On a monthly basis, the establishment report may have a large margin of error, but - with the annual benchmarks - the report should track payroll employment very well over time.
Another public source of employment related data is the initial and continuing weekly unemployment reports. The initial weekly unemployment claims report shows unemployment claims are near all time lows.
The good news is private sources of employment data are suggesting similar gains in employment (for those who doubt the accuracy of government data).
The most followed private source is from ADP. However, ADP makes some adjustment based on data from the BLS report and from the Philadelphia Federal Reserve’s Aruoba-Diebold-Scotti Business Conditions Index. So this isn't entirely independent series.
Another private source is the ISM surveys of manufacturing and non-manufacturing companies. Although these surveys are based on the number of companies hiring (or laying off workers), the index has tracked changes in private BLS employment over time.
For small business, the Intuit index is very useful - and the NFIB monthly surveys also provides information on hiring. From NFIB: Small Business Hiring Strong for 5th Consecutive Month
“May continued to show solid, but not spectacular hiring, continuing the trend of previous months in 2015. For the second time this year, a high of 29 percent had openings they couldn’t fill; a high we hadn’t seen since April 2006. This is a strong indication that the unemployment rate will decline further.Other sources of private data include:
“Small employers are starting to feel the economy picking up and they are working hard to meet this demand."
• TrimTabs (based on analysis of daily income tax deposits)
• The Conference Board's labor differential (a spread between the share of households reporting jobs are plentiful versus hard to get).
• The Chicago PMI (a regional survey).
• The Challenger, Gray & Christmas report on planned layoffs. From Reuters today: US job cuts plunged 33% to 41,034 in May: Challenger
Job cuts announced by U.S.-based companies declined sharply in May as the energy sector took another pause following successive rounds of big payroll reductions.There are other sources too. The bottom line is all of the data - both private and public - is telling a similar story on employment.
Employers laid off 33 percent fewer workers in May from the previous month, global outsourcing firm Challenger, Gray & Christmas reported Thursday. Companies announced 41,034 cuts in the last four weeks, compared with 61,582 in April.
Thank you for reaching out to us. We are happy to receive your opinion and request. If you need advert or sponsored post, We’re excited you’re considering advertising or sponsoring a post on our blog. Your support is what keeps us going. With the current trend, it’s very obvious content marketing is the way to go. Banner advertising and trying to get customers through Google Adwords may get you customers but it has been proven beyond doubt that Content Marketing has more lasting benefits.
We offer majorly two types of advertising:
1. Sponsored Posts: If you are really interested in publishing a sponsored post or a press release, video content, advertorial or any other kind of sponsored post, then you are at the right place.
WHAT KIND OF SPONSORED POSTS DO WE ACCEPT?
Generally, a sponsored post can be any of the following:
Press release
Advertorial
Video content
Article
Interview
This kind of post is usually written to promote you or your business. However, we do prefer posts that naturally flow with the site’s general content. This means we can also promote artists, songs, cosmetic products and things that you love of all products or services.
DURATION & BONUSES
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Submission of Materials : Sponsored post should be well written in English language and all materials must be delivered via electronic medium. All sponsored posts must be delivered via electronic version, either on disk or e-mail on Microsoft Word unless otherwise noted.
PRICING
The price largely depends on if you’re writing the content or we’re to do that. But if your are writing the content, it is $60 per article.
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Technical Details And Pricing
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