By Frank Stricker July 12, 2025 The quick take on the Bureau of Labor Statistics Employment Situation for June is that there were positives but also many negatives and red flags. The unemployment rate dropped a tenth of a percentage point to 4.1%. A broad conclusion about… Read More The Employment Report for June 2025: Not Much Change Yet
By Frank Stricker June 15, 2025 Have recent government layoffs registered in national unemployment rates? Have the official rate and NJFAN’s amplified estimate for real unemployment risen because of the Trump administration’s assault on government workers? We’ll examine those questions and also ask whether we may be headed for a recession as a result, in… Read More Jobs in Turbulent Times: May 2025—and April Too
By Frank Stricker April 13, 2025 For the most part, the latest job numbers were more of the same. The official unemployment rate at 4.2% was in the 4.0% – 4.2% range where it has been for a year. As we see in the Full Count, the unemployment rate for whites was 3.7%, and for… Read More The Unemployment News for March 2025, and What’s Ahead
By Frank Stricker March 22, 2025 The Bureau of Labor Statistics’ (BLS) numbers in the jobs report for February do not show any spectacular changes. It is too early to see much of an impact from Trump-Administration layoffs. But there were hints, however small, that in some areas, all was not well. The official unemployment… Read More The Calm Before the Storm: The Jobs Report for February 2025
by Frank Stricker The Bureau of Labor Statistics (BLS) Employment Situation report for January appeared on February 7. There were important revisions in the basic population numbers that the Bureau uses in its sampling process. That meant significant changes in some of the numbers, including that fewer jobs were created in 2023 and 2024 than… Read More The Job Situation in January 2025 and The Bigger Picture
