January 2016 analysis of employment metrics

Jolly Jobs

While down from December, January’s 151,000 new jobs was solid! The labor force participation rate rose to 62.7%, 0.3 points above the September low, and its best showing since 5/15; for those 25-55 the LFPR is up 0.5 points since September! Moreover, the unemployment rate fell to 4.9%, manufacturing added the most jobs in over a year, wages grew nicely and overtime hours were up, boosting wage income 0.9% M-o-M!

Elliot F. Eisenberg, Ph.D
GraphsandLaughs, LLC
elliot@graphsandlaughs.net
Cell: 202.306.2731
http://www.econ70.com

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About TARR Report

S.M.A. Publications was formed in 1997 with a mission of providing real estate information for practitioners within the Research Triangle Park area of North Carolina. The company produces the T.A.R.R. Reports which are published monthly, quarterly and annually, covering all aspects of the residential real estate market. The publisher, Stacey P. Anfindsen, has over 23 years of residential experience in the Triangle market. He is an active real estate appraiser, educator and consultant.
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