.comment-link {margin-left:.6em;}

Economy

Economic Data (USA)

Friday, May 03, 2024

Employment Situation Report for April 2024

Employment Situation Report for April 2024 was released by The Department of Labor's Bureau of Labor Statistics this morning:

Nonfarm Payrolls (month-to-month change)
Actual: +175,000
Previous Month (Revised): 315,000
One Year Previous: 278,000

U-3 Unemployment Rate (Headline)
Actual: 3.9%
Previous Month: 3.8%
12 Months Previous: 3.4%

U-6 Unemployment Rate*
Actual: 7.4%
Previous Month: 7.3%
12 Months Previous: 6.6%

Average Hourly Earnings (month-to-month change)
Predicted: +0.4%
Actual: +0.202% (+$0.07)

Average Hourly Earnings (year-on-year change)
Predicted: +4.1%
Actual: +3.92% (+$1.31)

Average Weekly Earnings (month-to-month change)
Actual: -0.09% (-$1.06)


Average Weekly Earnings (year-on-year change)
Actual: +3.92% (+$44.94)

Civilian Labor Force Participation Rate: 62.7%
Previous Month: 62.7%
12 Months Previous: 62.6%

Average Workweek: 34.3 hours
Previous Month: 34.4 hours
One Year Previous: 34.3 hours

Economist, academics, central bankers and investors pay very close attention to the monthly Employment Situation report as it offers penetrating insight as to the current and near-future state of the overall U.S. economy. If a) Americans are earning more money and b) the economy is creating new jobs, this typically translates to more money being pumped into the economy (and vice versa.)

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

===================
 

CHART: Civilian Unemployment Rate April 2004 THRU April 2024

CHART: Civilian Unemployment Rate
April 2004 THRU April 2024

   ===================

 * =  The U-6 Unemployment Rate is defined as:

"Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force."

===================


===================

Labels: , , , , , , , , , , , , , , , , , ,


--> www.FedPrimeRate.com Privacy Policy <--

>  SITEMAP  <

Friday, April 05, 2024

Employment Situation Report for March 2024

Employment Situation Report for March 2024 was released by The Department of Labor's Bureau of Labor Statistics this morning:

Nonfarm Payrolls (month-to-month change)
Actual: +303,000
Previous Month (Revised): 270,000
One Year Previous: 146,000

U-3 Unemployment Rate (Headline)
Actual: 3.8%
Previous Month: 3.9%
12 Months Previous: 3.5%

U-6 Unemployment Rate*
Actual: 7.3%
Previous Month: 7.3%
12 Months Previous: 6.7%

Average Hourly Earnings (month-to-month change)
Predicted: +0.4%
Actual: +0.35% (+$0.12)

Average Hourly Earnings (year-on-year change)
Predicted: +4.1%
Actual: +4.14% (+$1.38)

Average Weekly Earnings (month-to-month change)
Actual: +0.64% (+$7.59)


Average Weekly Earnings (year-on-year change)
Actual: +4.14% (+$47.48)

Civilian Labor Force Participation Rate: 62.7%
Previous Month: 62.5%
12 Months Previous: 62.6%

Average Workweek
Predicted: 34.4 hours
Actual: 34.4 hours

Economist, academics, central bankers and investors pay very close attention to the monthly Employment Situation report as it offers penetrating insight as to the current and near-future state of the overall U.S. economy. If a) Americans are earning more money and b) the economy is creating new jobs, this typically translates to more money being pumped into the economy (and vice versa.)

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

===================
 
CHART: Persons Not In The Labor Force Who Want A Job, Seasonally Adjusted - March 2004 thru March 2024

CHART: Persons NOT In The Labor Force
Who Want A Job, Seasonally Adjusted
March 2004 thru March 2024

   ===================

 * =  The U-6 Unemployment Rate is defined as:

"Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force."

===================


=================== 

Labels: , , , , , , , , , , , , , , , , , ,


--> www.FedPrimeRate.com Privacy Policy <--

>  SITEMAP  <

Saturday, March 09, 2024

Employment Situation Report for February 2024

Employment Situation Report for February 2024 was released by The Department of Labor's Bureau of Labor Statistics this morning:

Nonfarm Payrolls (month-to-month change)
Actual: +275,000
Previous Month (Revised): 229,000
One Year Previous: 287,000

U-3 Unemployment Rate (Headline)
Actual: 3.9%
Previous Month: 3.7%
12 Months Previous: 3.6%

U-6 Unemployment Rate*
Actual: 7.3%
Previous Month: 7.2%
12 Months Previous: 6.8%

Average Hourly Earnings (month-to-month change)
Predicted: +0.4%
Actual: +0.145% (+$0.05)

Average Hourly Earnings (year-on-year change) 
Predicted: +4.3%
Actual: +4.28% (+$1.42)

Average Weekly Earnings (month-to-month change)
Actual: +0.44% (+$5.17)


Average Weekly Earnings (year-on-year change)
Actual: +3.68% (+$42.07)

Civilian Labor Force Participation Rate: 62.5%
Previous Month: 62.5%
12 Months Previous: 62.5%

Average Workweek
Predicted: 34.3 hours
Actual: 34.3 hours

Economist, academics, central bankers and investors pay very close attention to the monthly Employment Situation report as it offers penetrating insight as to the current and near-future state of the overall U.S. economy. If a) Americans are earning more money and b) the economy is creating new jobs, this typically translates to more money being pumped into the economy (and vice versa.)

The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

===================

CHART: Month-to-Month Change In Nonfarm Payroll Employment - February 2022 thru February 2024

CHART: Month-to-Month Change
In Nonfarm Payroll Employment
February 2022 thru February 2024

   ===================

 * =  The U-6 Unemployment Rate is defined as:

"Total unemployed, plus all persons marginally attached to the labor force, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all persons marginally attached to the labor force."

===================


=================== 

Labels: , , , , , , , , , , , , , , , , , ,


--> www.FedPrimeRate.com Privacy Policy <--

>  SITEMAP  <

bing

bing

www.FedPrimeRate.com
Entire Website © 2024 FedPrimeRate.comSM


This website is neither affiliated nor associated with The United States Federal Reserve
in any way. Information in this website is provided for educational purposes only. The owners
of this website make no warranties with respect to any and all content contained within this
website. Consult a financial professional before making important decisions related to any
investment or loan product, including, but not limited to, business loans, personal loans,
education loans, first or second mortgages, credit cards, car loans or any type of insurance.