Labor Report Review

While the economy is adding jobs, it's still not a strong recovery. Job creation has been largely limited to the service sector of the economy.

Birth/Death Model (BDM) Contribution to Nonfarm Net Payrolls (NFP) Added/(Lost)


An up trend break of job growth in trucking and warehousing, a sub sector of the labor report, would confirm further economic weakness.

Truckers and Warehousing Payroll And YOY Change


The civilian labor force has been steadily contracting year-over-year since 2009. Can headline job creation suggest an improving employment picture as long as labor force continues to shrink?

Civilian Labor Force (CLF) And Year-Over-Year (YOY) Change


Headline: Economy adds 244k jobs, rate ticks up to 9 pct.

Employers added more than 200,000 jobs in April for the third straight month, the biggest hiring spree in five years. But the unemployment rate ticked up to 9 percent.

The Labor Department reported Friday that the economy added 244,000 jobs last month. Private employers shrugged off high gas prices and created 268,000 jobs -- the most since February 2006.

Source: finance.yahoo.com