The BLS employment report shows the official unemployment rate ticked down 0.1 percentage point to 7.5%, and the current population survey statistics are a mixed bag of strange. More people were employed, yet the number of people stuck in part-time jobs continues to increase. The labor participation rate stayed at the same May 1979 record low. U-6, a broader measure of unemployment, ticked up 0.1 percentage point to 13.9%.
The BLS unemployment report shows total nonfarm payroll jobs gained were 88,000 for March 2013, with 20,300 of those jobs being temporary. February was revised up by 32,000 to 268,000 jobs gained and January was also revised up by 29,000 to show payrolls gained 148,000 employees for that month.
The BLS employment report shows the official unemployment rate ticked down 0.1 percentage point to 7.6%, but not because people gained employment. Instead the unemployment rate dropped due to less people participating in the labor market. The labor participation rate just hit a record low, not seen since May 1979 when many segments of the population was still quite discriminated against in the workforce. One cannot just blame retiring baby boomers for low labor participation rates This article overviews and graphs the statistics from the Current Population Survey of the employment report.
The BLS employment report shows the official unemployment rate ticked down 0.2 percentage points to 7.7%. While many cheer this report as a sign of recovery, the actual details are fairly ho hum. This article overviews and graphs the statistics from the Current Population Survey of the employment report and the below graph shows how far off we are from 2008. Don't let some fool you into thinking the job crisis is all over, it's not, not by a long shot.
For months now, the words which describe the jobs crisis are little change. It is like the United States is stuck in time when it comes to the never ending dire unemployment statistics.
The December to January BLS employment report is always a strange beast. Yet this year we magically have gained 647,000 jobs which previously did not exist. Below is the difference between the previously reported jobs in December to the payroll tally for January 2013.
The BLS unemployment report shows total nonfarm payroll jobs gained were 155,000 for December 2012. October was revised down by 1,000 to 137,000 job and November was revised up, from 146,000 to 161,000 in employment gained. Many in the press are implying this is a good report when the monthly gain represents the very weak job growth America have been experiencing for the last two years.
The BLS employment report shows a 7.8% unemployment rate for December. November was revised up from a 7.7% to 7.8% unemployment rate, but due to a change in the BLS annual seasonal adjustment revisions. This article overviews the statistics from the Current Population Survey of the employment report and the words to describe December are little change.
The BLS unemployment report shows total nonfarm payroll jobs gained were 146,000 for November 2012. But there is hidden bad news in this report. October payroll gains were revised down, from 171,000 to 138,000. September payrolls were also revised down from 148,000 to 132,000. The below graph shows the monthly change in nonfarm payrolls employment.
The BLS employment report shows the unemployment rate ticked down by 0.2 percentage points to 7.7%. The reason for the unemployment rate decrease is less people participated in the labor force in November. Superstorm Sandy had little effect on the monthly employment figures.
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