employment situation

The Employment Situation – February 2025

The Employment Situation - February 2019

The total nonfarm payroll employment in February changed a little by 20,000 as compared to January. The unemployment rate has decreased to 3.8 percent. The main reason for improvement in unemployment rate is based on professional and business services, wholesale trade, health care that saw a trend up while construction employment decreased. Household Survey Data The overall unemployment rate declined by 0.2 percentage point to 3.8 percent in February while … Read more

The Employment Situation – August 2019

The Employment Situation – August 2019

Key Points:  Total nonfarm payroll employment in August rose by 130,000. The rise in June was 178,000  Increase in the average hourly earnings to 0.4 percent in August  from 0.3 percent in July The labor participation rate has risen from 63 percent in July to 63.2 percent in August   The employment situation for August shows that the rate of unemployment remains unchanged at 3.7 percent. The report for August … Read more

The Employment Situation – January 2025

The Employment Situation - January 2019

In January, the total nonfarm payroll employment increased by 304,000 as compared to December which had an increase of 312,000 jobs. The unemployment rate has increased from 3.7 percent to 4 percent and this could be attributed to the Shutdown which lasted for 35 days from December 22, 2018, until January 25, 2019. Household Survey Data There has been a 0.3 percent increase in the unemployment rate and the number … Read more