Monthly Changes In Total Nonfarm Payroll – November 1, 2024 Update

For reference purposes, below are five charts that display growth in payroll employment, as depicted by the Total Nonfarm Payroll measures (FRED data series PAYEMS). PAYEMS, which is seasonally adjusted, is defined in Financial Reserve Economic Data [FRED] as: All Employees: Total Nonfarm, commonly known as Total Nonfarm Payroll, is a measure of the number …

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U-3 And U-6 Unemployment Rate Long-Term Charts As Of November 1, 2024

Shortly after each monthly employment report I have been posting a continual series titled “3 Critical Unemployment Charts.” Of course, there are many other employment charts that can be displayed as well. For reference purposes, below are the U-3 and U-6 Unemployment Rate charts from a long-term historical perspective.  Both charts are from the St. …

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3 Critical Unemployment Charts – November 2024

As I have commented previously, as in the October 6, 2009 post (“A Note About Unemployment Statistics”), in my opinion the official methodologies used to measure the various job loss and unemployment statistics do not provide an accurate depiction; they serve to understate the severity of unemployment. However, even if one chooses to look at the …

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U-3 And U-6 Unemployment Rate Long-Term Charts As Of October 4, 2024

Shortly after each monthly employment report I have been posting a continual series titled “3 Critical Unemployment Charts.” Of course, there are many other employment charts that can be displayed as well. For reference purposes, below are the U-3 and U-6 Unemployment Rate charts from a long-term historical perspective.  Both charts are from the St. …

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3 Critical Unemployment Charts – October 2024

As I have commented previously, as in the October 6, 2009 post (“A Note About Unemployment Statistics”), in my opinion the official methodologies used to measure the various job loss and unemployment statistics do not provide an accurate depiction; they serve to understate the severity of unemployment. However, even if one chooses to look at the …

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U-3 And U-6 Unemployment Rate Long-Term Charts As Of September 6, 2024

Shortly after each monthly employment report I have been posting a continual series titled “3 Critical Unemployment Charts.” Of course, there are many other employment charts that can be displayed as well. For reference purposes, below are the U-3 and U-6 Unemployment Rate charts from a long-term historical perspective.  Both charts are from the St. …

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3 Critical Unemployment Charts – September 2024

As I have commented previously, as in the October 6, 2009 post (“A Note About Unemployment Statistics”), in my opinion the official methodologies used to measure the various job loss and unemployment statistics do not provide an accurate depiction; they serve to understate the severity of unemployment. However, even if one chooses to look at the …

Read more

Monthly Changes In Total Nonfarm Payroll – August 2, 2024 Update

For reference purposes, below are five charts that display growth in payroll employment, as depicted by the Total Nonfarm Payroll measures (FRED data series PAYEMS). PAYEMS, which is seasonally adjusted, is defined in Financial Reserve Economic Data [FRED] as: All Employees: Total Nonfarm, commonly known as Total Nonfarm Payroll, is a measure of the number …

Read more

U-3 And U-6 Unemployment Rate Long-Term Charts As Of August 2, 2024

Shortly after each monthly employment report I have been posting a continual series titled “3 Critical Unemployment Charts.” Of course, there are many other employment charts that can be displayed as well. For reference purposes, below are the U-3 and U-6 Unemployment Rate charts from a long-term historical perspective.  Both charts are from the St. …

Read more