December 3, 2021

BLS Employment Situation Report (November 2021)

 Nonfarm Payrolls month/month  210,000.   Previous was 546,000

- Unemployment Rate   4.2%. Previous was  4.6%

- Private Payrolls - month/month 235,000.  Previous was   628,000

- Manufacturing Payrolls month/month  631,000. Previous was   48,000

- Labor Participation Rate     61.8%. Previous was  61.6%

- Average Hourly Earnings month/month    0.3%. Previous was  0.4%

- Average Hourly Earnings year/year    4.8%. Previous was  4.8%

- Average Workweek        34.8 hours. Previous was  34.7 hours  

Revisions to August and September added 82,000 jobs.

Source:  BLS  Details:  https://www.bls.gov/news.release/empsit.nr0.htm

 

 

Factory Orders (October 2021)

- Month over Month +1.0% . Previous was +0.2%.    

Source:  Census  Details:  https://www.census.gov/manufacturing/m3/prel/pdf/s-i-o.pdf

 

PMI Composite Final (October 2021)

- Composite Index    57.2.  

- Services Index     58.0.  

Source:  Markit Economics  

 

ISM Services Index (November 2021)

- Index 69.1. Previous was 66.7

Source:  ISM  Details:  https://www.ismworld.org/supply-management-news-and-reports/reports/ism-report-on-business/services/november/