Your English writing platform
Discover LudwigSuggestions(1)
Exact(7)
The report showed some signs that the pace of payroll trimming might be starting to ease.
Most economists have viewed the pullback in job creation as a result of stronger activity during the unusually warm winter and believe the underlying pace of payroll growth is about 175,000 a month, its average for the last three months.
And the furious pace of payroll reduction by employers during the second quarter suggests his fears are well founded.
–Labor-force growth will be unable to accommodate the current pace of payroll gains, even if the participation rate recovers as expected.
The current average m/m pace of payroll gains at 180,000 is well above the 130,000 average monthly gains in the labor force since 1948.
Even the 2014 pickup in the pace of payroll growth falls short of the historic standard.
Similar(52)
It showed a significant fall in the unemployment rate (from 9.4percentto9.0 9.0 per cent) AND a significant fall in the pace of hiring (payrolls rose by just 36,000 last month, compared to 121,000 in December).
But the gain was not matched by a similarly robust recovery in the broader labor market, where the change in the pace of private nonfarm payrolls growth was only 2.9 percentage points.
The number of payroll jobs added in August was just shy of the average pace of hiring over the last year, and the unemployment rate edged down to 7.3 percent from 7.4 percent.
Some may need to receive injections of 50% of payroll.
Employees' contributions were cut from 5% of payroll to 3%.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com