BLS Employment Report

A Graphic Look at Payrolls from the September Employment Report

The BLS unemployment report shows total nonfarm payroll jobs gained were 148,000 for September 2013, with private payrolls adding 126,000 jobs.  Government jobs increased by 22,000.  Additionally 20,000 of September's jobs were temporary ones.   Overall job growth was barely enough to keep up with the growing population.

 

Unemployment is a Flat Line No Change for September 2013

America's employment is the same as last month and we might look at the BLS report telling us, Doctor, the patient is still dead.  Someone bring the crash cart for employment in America needs to be resuscitated.  The BLS employment report shows the official unemployment rate declined a percentage point to 7.2%.

Charts from BLS Employment Report Show Bad Jobs Continue to Rule in 2013

The BLS unemployment report shows total nonfarm payroll jobs gained were 169,000 for August 2013, with private payrolls adding 152,000 jobs.  Government jobs increased by 17,000.  Probably the worse news of this report is July was revised down by 58,000 jobs to show only a 104,000 payroll gain and June was also revised down by 16,000 to 172,000 jobs added for that month.

Unemployment Rate Drops On Over Half a Million More Not In Labor Force

The BLS employment report shows the official unemployment rate declined a percentage point to 7.3% as over half a million people dropped out of the labor force.  The labor participation rate just hit a low not seen since August 1978.  Less people were employed as well.  People dropping out of the labor force is no way to lower an unemployment rate, yet this is what is going on, five years eight months after the start of the Great Recession.

About the 7.4% Unemployment Rate for July 2013

The BLS employment report shows the official unemployment rate declined two percentage points to 7.4%, mainly on a lower labor participation rate and more people being considered not part of the labor force.   This is the lowest official unemployment rate since December 2008 and at least a percentage point of the unemployment rate drop is due to the decline in labor force participation.  More people were employed as well.  People stuck in part-time jobs maintained their increases from last month.

A Detailed Look at the BLS Payrolls Employment Report for June 2013

The BLS unemployment report shows total nonfarm payroll jobs gained were 195,000 for June 2013, with private payrolls adding 202,000 jobs.  Government jobs declined by 7,000.  May was revised up by 20,000 to show a 195,000 payroll gain and April was also revised up by 50,000 to 199,000 jobs added for that month.   While this is great news, unfortunately the types of jobs gained are mostly low paying ones.

CPS Employment Statistics Static for June 2013

The BLS employment report shows the official unemployment rate remained a static 7.6% and the current population survey unemployment figures are an unmoving pool of little changed this month.   More people were employed, yet the number of people stuck in part-time jobs ballooned from last month and the number of unemployed also increased slightly.

Unemployment Rate a Static 7.6% for May 2013

The BLS employment report shows the official unemployment rate ticked up 0.1 percentage point to 7.6% and the current population survey unemployment figures are a static pool of going nowhere fast statistics.   More people were employed, yet the number of people stuck in part-time jobs barely budged from last month and the number of unemployed also increased.  The labor participation rate increased 0.1 percentage points from the May 1979 record low.   U-6, a broader measure of unemployment, ticked down -0.1 percentage point to 13.8%.  Overall the CPS statistics look like an oscillating wave of stuck in neutral.

Unemployment Not Impressive for April 2013

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%.

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