20,500, according to the BLS. Temporary help payrolls had risen by 31,000 jobs in May and 23,300 in April based on revised numbers. The temporary help services category has added 379,000 jobs since the low of September 2009.
The temporary penetration rate rose to 1.61% in June from 1.59% in May. The number of temporary jobs in May was adjusted down by 3,200.
In June, the employment services category overall added 35,800 jobs for total employment of 2.8 million. The employment services category includes employment placement agencies, temporary help services, executive search services and professional employer organizations.
Healthcare added 9,000 jobs in June. It has gained 217,000 jobs over the past 12 months.
The transportation and warehousing category added 15,000 jobs in June, and is up by 44,000 since its low in February. Manufacturing added 9,000 jobs in June; it has gained 136,000 jobs since December 2009.
Construction employment fell by 22,000 jobs in June.
While employment in the private sector rose by 83,000 jobs in June to 107.7 million, it remained 7.9 million jobs below its December 2007 level."
USA Staffing Services:
Another positive month for the staffing industry. To gain a competitive advantage in this growing market, check out our Web site today.
http://www.usastaffingservices.com/
"U.S. temporary help payrolls rose by 20,500 in June, according to seasonally adjusted numbers released today by the U.S. Bureau of Labor Statistics.
Total nonfarm payrolls fell by 125,000 to 137.5 million as the number of U.S. Census workers dropped by 225,000. However, the private sector added 83,000 jobs.
The unemployment rate fell to 9.5% in June from 9.7% in May.
U.S. temporary help payrolls totaled 2.1 million jobs in June with the increase of 20,500, according to the BLS. Temporary help payrolls had risen by 31,000 jobs in May and 23,300 in April based on revised numbers. The temporary help services category has added 379,000 jobs since the low of September 2009.
The temporary penetration rate rose to 1.61% in June from 1.59% in May. The number of temporary jobs in May was adjusted down by 3,200.
In June, the employment services category overall added 35,800 jobs for total employment of 2.8 million. The employment services category includes employment placement agencies, temporary help services, executive search services and professional employer organizations.
Healthcare added 9,000 jobs in June. It has gained 217,000 jobs over the past 12 months.
The transportation and warehousing category added 15,000 jobs in June, and is up by 44,000 since its low in February. Manufacturing added 9,000 jobs in June; it has gained 136,000 jobs since December 2009.
Construction employment fell by 22,000 jobs in June.
While employment in the private sector rose by 83,000 jobs in June to 107.7 million, it remained 7.9 million jobs below its December 2007 level."
USA Staffing Services:
Another positive month for the staffing industry. To gain a competitive advantage in this growing market, check out our Web site today.
http://www.usastaffingservices.com/
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