The U.S. Employment Situation – December 2013 In One Big Chart

The U.S. Employment Situation – December 2013 In One Big Chart

This post first appeared on FloatingPath

This month’s U.S. employment situation post will be a more condensed and simplified version than usual.

The U.S. Bureau of Labor Statistics reports in its monthly employment situation release that 74k payrolls were added during the month of December. This is an extremely weak reading and is the lowest single month jobs gain since May 2011. Job gains in October and November were revised to 200k and 241k, respectively.

The unemployment rate (U-3) declined to 6.7% from 7.0% in November, while the broader underemployment rate (U-6) was unchanged at 13.1%. With so few new payrolls though, the falling unemployment rate is more attributable to a reduction of workers in the labor force.

David Einhorn At The 2021 Sohn Investment Conference: Buy These Copper Plays

david einhorn, reading, valuewalk, internet, investment research, Greenlight Capital, hedge funds, Greenlight Masters, famous hedge fund owners, big value investors, websites, books, reading financials, investment analysis, shortselling, investment conferences, shorting, short biasThere's a gold rush coming as electric vehicle manufacturers fight for market share, proclaimed David Einhorn at this year's 2021 Sohn Investment Conference. Check out our coverage of the 2021 Sohn Investment Conference here. Q1 2021 hedge fund letters, conferences and more SORRY! This content is exclusively for paying members. SIGN UP HERE If you Read More

The rest of the data from the report are in the usual charts below.


No posts to display