Insights and Perspective

 

Insights and Perspective

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Read the latest from Geographic Solutions.

GSI Labor Market Forecast: April 2022

Geographic Solutions’ data is pointing to another strong month of job growth in April.

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Geographic Solutions' resident economist offers his forecast for the upcoming March 2022 labor market report.

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Geographic Solutions' resident economist offers his forecast for the upcoming February 2022 labor market report.

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Geographic Solutions' resident economist offers his forecast for the upcoming January 2022 labor market report.

Geographic Solutions' Economist Phillip Sprehe Forecasts Job Growth for Southern Georgia

Employment in the region is only a few hundred jobs away from reaching its pre-pandemic high of 79,000 jobs in February 2020.

Business and Household Surveys Continue to Diverge in December

Different performances between surveys as of late may be revealing how the U.S. labor force is shifting during the pandemic recovery.

GSI Labor Market Forecast: December 2021

While the Covid-19 Omicron variant appears to produce milder symptoms, its high rate of transmissibility will have a dampening effect on job creation.

November 2021 Labor Market Report Shows Divergence in Business and Household Surveys

November's labor market report reveals that U.S. employment rose by 210,000 jobs, which marks a slowdown from the 546,000 created in October.

GSI Labor Market Forecast: November 2021

The better-than-expected jobs report in October as well as large upward revisions in August and September are signs of optimism heading into the report release for November

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While there is still some uncertainty in October's jobs report, encouraging signs such as a decline in the seven-day average of new daily Covid-19 cases should lead to an improved outlook.

August 2021 Job Growth Weakened by Covid-19 Delta Variant

August's results are disappointing and appear to be chiefly driven by the spread of the Covid-19 delta variant.

GSI Labor Market Forecast: August 2021

The August jobs report may be dampened by two factors, one of which is the fast-spreading delta variant.

July 2021 Job Growth Accelerates before Covid-19 Variant Takes Hold

While the results are impressive, hurdles lie ahead with the Covid-19 variant leading some states and localities to reinstate some restrictions on activity.

GSI Labor Market Forecast: July 2021

Derived from internal data on the number of job openings, job severances, and the number of applications for unemployment benefits filed on our state clients' sites, we predict job growth in July of 689,000

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The June labor market report will come as a relief to many after earlier lackluster growth, yet the U.S. employment level remains below its February 2020 total. Job creation was most pronounced in Leisure & Hospitality even as restaurants and hotels struggle to fill job openings.

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GSI Labor Market Forecast: April 2021

Our April Employment Forecast projects accelerated job growth in the coming months as vaccines are distributed to a greater percentage of the population.

GSI Labor Market Forecast: March 2021

In advance of the Bureau of Labor Statistics' monthly jobs report, we're forecasting the monthly change in employment and unemployment rate.

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GSI derives its employment forecast from internal data on job openings, job severances, and the number of applications for unemployment benefits filed on GSI state client sites

A Return To Modest Growth Marks The January 2021 Jobs Report

The results mark 11 months since the Covid-19 economic lockdown and signals that the labor market recovery is continuing to move sideways after healthy growth from May through October 2020. Strong growth should reassert itself as more Covid-19 vaccinations are administered later in 2021.

Forecasting the January 2021 Labor Market Report

Geographic Solutions, Inc. (GSI), has produced forecasts of the two most closely watched macroeconomic data series from the report: the monthly change in employment and the monthly unemployment rate.

Monthly Job Gains Fall By More Than Half In November's Current Employment Statistics Report

The Bureau of Labor Statistics (BLS) released its monthly Current Employment Statistics (CES) report and Current Population Survey (CPS) for November 2020 on Friday, December 4th. The results mark nine months since the Covid-19 economic lockdown and seven months since the labor market recovery began.

October Jobs Report Shows Goods Producing Industries Picking up Steam

The Bureau of Labor Statistics (BLS) released its monthly Current Employment Statistics (CES) report and Current Population Survey (CPS) for October 2020 on Friday, November 6th.