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According to Bureau of Labor Statistics, unemployment during Trump's presidency peaked in April 2020 at 14.8%, heavily due to the COVID-19 pandemic. The rate was the highest of any month since the ...
The unemployment rate was at 3.5% in February 2020 compared to 6.4% when Trump left office in January 2021, according to Bureau of Labor Statistics data. - Brad Sylvester
The BLS uses the data to publish reports early each month called the Employment Situation. [2] This report provides estimates of the unemployment rate and the numbers of employed and unemployed people in the United States based on the CPS. A readable Employment Situation Summary [3] is provided monthly. Annual estimates include employment and ...
The U.S. Bureau of Labor Statistics (BLS) publishes a monthly "Employment Situation Summary" with key statistics and commentary. [10] As of June 2018, approximately 128.6 million people in the United States have found full-time work (at least 35 hours a week in total), while 27.0 million worked part-time. [11]
Sahm rule 1949-2024. In macroeconomics, the Sahm rule, or Sahm rule recession indicator, is a heuristic measure by the United States' Federal Reserve for determining when an economy has entered a recession. [1]
The February jobs report provides an update on the resiliency of the labor market ahead of the Federal Reserve's next policy decision on March 20. February jobs report: US economy adds 275,000 ...
The 2020 stock market crash began on 20 February 2020, although the economic aspects of the COVID-19 recession began to materialize in late 2019. [108] [109] [110] Due to COVID-19 lockdowns, global markets, banks and businesses were all facing crises not seen since the Great Depression in 1929. [citation needed]
Reversing the recent downward trend jobless claims had been on for a few weeks, the advance figure for seasonally adjusted initial claims was 248,000, an increase of 23,000 from the previous week's...