Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 43 results for "BLS"

Chief economist update: Good US employment news is not so good

BENJAMIN ONG  |  MONDAY, 10 AUG 2020
... There's good news and bad news in the US labour market report for July. First, the good news: The US Bureau of Labor Statistics (BLS) reported that total non-farm payrolls rose by 1.8 million in July - more than market expectations for an increase ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 11 MAY 2020
... 500 up 1.7%; DJIA up 1.9%; Nasdaq up 1.6%; Russell 2000 up 3.6% -- on the same day that the US Bureau of Labour Statistics (BLS) released actual non-farm payrolls numbers, underscoring the bother Uncle Sam finds itself in. The US unemployment rate soared ...

Chief economist update: Fed funds at five point O

BENJAMIN ONG  |  TUESDAY, 10 JUL 2018
... on the labour market under-utilisation in years gone by, the U-6 unemployment rate - which the Bureau of Labor Statistics (BLS) define as: "Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic ...

Chief economist update: Inflation isn't such a lonely word

BENJAMIN ONG  |  MONDAY, 19 FEB 2018
... of last week - a 46 basis point increase from 2.41% at the end of 2017 - pushed higher by the Bureau of Labor Statistics' (BLS) report confirming that US inflation is indeed moving on up. Headline CPI inflation rose by 0.5% in the month of January following ...

Chief economist update: Bad news is good news returns?

BENJAMIN ONG  |  THURSDAY, 15 FEB 2018
... index by 1.3% and the Nasdaq Composite by 1.9% the day the music should have died when the US Bureau of Labor Statistics (BLS) confirmed that inflation was indeed lifting. Headline CPI inflation rose by 0.5% in the month of January following an UP-wardly ...

Job openings in America

BENJAMIN ONG  |  FRIDAY, 13 OCT 2017
... (job openings and labor turnover summary) a handy check on the state of the US labour market. The Bureau of Labor Statistics'(BLS) latest update showed little change in August from July: job openings remained at a robust 6.1 million (the highest on Factset ...

No more slack?

BENJAMIN ONG  |  MONDAY, 9 OCT 2017
... and his uncle expected hurricanes Harvey and Irma to distort the employment numbers. Even the Bureau of Labor Statistics (BLS) says so: "Our analysis suggests that the net effect of these hurricanes was to reduce the estimate of total nonfarm payroll ...

Higher and higher

BENJAMIN ONG  |  MONDAY, 4 SEP 2017
... could dent consumer sentiment and by extension, consumer spending. But this could be due to the Bureau of Labor Statistics (BLS) problem with seasonal adjustments. Bank of America Merrill Lynch noted the August employment has increased by an average ...

Economics 101 is dead

BENJAMIN ONG  |  MONDAY, 10 JUL 2017
... telling, despite rising to 8.6% in June (from 8.4% in May), the U-6 unemployment rate - which the Bureau of Labor Statistics (BLS) define as: "Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for ...

Jobs, jobs, jobs

BENJAMIN ONG  |  THURSDAY, 9 MAR 2017
Financial markets don't track the ADP private payrolls report as closely as they do the Bureau of Labor Statistics (BLS) employment report but if ADP's estimate for February is any guide, the official US non-farm payrolls report (due out at the end ...