• Payroll Employment and Seasonal Factors

    3 monthes ago - By Calculated Risk

    This might be a good time to review the seasonal pattern for employment.
    Even in the best of years there are a significant number of jobs lost in the months of January and July. In 1994, when the economy added almost 3.9 million jobs, there were 2.25 million lost in January 1994 , and almost 1 million payroll jobs lost in July of that year.
    This year, in January 2018, 3.1 million total jobs were lost. And in April 2018 , almost 1 million jobs were added. On a seasonally adjusted basis, the BLS reported 176 thousand jobs added in January, and 164 thousand added in April.
    A clear example of...
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