Shop Talk: So many numbers, but all pointing to good job growth here [Yakima Herald-Republic, Wash.]
| By Mai Hoang, Yakima Herald-Republic, Wash. | |
| McClatchy-Tribune Information Services |
The federal
In the past, I haven't reported the QCEW figures as frequently as those from Employment Security, which provides information on unemployment, labor force and nonagricultural jobs,
Besides the obvious fact that QCEW figures are not released as frequently, I've tended to focus more on the Employment Security figures because of their relative immediacy -- the data only lags by a month.
The QCEW data, in contrast, has a lag time of six months. The recent release, for example, looks at jobs and wages from the first quarter of this year.
But while preliminary Employment Security figures provide a more instant picture of employment, they are subject to constant revision.
That is the nature of the methodology. Employment Security uses a statewide survey of employers and households to develop the monthly report.
And many of those revisions are made based on QCEW data. Many labor economists, such as Meseck, believe the QCEW provides firmer job counts as it's based on documentation employers have to file for employees covered by state and federal unemployment insurance. According to the
I've come to realize that I need to make an effort to include the QCEW data to provide a more full picture of
So with that said, let's take a look.
According to the QCEW data,
The job count is close to March job figures that Employment Security reported in April. It's not a perfect comparison, because Employment Security includes
Meanwhile, average weekly wages increased 1.9 percent to
The data also provide insight on how employment is trending in
One thing I'm still waiting for is more industry-specific data.
Did you notice?
--I recently chatted with
Jaeger's home, a duplex in
Jaeger, who is in her 70s, spent the last few years fixing up her own home to her liking before relaunching her business in
Despite being the same age as many of her clients, she has no plans to retire.
"I love decorating," she said. "I have a passion."
--Meanwhile, Ailage Mason-Perry is pursuing a niche of her own. Her
"It just took (yoga) to a whole new level, " Mason-Perry told me last week. She could name only a handful of other studios in the
You won't need experience with
Safety is a priority, so anyone looking to take aerial yoga classes at the studio is required to complete a 2.5-hour beginner's workshop. Workshops are offered every few weeks. More information can be found on the studio's website at corebalanceinc.com.
--Finally,
It's no secret that former owners
More details on Rowe's purchase of
You can also get additional updates on Facebook (<a href="http://facebook.com/shoptalkyakima">facebook.com/shoptalkyakima) and Twitter (twitter.com/shoptalkyakima).
--
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