Unemployment Statistics Archives - Capitol Development Account

JOBS DATA AT 8:30

August’s unemployment data is released today at 8:30. Will the release be of great significance? As widely noted, the Federal Reserve expects labor supply to...

03 September, 2021

OPTION EXPIRATION DAY

There is a plethora of explanations for recent equity weakness; tapering, resurgent virus worries, rising wages, inflation, supply bottlenecks, option expiration....

20 August, 2021

JULY’S JOBS DATA EXCEEDED ALL EXPECTATIONS

July’s employment data exceeded all estimates. More importantly the previous month’s data was revised higher thus suggesting considerable underlying strength. ...

09 August, 2021

NOVEMBER’S UNEMPLOYMENT DATA AT 8:30

November’s employment data is released at 8:30. Will the statistics continue to surprise on the upside as been the case in every month except one since the commencement of the pandemic. Perhaps more ...

04 December, 2020

FED MEETING LARGELY A NON-EVENT

In my view the FOMC meeting was largely a nonevent. The Fed left interest rates near zero and signaled it would leave them there through at least 2023. The Committee stated ...

17 September, 2020

THE JULY LABOR REPORT WAS A POSITIVE SURPRISE

Non-farm payrolls rose by 1.763 million vs. the consensus view of 1.5 million. Private sector jobs rose by 1.462 million vs. the 1.2 million estimate. Prior month revisions were ...

10 August, 2020

JOBS DATA AT 8:30…AND “MAKE BILLIONAIRES PAY ACT”

Today the all-inclusive BLS Employment report is released. The employment data released this week was contradictory. The ADP survey had a large negative miss. Weekly unemployment and ...

07 August, 2020

CONTADICTORY DATA, VACCINE AND STIMULUS

The Private Sector ADP Employment Survey greatly surprised on the downside. Analysts had expected private sector jobs to increase by 1.2 million but instead only...

06 August, 2020

MAY’S EMPLOYMENT DATA WAS THE ULTIMATE BLACK SWAN EVENT

WOW!!!!!!!!!! Was May’s employment data the ultimate Black swan event????? In my view yes as the data was the biggest surprise in my 34 years in this industry. Bloomberg validated this view by ...

08 June, 2020