Miscellaneous

What was the civilian workforce participation rate in December 2015?

What was the civilian workforce participation rate in December 2015?

62.6 percent
The civilian labor force participation rate, at 62.6 percent, was little changed in December and has shown little movement in recent months. In December, the employment-population ratio, at 59.5 percent, changed little.

How often is the US jobs report released?

* The Employment Situation report is typically released on the third Friday after the conclusion of the reference week, i.e., the week which includes the 12th of the month.

What was the level of unemployment when Labour left in 2016?

The U.S. labor market showed continued improvement in 2016. The unemployment rate—4.7 percent in the fourth quarter of 2016—edged down 0.3 percentage point over the year, with most of the decline occurring in the fourth quarter.

What was the jobs report for January 2020?

Nationwide—In January, as the Omicron variant swept the nation, payroll employment increased by more than 467,000 jobs, according to this morning’s monthly jobs report. The unemployment rate remained steady at 4.0%, and 6.5 million workers were unemployed.

How is unemployment measured and reported?

In general, the unemployment rate in the United States is obtained by dividing the number of unemployed persons by the number of persons in the labor force (employed or unemployed) and multiplying that figure by 100.

What is the current unemployment rate and the current labor force participation rate as of December 2021 )?

Labor Force Participation Rate (CIVPART) Download

Feb 2022: 62.3
Jan 2022: 62.2
Dec 2021: 61.9
Nov 2021: 61.9
Oct 2021: 61.7

What is the unemployment rate nationwide?

3.8 percent
The national unemployment rate, 3.8 percent, edged down by 0.2 percentage point over the month and was 2.4 points lower than in February 2021. Nonfarm payroll employment increased in 27 states and was essentially unchanged in 23 states and the District of Columbia in February 2022.

What does the jobs report mean?

The report consists of two main components: the household survey and the establishment survey. 2. Investment firms, corporations, and investors use the jobs report to gauge the overall health of the economy. The bond markets look at the report for what it might indicate about inflation and interest rates.

What was the unemployment rate at the end of 2015?

5.0 percent
National unemployment declined by 1.0 million during the year, to 7.9 million in the fourth quarter of 2015. The decrease was about half that experienced the previous year. The unemployment rate declined by 0.7 percentage point over the year, to 5.0 percent in the fourth quarter of 2015.

What was the unemployment rate at the end of 2014?

Unemployment in the United States continued to decline in 2014, with the number of unemployed falling by 1.9 million over the year, to 8.9 million in the fourth quarter. The unemployment rate fell to 5.7 percent by year’s end—1.0 percentage point above the prerecessionary rate of 2007.

What was the jobs report for December 2019?

The Labor Department released its December 2019 jobs report which shows that U.S. employers added 145,000 jobs in December, which was below analyst expectations. The unemployment rate remained at 3.5%. The labor force participation rate was also unchanged at 63.2%. Year-over-year wage growth slipped to 2.9%.

What was the jobs report for January 2022?

Today, the Bureau of Labor Statistics reported that the American economy added 467,000 jobs in the month of January, and the unemployment rate was 4%, not significantly changed from December.

How many jobs were added in the US in December?

The U.S. employment data showed a bumper 292,000 jobs were added in December, topping expectations of 200,000 by economists polled by Reuters, The unemployment rate held steady at a 7-1/2-year low of 5 percent even as more people joined workforce, a sign of confidence in the labour market.

How many jobs did the US economy add in December 2021?

New York (CNN Business) The US economy added 199,000 jobs in December, the Labor Department reported Friday. That was the fewest jobs added in any month of 2021.

What did the December jobs report say about the economy?

Thanks for joining our live coverage of our stronger-than-expected December jobs report. U.S. job growth surged in December and employment for the prior two months was revised sharply higher, suggesting that a recent manufacturing-led slowdown in economic growth would be temporary.

How many jobs did the US lose in 2020?

The United States lost a total of 22 million jobs in March and April of 2020. By December 2021, the number of jobs were 3.6 million shy of February 2020 levels. The unemployment rate fell to 3.9% in December, marking a new pandemic-era low.