Net private sector jobs increased 0.18% since last month climbing 1.78% above the level seen a year ago and climbing 6.47% above the peak level of employment seen in December 2007 prior to the Great Recession.
Showing posts with label unemployment rate. Show all posts
Showing posts with label unemployment rate. Show all posts
Friday, March 10, 2017
Employment Situation: Nonfarm Payrolls and Civilian Unemployment February 2017
Today's Employment Situation Report indicated that in February, net non-farm payrolls increased by 235,000 jobs overall with the private non-farm payrolls sub-component adding 227,000 jobs while the civilian unemployment rate declined to 4.7% over the same period.
Net private sector jobs increased 0.18% since last month climbing 1.78% above the level seen a year ago and climbing 6.47% above the peak level of employment seen in December 2007 prior to the Great Recession.
Net private sector jobs increased 0.18% since last month climbing 1.78% above the level seen a year ago and climbing 6.47% above the peak level of employment seen in December 2007 prior to the Great Recession.
Friday, February 03, 2017
Employment Situation: Nonfarm Payrolls and Civilian Unemployment January 2017
Today's Employment Situation Report indicated that in January, net non-farm payrolls increased by 227,000 jobs overall with the private non-farm payrolls sub-component adding 237,000 jobs while the civilian unemployment increased to 4.8% over the same period.
Net private sector jobs increased 0.19% since last month climbing 1.80% above the level seen a year ago and climbing 6.30% above the peak level of employment seen in December 2007 prior to the Great Recession.
Net private sector jobs increased 0.19% since last month climbing 1.80% above the level seen a year ago and climbing 6.30% above the peak level of employment seen in December 2007 prior to the Great Recession.
Friday, January 06, 2017
Employment Situation: Nonfarm Payrolls and Civilian Unemployment December 2016
Today's Employment Situation Report indicated that in December, net non-farm payrolls increased by 156,000 jobs overall with the private non-farm payrolls sub-component adding 144,000 jobs while the civilian unemployment increased to 4.7% over the same period.
Net private sector jobs increased 0.12% since last month climbing 1.63% above the level seen a year ago and climbing 6.13% above the peak level of employment seen in December 2007 prior to the Great Recession.
Net private sector jobs increased 0.12% since last month climbing 1.63% above the level seen a year ago and climbing 6.13% above the peak level of employment seen in December 2007 prior to the Great Recession.
Thursday, September 01, 2016
Weekly Unemployment Claims: Initial and Continued September 01 2016
Today’s jobless claims report showed an increase to both initial and continued unemployment claims as seasonally adjusted initial claims remained well below the 300K level.
Seasonally adjusted “initial” unemployment claims increased by 2,000 to 263,000 claims while seasonally adjusted "continued" unemployment claims increased by 14,000 to 2.159 million resulting in an “insured” unemployment rate of 1.6%.
Seasonally adjusted “initial” unemployment claims increased by 2,000 to 263,000 claims while seasonally adjusted "continued" unemployment claims increased by 14,000 to 2.159 million resulting in an “insured” unemployment rate of 1.6%.
Thursday, July 28, 2016
Weekly Unemployment Claims: Initial and Continued July 28 2016
Today’s jobless claims report showed an increase to both initial and continued unemployment claims as seasonally adjusted initial claims remained below the 300K level.
Seasonally adjusted “initial” unemployment claims increased by 14,000 to 266,000 claims while seasonally adjusted "continued" unemployment claims increased by 7,000 to 2.139 million resulting in an “insured” unemployment rate of 1.6%.
Seasonally adjusted “initial” unemployment claims increased by 14,000 to 266,000 claims while seasonally adjusted "continued" unemployment claims increased by 7,000 to 2.139 million resulting in an “insured” unemployment rate of 1.6%.
Friday, July 08, 2016
Employment Situation: Nonfarm Payrolls and Civilian Unemployment June 2016
Today's Employment Situation Report indicated that in June, net non-farm payrolls increased by a notable 287,000 jobs overall with the private non-farm payrolls sub-component adding 265,000 jobs while the civilian unemployment increased to 4.9% over the same period.
Net private sector jobs increased 0.22% since last month climbing 1.94% above the level seen a year ago and climbing 5.24% above the peak level of employment seen in December 2007 prior to the Great Recession.
Net private sector jobs increased 0.22% since last month climbing 1.94% above the level seen a year ago and climbing 5.24% above the peak level of employment seen in December 2007 prior to the Great Recession.
Employment Situation: Total Unemployment June 2016
Today's Employment Situation report showed that in April “total unemployment” including all marginally attached workers decreased to 9.6% while the traditionally reported unemployment rate went flat increased to 4.9%.
The traditional unemployment rate is calculated from the monthly household survey results using a fairly explicit definition of “unemployed” (essentially unemployed and currently looking for full time employment) leaving many workers to be considered effectively “on the margin” either employed in part time work when full time is preferred or simply unemployed and no longer looking for work.
The Bureau of Labor Statistics considers “marginally attached” workers (including discouraged workers) and persons who have settled for part time employment to be “underutilized” labor.
The broadest view of unemployment would include both traditionally unemployed workers and all other underutilized workers.
To calculate the “total” rate of unemployment we would simply use this larger group rather than the smaller and more restrictive “unemployed” group used in the traditional unemployment rate calculation.
The traditional unemployment rate is calculated from the monthly household survey results using a fairly explicit definition of “unemployed” (essentially unemployed and currently looking for full time employment) leaving many workers to be considered effectively “on the margin” either employed in part time work when full time is preferred or simply unemployed and no longer looking for work.
The Bureau of Labor Statistics considers “marginally attached” workers (including discouraged workers) and persons who have settled for part time employment to be “underutilized” labor.
The broadest view of unemployment would include both traditionally unemployed workers and all other underutilized workers.
To calculate the “total” rate of unemployment we would simply use this larger group rather than the smaller and more restrictive “unemployed” group used in the traditional unemployment rate calculation.
Thursday, June 23, 2016
Weekly Unemployment Claims: Initial and Continued June 23 2016
Today’s jobless claims report showed a decline to both initial and continued unemployment claims as seasonally adjusted initial claims remained well below the 300K level.
Seasonally adjusted “initial” unemployment claims declined by 18,000 to 259,000 claims while seasonally adjusted "continued" unemployment claims declined by 20,000 to 2.142 million resulting in an “insured” unemployment rate of 1.6%.
Seasonally adjusted “initial” unemployment claims declined by 18,000 to 259,000 claims while seasonally adjusted "continued" unemployment claims declined by 20,000 to 2.142 million resulting in an “insured” unemployment rate of 1.6%.
Friday, June 03, 2016
Employment Situation: Nonfarm Payrolls and Civilian Unemployment May 2016
Today's Employment Situation Report indicated that in May, net non-farm payrolls increased by only a slight 38,000 jobs overall with the private non-farm payrolls sub-component added just 25,000 jobs while the civilian unemployment remained declined to 4.7% over the same period.
Net private sector jobs increased 0.02% since last month climbing 1.92% above the level seen a year ago and climbing 5.03% above the peak level of employment seen in December 2007 prior to the Great Recession.
Net private sector jobs increased 0.02% since last month climbing 1.92% above the level seen a year ago and climbing 5.03% above the peak level of employment seen in December 2007 prior to the Great Recession.
Employment Situation: Unemployment Duration May 2016
Today's employment situation report showed that conditions for the long term unemployed generally improved in May.
Workers unemployed 27 weeks or more decreased to 1.885 million or 25.1% of all unemployed workers while the median term of unemployment declined to 10.7 weeks and the average stay on unemployment declined to 25.1 weeks.
Workers unemployed 27 weeks or more decreased to 1.885 million or 25.1% of all unemployed workers while the median term of unemployment declined to 10.7 weeks and the average stay on unemployment declined to 25.1 weeks.
Employment Situation: Total Unemployment May 2016
Today's Employment Situation report showed that in April “total unemployment” including all marginally attached workers wen flat at 9.7% while the traditionally reported unemployment rate went flat declined to 4.7%.
The traditional unemployment rate is calculated from the monthly household survey results using a fairly explicit definition of “unemployed” (essentially unemployed and currently looking for full time employment) leaving many workers to be considered effectively “on the margin” either employed in part time work when full time is preferred or simply unemployed and no longer looking for work.
The Bureau of Labor Statistics considers “marginally attached” workers (including discouraged workers) and persons who have settled for part time employment to be “underutilized” labor.
The broadest view of unemployment would include both traditionally unemployed workers and all other underutilized workers.
To calculate the “total” rate of unemployment we would simply use this larger group rather than the smaller and more restrictive “unemployed” group used in the traditional unemployment rate calculation.
The traditional unemployment rate is calculated from the monthly household survey results using a fairly explicit definition of “unemployed” (essentially unemployed and currently looking for full time employment) leaving many workers to be considered effectively “on the margin” either employed in part time work when full time is preferred or simply unemployed and no longer looking for work.
The Bureau of Labor Statistics considers “marginally attached” workers (including discouraged workers) and persons who have settled for part time employment to be “underutilized” labor.
The broadest view of unemployment would include both traditionally unemployed workers and all other underutilized workers.
To calculate the “total” rate of unemployment we would simply use this larger group rather than the smaller and more restrictive “unemployed” group used in the traditional unemployment rate calculation.
Thursday, June 02, 2016
Weekly Unemployment Claims: Initial and Continued June 02 2016
Today’s jobless claims report showed a slight decline to initial and and increase to continued unemployment claims as seasonally adjusted initial claims remained below the 300K level.
Seasonally adjusted “initial” unemployment claims declined by 1,000 to 267,000 claims while seasonally adjusted "continued" unemployment claims increased by 12,000 to 2.172 million resulting in an “insured” unemployment rate of 1.6%.
Seasonally adjusted “initial” unemployment claims declined by 1,000 to 267,000 claims while seasonally adjusted "continued" unemployment claims increased by 12,000 to 2.172 million resulting in an “insured” unemployment rate of 1.6%.
Friday, April 01, 2016
Employment Situation: Nonfarm Payrolls and Civilian Unemployment March 2016
Today's Employment Situation Report indicated that in March, net non-farm payrolls increased by a 215,000 jobs overall with the private non-farm payrolls sub-component adding 195,000 jobs while the civilian unemployment increased to 5.0% over the same period.
Net private sector jobs increased 0.16% since last month climbing 2.25% above the level seen a year ago and climbing 4.93% above the peak level of employment seen in December 2007 prior to the Great Recession.
Net private sector jobs increased 0.16% since last month climbing 2.25% above the level seen a year ago and climbing 4.93% above the peak level of employment seen in December 2007 prior to the Great Recession.
Employment Situation: Total Unemployment March 2016
Today's Employment Situation report showed that in March “total unemployment” including all marginally attached workers rose to 9.8% while the traditionally reported unemployment rate also increased to 5.0%.
The traditional unemployment rate is calculated from the monthly household survey results using a fairly explicit definition of “unemployed” (essentially unemployed and currently looking for full time employment) leaving many workers to be considered effectively “on the margin” either employed in part time work when full time is preferred or simply unemployed and no longer looking for work.
The Bureau of Labor Statistics considers “marginally attached” workers (including discouraged workers) and persons who have settled for part time employment to be “underutilized” labor.
The broadest view of unemployment would include both traditionally unemployed workers and all other underutilized workers.
To calculate the “total” rate of unemployment we would simply use this larger group rather than the smaller and more restrictive “unemployed” group used in the traditional unemployment rate calculation.
The traditional unemployment rate is calculated from the monthly household survey results using a fairly explicit definition of “unemployed” (essentially unemployed and currently looking for full time employment) leaving many workers to be considered effectively “on the margin” either employed in part time work when full time is preferred or simply unemployed and no longer looking for work.
The Bureau of Labor Statistics considers “marginally attached” workers (including discouraged workers) and persons who have settled for part time employment to be “underutilized” labor.
The broadest view of unemployment would include both traditionally unemployed workers and all other underutilized workers.
To calculate the “total” rate of unemployment we would simply use this larger group rather than the smaller and more restrictive “unemployed” group used in the traditional unemployment rate calculation.
Thursday, March 31, 2016
Weekly Unemployment Claims: Initial and Continued March 31 2016
Today’s jobless claims report showed an increase to initial unemployment claims and a decrease to continued unemployment claims as seasonally adjusted initial claims remained below the 300K level.
Seasonally adjusted “initial” unemployment claims increased by 11,000 to 276,000 claims while seasonally adjusted "continued" unemployment claims decreased by 7,000 to 2.73 million resulting in an “insured” unemployment rate of 1.6%.
Seasonally adjusted “initial” unemployment claims increased by 11,000 to 276,000 claims while seasonally adjusted "continued" unemployment claims decreased by 7,000 to 2.73 million resulting in an “insured” unemployment rate of 1.6%.
Friday, November 06, 2015
Employment Situation: Nonfarm Payrolls and Civilian Unemployment October 2015
Today's Employment Situation Report indicated that in October, net non-farm payrolls increased by a by a notable 271,000 jobs overall with the private non-farm payrolls sub-component adding 268,000 jobs while the civilian unemployment rate declined to 5.0% over the same period.
Net private sector jobs increased 0.22% since last month climbing 2.30% above the level seen a year ago and climbing 4.32% above the peak level of employment seen in December 2007 prior to the Great Recession.
Net private sector jobs increased 0.22% since last month climbing 2.30% above the level seen a year ago and climbing 4.32% above the peak level of employment seen in December 2007 prior to the Great Recession.
Friday, September 04, 2015
Employment Situation: Nonfarm Payrolls and Civilian Unemployment August 2015
Today's Employment Situation Report indicated that in August, net non-farm payrolls increased by a by 173,000 jobs overall with the private non-farm payrolls sub-component adding 140,000 jobs while the civilian unemployment rate declined to 5.1% over the same period.
Net private sector jobs increased 0.12% since last month climbing 2.37% above the level seen a year ago and climbing 4.00% above the peak level of employment seen in December 2007 prior to the Great Recession.
Net private sector jobs increased 0.12% since last month climbing 2.37% above the level seen a year ago and climbing 4.00% above the peak level of employment seen in December 2007 prior to the Great Recession.
Friday, February 06, 2015
Employment Situation: Total Unemployment January 2015
Today's Employment Situation report showed that in January “total unemployment” including all marginally attached workers increased slightly to 11.3% while the traditionally reported unemployment rate went increased to 5.7%.
The traditional unemployment rate is calculated from the monthly household survey results using a fairly explicit definition of “unemployed” (essentially unemployed and currently looking for full time employment) leaving many workers to be considered effectively “on the margin” either employed in part time work when full time is preferred or simply unemployed and no longer looking for work.
The Bureau of Labor Statistics considers “marginally attached” workers (including discouraged workers) and persons who have settled for part time employment to be “underutilized” labor.
The broadest view of unemployment would include both traditionally unemployed workers and all other underutilized workers.
To calculate the “total” rate of unemployment we would simply use this larger group rather than the smaller and more restrictive “unemployed” group used in the traditional unemployment rate calculation.
The traditional unemployment rate is calculated from the monthly household survey results using a fairly explicit definition of “unemployed” (essentially unemployed and currently looking for full time employment) leaving many workers to be considered effectively “on the margin” either employed in part time work when full time is preferred or simply unemployed and no longer looking for work.
The Bureau of Labor Statistics considers “marginally attached” workers (including discouraged workers) and persons who have settled for part time employment to be “underutilized” labor.
The broadest view of unemployment would include both traditionally unemployed workers and all other underutilized workers.
To calculate the “total” rate of unemployment we would simply use this larger group rather than the smaller and more restrictive “unemployed” group used in the traditional unemployment rate calculation.
Friday, September 05, 2014
Employment Situation: Nonfarm Payrolls and Civilian Unemployment August 2014
Today's Employment Situation Report indicated that in August, net non-farm payrolls increased by 142,000 jobs overall with the private non-farm payrolls sub-component adding 134,000 jobs while the civilian unemployment rate declined to 6.1% over the same period.
Net private sector jobs increased 0.11% since last month climbing 2.12% above the level seen a year ago and climbing 1.34% above the peak level of employment seen in December 2007 prior to the Great Recession.
Net private sector jobs increased 0.11% since last month climbing 2.12% above the level seen a year ago and climbing 1.34% above the peak level of employment seen in December 2007 prior to the Great Recession.
Friday, February 07, 2014
On The Margin: Total Unemployment January 2014
The latest Employment Situation report showed that in January “total unemployment” including all marginally attached workers declined to 12.7% while the traditionally reported unemployment rate declined to 6.6%.The traditional unemployment rate is calculated from the monthly household survey results using a fairly explicit definition of “unemployed” (essentially unemployed and currently looking for full time employment) leaving many workers to be considered effectively “on the margin” either employed in part time work when full time is preferred or simply unemployed and no longer looking for work.
The Bureau of Labor Statistics considers “marginally attached” workers (including discouraged workers) and persons who have settled for part time employment to be “underutilized” labor.
The broadest view of unemployment would include both traditionally unemployed workers and all other underutilized workers.
To calculate the “total” rate of unemployment we would simply use this larger group rather than the smaller and more restrictive “unemployed” group used in the traditional unemployment rate calculation.
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