By FRANK STRICKER December 19, 2022 The Bureau of Labor Statistics (BLS) survey of households in November found that the official unemployment rate stayed at 3.7%. That’s low by conventional standards and lower than 4 to 5%, which is probably what the Federal Reserve is aiming for. Official unemployment rates for some groups stayed down.… Read More Who Did Well and Who Did Not? November 2022 Jobs Report Analysis
November 2022 Unemployment Data–the Full Count (U.S. BUREAU OF LABOR STATISTICS) OFFICIAL UNEMPLOYMENT: 3.7%*[ANALYSES by EXPERTS] White 3.2% African American 5.7% Hispanic 3.9% Asian¹ 2.7% Persons with a disability¹ 5.8% Men 20 years and over 3.4% Women 20 years and over 3.3% Teens (16-19 years) 11.3% Black… Read More Unemployment Data–NOVEMBER 2022
October 2022 Unemployment Data–the Full Count (U.S. BUREAU OF LABOR STATISTICS) OFFICIAL UNEMPLOYMENT: 3.7%*[ANALYSES by EXPERTS] White 3.2% African American 5.9% Hispanic 4.2% Asian¹ 2.9% Persons with a disability¹ 7.4% Men 20 years and over 3.3% Women 20 years and over 3.4% Teens (16-19 years) 11.0% Black… Read More Unemployment Data–OCTOBER 2022
September 2022 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 3.8% Asian¹ 2.5% Persons with a disability¹ 7.3% Men 20 years and over 3.3% Women 20 years and over 3.1% Teens (16-19 years) 11.4% Black… Read More Unemployment Data–SEPTEMBER 2022
By FRANK STRICKER So where the heck are we on the job front? The Bureau of Labor Statistics report on employment in August included contradictory information. Payroll job totals of government and non-farm business employers showed an increase of 315,000 jobs. Yet in the household survey unemployment increased by two tenths of a percentage point… Read More The Confusing Job Situation in August 2022
