Recession Yet? The Jobs Report for July, 2022

By FRANK STRICKER In July, the official Bureau of Labor Statistics unemployment rate fell to 3.5%. It has not been that low since the first months of 2020 before the pandemic began. But unemployment rates were still quite high for African Americans (6%), teens (11.5%), and especially for black teens (20.3%). 1. Why Aren’t Even… Read More Recession Yet? The Jobs Report for July, 2022

Unemployment Data–JULY 2022

July 2022 Unemployment Data–the Full Count (U.S. BUREAU OF LABOR STATISTICS) OFFICIAL UNEMPLOYMENT: 3.5%*[ANALYSES by EXPERTS] White     3.1% African American 6.0% Hispanic 3.9% Asian¹           2.6% Persons with a disability¹   7.8% Men 20 years and over 3.2% Women 20 years and over 3.1% Teens (16-19 years) 11.5% Black… Read More Unemployment Data–JULY 2022

June Jobs: Pretty Good, But Wait…

By FRANK STRICKER The Bureau of Labor Statistics’ job and unemployment report for the month of June is pretty positive. The official unemployment rate, derived from a sample of households, stayed low: 3.6% for the fourth month in a row. The rates for Asian-Americans and Hispanics were also quite low at 3.3% and 4.3%. But… Read More June Jobs: Pretty Good, But Wait…

Unemployment Data–JUNE 2022

June 2022 Unemployment Data–the Full Count (U.S. BUREAU OF LABOR STATISTICS) OFFICIAL UNEMPLOYMENT: 3.6%*[ANALYSES by EXPERTS] White     3.3% African American 5.8% Hispanic 4.3% Asian¹           3.0% Persons with a disability¹   8.2% Men 20 years and over 3.3% Women 20 years and over 3.3% Teens (16-19 years) 11.0% Black… Read More Unemployment Data–JUNE 2022

Unemployment Data–MAY 2022

May 2022 Unemployment Data–the Full Count (U.S. BUREAU OF LABOR STATISTICS) OFFICIAL UNEMPLOYMENT: 3.6%*[ANALYSES by EXPERTS] White     3.2% African American 6.2% Hispanic 4.3% Asian¹           2.4% Persons with a disability¹   7.1% Men 20 years and over 3.4% Women 20 years and over 3.4% Teens (16-19 years) 10.4% Black… Read More Unemployment Data–MAY 2022