jump to navigation

End-of-2018 Employment Report January 4, 2019

Posted by geoff in Economics, News.

The BLS issued the Employment Situation Report today, together with updates on the seasonal adjustments that went back into last year – I’ve modified the chart to reflect the most recent estimates.

Slight downtick in the IB metric, but not too bad, especially considering the uncertainties in seasonal adjustments and the unhelpful policies of the Fed.


As opposed to 2016, when the needle didn’t move, 2017 and 2018 have shown improvement, with about 0.5 percentage points per year.

Slow, but at least it’s been positive.


No comments yet — be the first.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: