by Frank Stricker July 12, 2023 There was not much excitement in Friday’s unemployment report from the Bureau of Labor Statistics. The unemployment rate fell a tenth of a percentage point to 3.6. For 15 months the rate has stayed in a range of 3.4 to 3.7%. From a conventional point of view, that is… Read More Job Numbers in June 2023: What’s the Message?
By FRANK STRICKER June 14, 2023 There was mixed news in the latest government job reports. The Bureau of Labor Statistics (BLS) household survey of workers in May had some real negatives. For one thing the official unemployment rate rose by .3 to 3.7%. That is still pretty low… Read More The Jobs Report for May 2023: A Mixed Bag
April 2023 Unemployment Data–the Full Count (U.S. BUREAU OF LABOR STATISTICS) OFFICIAL UNEMPLOYMENT: 3.4%* [ANALYSES by EXPERTS] White 3.1% African American 4.7% Hispanic 4.4% Asian¹ 2.8% Persons with a disability¹ 6.3% Men 20 years and over 3.3% Women 20 years and over 3.1% Teens (16-19 years) 9.2%… Read More Unemployment Data-APRIL 2023
By FRANK STRICKER March 23, 2023 In February the number of employed Americans increased by 177,000 in the household survey, and the number of jobs in the survey of employers increased by 311,000. But unemployment also increased by .2 to 3.6%. It is true that 3.6% is still, by conventional standards, a pretty low rate.… Read More Where Are We Headed? Jobs and Joblessness in February
By Frank Stricker November 25, 2022 Employment and Unemployment The Bureau of Labor Statistics’ (BLS) employment report for October was a mixed bag. The unemployment rate rose by 0.2% to 3.7% and there were 306,000 more unemployed people than in September. A rate of 3.7% is far from full employment. When one adds people who want… Read More Jobs: And the Beat Goes On for Now (October 2022 Labor Market Analysis)