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The 10-year projections cover economic growth, employment by industry and occupation, and labor force. They are widely used in career guidance, in planning education and training programs, and in studying long-range employment trends. These projections, which are updated every two years, are part of a nearly 60-year tradition of providing ...
Wednesday's release shows the US labor market added fewer jobs than initially reported in the 12-month period ending in March 2024 but economists are wary about reading too much into the release.
The threat of higher tariffs on goods if Trump is returned to the White has also prompted businesses to front load on imports, driving the trade deficit to a nearly 2-1/2-year high in September.
In February 2020, at the start of the COVID-19 pandemic in the United States, there were 164.6 million civilians in the labor force. [2] Before the pandemic, the U.S. labor force had risen each year since 1960 with the exception of the period following the Great Recession, when it remained below 2008 levels from 2009 to 2011. [2]
A hot December jobs report, combined with a murky inflation outlook for 2025, has some economists debating if the Federal Reserve may need to hike interest rates again.
U.S. states by net employment rate (% of population 16 and over) 2022 [1] National rank State Employment rate in % (total population) ... United States: 60.0
It was 1.43 a year ago. The U.S. central bank reduced rates last month for the third straight time since it kicked off its easing cycle in September, but projected fewer cuts this year.
The Occupational Employment and Wage Statistics) (OEWS) survey is a semi-annual survey of approximately 200,000 non-farm business establishments conducted by the Bureau of Labor Statistics (BLS), headquartered in Washington, DC with six regional offices and one office in each state. Until the spring of 2021 it was officially called the ...