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The Labor Department published its monthly jobs report for January at 8:30 a.m. ET on Friday. ... unemployment rate falls to 3.4% as labor market stuns ... The labor force participation rate ...
The labor force participation rate, LFPR (or economic activity rate, EAR), is the ratio between the labor force and the overall size of their cohort (national population of the same age range). Much as in other countries in the West , the labor force participation rate in the U.S. increased significantly during the later half of the 20th ...
The data helps explain why, even with the labor participation rate near its pre-pandemic level, job openings remain near record highs and hundreds of thousands more jobs are created every month ...
The December jobs report is expected to show the US labor market added 153,000 jobs in the month, down from the 227,000 seen in November. Meanwhile, the unemployment rate is expected to hold ...
The survey also reports the labor force participation rate, which is the labor force as a percentage of the population, and the ratio of the employed to the total population of the United States. Although the primary purpose of the CPS is to record employment information, the survey fulfills a secondary role in providing demographic information ...
The steady employment gains in recent months suggest a rough answer. The unemployment rate has been 7.9 percent, 7.8 percent and 7.8 percent for the past three months, while the labor force participation rate has been 63.8 percent, 63.6 percent and 63.6 percent. Meanwhile, job gains have averaged 151,000.
The Job Openings and Labor Turnover Survey (JOLTS) also showed 5.27 million hires were made during the month, down from the 5.39 million made during October. The hiring rate fell to 3.3% from the ...
U.S. unemployment rate and employment to population ratio (EM ratio) Wage share and employment rate in the U.S. Employment-to-population ratio, also called the employment rate, [1] is a statistical ratio that measures the proportion of a country's working age population (statistics are often given for ages 15 to 64 [2] [3]) that is employed.