Tuesday, April 14, 2020

The Top Ten Job Streaks

by Calculated Risk on 4/14/2020 10:37:00 AM

I'm updating these tables since the headline job streak ended in March.

Through February 2020, the employment report indicated positive job growth for a record 113 consecutive months.

Headline Jobs, Top 10 Streaks
Year EndingStreak, Months
20201113
199048
200746
197945
194333
198633
200033
196729
199525
197424
1Ended February 2020

However, if we adjust for Decennial Census hiring and firing (data here) the streak of consecutive positive jobs reports ended in January 2019 at 107 months. It makes sense to adjust for the Census hiring and firing since that was preplanned and unrelated to the business cycle.

Ex-Census Jobs, Top 10 Streaks
Year EndingStreak, Months
20191107
200746
197945
199045
194333
198633
200032
196729
199525
197424
1Ended January 2019