Labor Turnover Survey

The Weekly Bottom Line : 16/03/2012 HIGHLIGHTS OF THE WEEK United States Market participants are clearly trading on what everyone else seems to be feeling: the recovery is back. But the Fed, for its part, is not yet willing to admit that the economy has entered a new, stronger phase. Though the quickening pace of job growth is a positive sign, disposable income growth is still stagnant, and the recent run-up in commodity prices threatens to erode consumer spending growth. Europe's troubles haven't gone away. If market sentiment get's too far ahead of itself, the Fed may be tempted to fight back with another round of asset purchases. But if rising borrowing costs are a product of a stronger recovery then the Fed should be less concerned. Increased spreads may actually be ...

Weekly Economic and Financial Commentary : 11/02/2012 U.S. Review The Moderate Economic Recovery is Still Underway Consumer credit surged by $19.3 billion in December, the second consecutive solid monthly increase reflecting growth in credit cards, student loans and car loans. Weekly first-time jobless claims fell by 15k to 358k and the Job Openings and Labor Turnover Survey showed the number of job openings in December rose 2.5 percent. Data on international trade show the nominal U.S. trade deficit widened 3.7 percent to $48.8 billion in December from $47.1 billion in November. Light Week for Data, but the Economy is Still Improving Despite headlines dominated by the Eurozone sovereign debt crisis, the flow of economic releases in the U.S. this week was fairly light and ...

(Reuters) - The number of jobs waiting to be filled rose in December as employers tried to ramp up hiring in factories, retail and business services, the government said on Tuesday. There were 3.4 million available jobs at the end of December, up from 3.1 million in November, according to the Labor Department's Job Openings and Labor Turnover Survey. The number of jobs open in November was revised slightly downward from an initially reported 3.2 million. Monthly job openings - unfilled, posted vacancies that employers plan to fill within 30 days - help describe demand for labor. The number of job openings has increased about 30 percent since the end of the 2007-09 recession, although they remain well below the 4.4 million level registered in December 2007. In December, job openings in ...

(Reuters) - The number of jobs waiting to be filled was little changed in November, suggesting the labor market remained stable that month. There were 3.16 million available jobs at the end of November, down slightly from October's downwardly revised 3.22 million, according to the Labor Department's Job Openings and Labor Turnover Survey released on Tuesday. Monthly job openings -- unfilled, posted vacancies that employers plan to fill within 30 days -- help describe demand for labor. The number has consistently hovered below the 4.4 million openings registered in December 2007, before the 2008-2009 recession. The number of Americans without jobs has increased by more than 6 million since the onset of the recession. Hiring rose in November, with business and government hires increasing ...

(Reuters) - Oil prices rose 2 percent on Tuesday as geopolitical jitters about Iran combined with threats to supply and key shipping lanes sent U.S. crude above $100 a barrel. Crude futures briefly surged nearly $4 a barrel after markets opened in New York in a furious burst of trading that traders attributed to renewed fears over Iran, expectations of further monetary easing and computer-driven dealing. Brent and U.S. crude prices shot up at 9:45 a.m. EST, adding to previous gains, as volumes surged in one of the most concentrated bursts of trading activity in months. Other commodity markets did not jump, and traders remained unable to pinpoint a specific trigger for the price surge. Oil prices, and U.S. gasoline futures especially, also received a boost from news of a collision ...

(Reuters) - The number of U.S. jobs waiting to be filled rose in September, giving a bit more hope to the millions of unemployed workers who have been shut out of the economic recovery. There were 3.35 million available jobs at the end of September, up from August's upwardly revised 3.13 million, according to the Labor Department's Job Openings and Labor Turnover Survey released on Tuesday. Monthly job openings -- unfilled, posted vacancies that employers plan to fill within 30 days -- help describe demand for labor. The number has consistently hovered below the 4.4 million openings registered in December 2007, before the 2008-2009 recession. The number of Americans without jobs has increased by more than 6 million since the onset of the recession. Hiring also rose in September, with ...

Weekly Economic and Financial Commentary U.S. Review Modest Recovery Is Still Under Way Retail sales in September delivered an upside surprise, rising in nearly every major category. The stronger-than-expected increase was led by motor vehicle purchases and solid back-to-school sales. Another sign the economy continued to gain some momentum was the recently released data on the trade balance. Based on our calculations, trade could make a modest contribution to real GDP in the third quarter. Initial jobless claims fell to 404,000, but the Job Openings and Labor Turnover Survey showed there are 4.6 unemployed job seekers for each available job. No News Is Good News The flow of economic releases this week was fairly light, but data continued to reflect an economy that is ...

(Reuters) - U.S. manufacturers are failing to fill thousands of vacant jobs, surprising when 14 million people are searching for work. Technology giant Siemens Corp., the U.S. arm of Germany's Siemens AG (SI.N), has over 3,000 jobs open all over the country. More than half require science, technology, engineering and math-related skills. Other companies report job vacancies that range from six to 200, with some positions open for at least nine months. Manufacturing is hurt by a dearth of skilled workers. "What we have been saying for quite a while is that even though there is a high unemployment rate, it's very difficult to find skilled people," said Jeff Owens, president of ATS, a manufacturing consulting services company. A survey by ManpowerGroup found that a record 52 percent of U. ...

(Reuters) - The number of jobs waiting to be filled fell in August, underscoring the pain in the labor market where millions of unemployed workers have been shut out of the economic recovery. There were only 3.06 million available jobs at the end of August, down from July's downwardly revised 3.21 million, according to the Labor Department's Job Openings and Labor Turnover Survey released on Wednesday. Monthly job openings -- unfilled, posted vacancies that employers plan to fill within 30 days -- help describe demand for labor. The number has consistently hovered well below the 4.4 million openings registered in December 2007, before the 2007-2009 recession. Some 8 million Americans lost their jobs in the recession and only 1.4 million of those jobs have come back during the recovery. ...