August 2023 Unemployment Data–the Full Count (U.S. BUREAU OF LABOR STATISTICS) OFFICIAL UNEMPLOYMENT: 3.8%* [ANALYSES by EXPERTS] White 3.4% African American 5.3% Hispanic 4.9% Asian¹ 3.1% Persons with a disability¹ 7.4% Men 20 years and over 3.7% Women 20 years and over 3.2% Teens (16-19 years) 12.2%… Read More Unemployment Data-AUGUST 2023
by Frank Stricker Does the United States currently have a general labor shortage? Clearly there are problems in specific locations and occupations. There are shortages at 911 call-centers across the country. The U.S. Postal Service is short of staff. In Los Angeles County where I live, the government legal infrastructure is a mess; there are shortages… Read More The Unemployment Numbers for July. Is There a Worker Shortage?
See July 2023 Unemployment Data here: >> https://njfac.org/index.php/2023/08/04/unemployment-data-july-2023/
July 2023 Unemployment Data–the Full Count (U.S. BUREAU OF LABOR STATISTICS) OFFICIAL UNEMPLOYMENT: 3.5%* [ANALYSES by EXPERTS] White 3.1% African American 5.8% Hispanic 4.4% Asian¹ 2.3% Persons with a disability¹ 6.9% Men 20 years and over 3.3% Women 20 years and over 3.1% Teens (16-19 years) 11.3%… Read More Unemployment Data-JULY 2023
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?