BLS reports: January jobless rates down in 5 states; PPI for final demand increases 0.3% in February

[mahatmakanejeeves]

January jobless rates down in 5 states; payroll jobs up in 13 states, down in 1

Economic News Release USDL-17-0316

State Employment and Unemployment Summary

For release 10:00 a.m. (EDT) Monday, March 13, 2017

Technical information:
Employment: [phone] * [e-mail] * www.bls.gov/sae
Unemployment: [phone] * [e-mail] * www.bls.gov/lau

Media contact: [phone] * [e-mail]


STATE EMPLOYMENT AND UNEMPLOYMENT -- JANUARY 2017


Unemployment rates were significantly lower in January in 5 states and stable in 45 states and the District of Columbia, the U.S. Bureau of Labor Statistics reported today. Six states had notable jobless rate decreases from a year earlier and 44 states and the District had no significant change. The national unemployment rate was 4.8 percent in January, little changed from that of both December 2016 and January 2016.

Nonfarm payroll employment increased in 13 states in January 2017, decreased in Alaska, and was essentially unchanged in 36 states and the District of Columbia. Over the year, 28 states added nonfarm payroll jobs, 2 states lost jobs, and 20 states and the District were essentially unchanged.

PPI for final demand increases 0.3% in February; services rise 0.4%, goods advance 0.3%

Economic News Release USDL 17-0317

Producer Price Index News Release text

Transmission of material in this release is embargoed until 8:30 a.m. (EDT), Tuesday, March 14, 2017

Technical information: [phone] * [e-mail] * www.bls.gov/ppi
Media contact: [phone] * [e-mail]


PRODUCER PRICE INDEXES - FEBRUARY 2017


The Producer Price Index for final demand increased 0.3 percent in February, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices rose 0.6 percent in January and 0.2 percent in December. (See table A.) On an unadjusted basis, the final demand index climbed 2.2 percent for the 12 months ended February 2017, the largest advance since a 2.4-percent increase in the 12 months ended March 2012.

In February, over 80 percent of the advance in the final demand index is attributable to a 0.4-percent increase in prices for final demand services. The index for final demand goods moved up
0.3 percent.

Prices for final demand less foods, energy, and trade services rose 0.3 percent in February, the largest increase since a 0.3-percent advance in April 2016. For the 12 months ended in February, the index for final demand less foods, energy, and trade services climbed 1.8 percent.
....

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The Producer Price Index for March 2017 is scheduled to be released on Thursday, April 13, 2017 at 8:30 a.m. (EDT).

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So far, the BLS is putting out propaganda-free reports. How long that will last, I do not know. There is now an altBLS Twitter feed:

@alt_bls

.@realDonaldTrump, we're the statisticians and economists... you're a real estate developer. Stick to golf. #Resistance #Resist