Payroll and Unemployment – May 2016

Payroll and Unemployment - May 2016

May 2016 Payroll and Unemployment

  • Average % and % change from year ago for 10 Year Breakeven Inflation Rate
  • Total Billions of Dollar and % change from year ago for Personal Consumption Expenditures
  • Average % and % change from year ago for Personal Savings Rate
  • Average Index (Base year 2007=100) and % change from year ago for Industrial Production Index
  • Average Dollars/hr and % change from year ago for Average Hourly Earning of All Private Employees
  • % change from year ago for California Initial Claims
  • Average numbers for Initial Unemployment Claims in US and California
  • Average Thousands of Persons and % change from year ago for Total Employees:Non Farm
  • Industrial Production Index has decreased to 103.5527 in May 2016 reflecting a 1.4% decrease from year ago. All Employees Total Nonfarm  has increased to 143,894 in May 2016 reflecting  a 1.7% increase from year ago.
  • Average Initial Claims in United States increased to 277,000 in May 2016 reflecting a 0.8% increase from year ago. And the Average Initial Claims in California increased to 42,568 in May 2016 reflecting a 0.8% increase from year ago.
  • Los Angeles had the best averages in Unemployment Rate in May 2016 with 30.8% decrease from year ago. 10 Year Breakeven Inflation rate dropped to 1.59% reflecting a 15% decrease from year ago. The average hourly earning of all employees has increased to 25.59 dollars per hour with 2.5% increase in May 2016.
  • Personal consumption expenditures has increased to $12699.4 Bn in May 2016 with a 3.7% increase from year ago and Personal savings rate increase to 5.3% in May 2016 reflecting a 10.4% increase in percent change from year ago

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