Total nonfarm payroll employment increased by 175,000 in February, and the unemployment rate was little changed at 6.7 percent, the U.S. Bureau of Labor Statistics reported today. ...
The change in total nonfarm payroll employment for December was revised from +75,000 to +84,000, and the change for January was revised from +113,000 to +129,000. With these revisions, employment gains in December and January were 25,000 higher than previously reported.
Read more at http://www.calculatedriskblog.com/#W3shBA8DHRFl1ohE.99
The change in total nonfarm payroll employment for December was revised from +75,000 to +84,000, and the change for January was revised from +113,000 to +129,000. With these revisions, employment gains in December and January were 25,000 higher than previously reported.
Read more at http://www.calculatedriskblog.com/#W3shBA8DHRFl1ohE.99
Total nonfarm payroll employment increased by 175,000 in February, and the unemployment rate was little changed at 6.7 percent, the U.S. Bureau of Labor Statistics reported today. ...
The change in total nonfarm payroll employment for December was revised from +75,000 to +84,000, and the change for January was revised from +113,000 to +129,000. With these revisions, employment gains in December and January were 25,000 higher than previously reported.
Read more at http://www.calculatedriskblog.com/#W3shBA8DHRFl1ohE.99
The change in total nonfarm payroll employment for December was revised from +75,000 to +84,000, and the change for January was revised from +113,000 to +129,000. With these revisions, employment gains in December and January were 25,000 higher than previously reported.
Read more at http://www.calculatedriskblog.com/#W3shBA8DHRFl1ohE.99
Total nonfarm payroll employment increased by 175,000 in February, and the unemployment rate was little changed at 6.7 percent, the U.S. Bureau of Labor Statistics reported today. ...
The change in total nonfarm payroll employment for December was revised from +75,000 to +84,000, and the change for January was revised from +113,000 to +129,000. With these revisions, employment gains in December and January were 25,000 higher than previously reported.
Read more at http://www.calculatedriskblog.com/#W3shBA8DHRFl1ohE.99
The change in total nonfarm payroll employment for December was revised from +75,000 to +84,000, and the change for January was revised from +113,000 to +129,000. With these revisions, employment gains in December and January were 25,000 higher than previously reported.
Read more at http://www.calculatedriskblog.com/#W3shBA8DHRFl1ohE.99
Total nonfarm payroll employment increased by 175,000 in February,
and the unemployment rate was little changed at 6.7 percent, the U.S. Bureau of
Labor Statistics reported today. The change in total nonfarm payroll employment
for December was revised from +75,000 to +84,000, and the change for January
was revised from +113,000 to +129,000. With
these revisions, employment gains in December and January were 25,000 higher
than previously reported.
The headline number was above expectations of 150,000 payroll jobs added.
The graph below shows the job losses from the start of the
employment recession, in percentage terms, compared to previous post
WWII recessions. The dotted line is ex-Census hiring. As you can see we are very close to getting
back all the jobs lost since the recession officially began. We need 667,000 new jobs created before
getting back to the zero line.
This chart illustrates the depth of the recent employment recession - worse than any other post-war recession - and the relatively slow recovery due to the lingering effects of the housing bust and financial crisis.
The next chart shows the employment population ration and the participation rate, both of which are finally starting to tick upward at the same time. Very good news on the jobs front.
The headline number was above expectations of 150,000 payroll jobs added.
The first graph shows the job losses from the start of the employment recession, in percentage terms, compared to previous post WWII recessions. The dotted line is ex-Census hiring.
This shows the depth of the recent employment recession - worse than any other post-war recession - and the relatively slow recovery due to the lingering effects of the housing bust and financial crisis.
Employment is 0.5% below the pre-recession peak (666 thousand fewer total jobs).
NOTE: The second graph is the change in payroll jobs ex-Census - meaning the impact of the decennial Census temporary hires and layoffs is removed to show the underlying payroll changes.
The third graph shows the unemployment rate.
The unemployment rate increased in February to 6.7% from 6.6% in January.
Read more at http://www.calculatedriskblog.com/#W3shBA8DHRFl1ohE.99
The first graph shows the job losses from the start of the employment recession, in percentage terms, compared to previous post WWII recessions. The dotted line is ex-Census hiring.
This shows the depth of the recent employment recession - worse than any other post-war recession - and the relatively slow recovery due to the lingering effects of the housing bust and financial crisis.
Employment is 0.5% below the pre-recession peak (666 thousand fewer total jobs).
NOTE: The second graph is the change in payroll jobs ex-Census - meaning the impact of the decennial Census temporary hires and layoffs is removed to show the underlying payroll changes.
The third graph shows the unemployment rate.
The unemployment rate increased in February to 6.7% from 6.6% in January.
Read more at http://www.calculatedriskblog.com/#W3shBA8DHRFl1ohE.99
