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economy·Economybywhyrat

Employment Situation Summary - 2026 M07 Results

Negative headline number; and big negative revisions to prior months as well:

The change in total nonfarm payroll employment for May was revised down by 66,000, from +129,000 to +63,000, and the change for June was revised down by 37,000, from +57,000 to +20,000. With these revisions, employment in May and June combined is 103,000 lower than previously reported.

https://www.bls.gov/news.release/empsit.nr0.htmOpen linkView original on lemmy.world
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economics·Economicsbywhyrat

US Jobs report: -92,000 in February

Also note the downward revisions (which have become fairly commonplace over the past year):

The change in total nonfarm payroll employment for December was revised down by 65,000, from +48,000 to -17,000, and the change for January was revised down by 4,000, from +130,000 to +126,000. With these revisions, employment in December and January combined is 69,000 lower than previously reported. (Monthly revisions result from additional reports received from businesses and government agencies since the last published estimates and from the recalculation of seasonal factors.)

US Jobs report: -92,000 in Februaryhttps://www.bls.gov/news.release/empsit.nr0.htmOpen linkView original on lemmy.world
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economics·Economicsbywhyrat

Producer Price Index News Release summary - 2026 M01 Results

The Producer Price Index for final demand increased 0.5 percent in January, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices advanced 0.4 percent in December 2025 and 0.2 percent in November. (See table A.) On an unadjusted basis, the index for final demand rose 2.9 percent for the 12 months ended January 2026.

Producer Price Index News Release summary - 2026 M01 Resultshttps://www.bls.gov/news.release/ppi.nr0.htmOpen linkView original on lemmy.world
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