{"id":2907,"date":"2010-02-05T15:09:04","date_gmt":"2010-02-05T15:09:04","guid":{"rendered":"https:\/\/mmm.9dotdigital.ca\/?p=2907"},"modified":"2025-03-27T15:48:57","modified_gmt":"2025-03-27T15:48:57","slug":"better-us-labour-news-oecd-leading-indices-up-again","status":"publish","type":"post","link":"https:\/\/mmm.9dotdigital.ca\/?p=2907","title":{"rendered":"Better US labour news; OECD leading indices up again"},"content":{"rendered":"<p>US labour demand is recovering but firms remain cautious, preferring to use existing workers more intensively and employ temporary staff rather than expand permanent jobs.<\/p>\n<p>January figures show that non-farm payrolls were essentially flat over the last three months: the establishment survey measure fell by 0.1% while an alternative measure from the household survey rose by 0.1% &ndash; see first chart. With the average workweek lengthening from 33.0 to 33.3 hours, however, aggregate hours worked in the private sector&nbsp;grew by 1.0% &ndash; the largest increase since late 2006. Firms, meanwhile, added a record 205,000 &#8220;temporary help&#8221; jobs over the last three months.<\/p>\n<p>Global industrial output should continue to recover solidly in early 2010, judging from OECD leading indices for December, also released today &ndash; second chart.<\/p>\n<p><span class=\"full-image-block ssNonEditable\"><span><img decoding=\"async\" src=\"\/storage\/graphs\/us-employment050210.gif?__SQUARESPACE_CACHEVERSION=1265385451769\" alt=\"\" \/><\/span><\/span><\/p>\n<p>&nbsp;<\/p>\n<p><span class=\"full-image-block ssNonEditable\"><span><img decoding=\"async\" src=\"\/storage\/graphs\/g7-e7-ind-out050210.gif?__SQUARESPACE_CACHEVERSION=1265385475253\" alt=\"\" \/><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US labour demand is recovering but firms remain cautious, preferring to use existing workers more intensively and employ temporary staff rather than expand permanent jobs. January figures show that non-farm payrolls were essentially flat over the last three months: the establishment survey measure fell by 0.1% while an alternative measure from the household survey rose [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-2907","post","type-post","status-publish","format-standard","hentry","category-money-moves-markets"],"_links":{"self":[{"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/posts\/2907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2907"}],"version-history":[{"count":1,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/posts\/2907\/revisions"}],"predecessor-version":[{"id":5216,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=\/wp\/v2\/posts\/2907\/revisions\/5216"}],"wp:attachment":[{"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mmm.9dotdigital.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}