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In August, the Labor Department announced that it had overstated the number of jobs added to the U.S. economy from March 2023 to March 2024 —and by quite a bit. The economy added 818,000 fewer ...
The Bureau of Labor Statistics’ preliminary annual benchmark review of employment data suggests that there were 818,000 fewer jobs in March of this year than were initially reported.
U.S. job gains over the 12 months ending in March were revised downward Wednesday by 818,000 — a significant revision that adds to recent concerns that the economy has been slowing.
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 Texas Workforce Commission (TWC) is a governmental agency in the U.S. state of Texas that provides unemployment benefits and services related to employment to eligible individuals and businesses. [ 1 ]
The Bureau of Labor was established within the Department of the Interior on June 27, 1884, to collect information about employment and labor. Its creation under the Bureau of Labor Act (23 Stat. 60) stemmed from the findings of U.S. Senator Henry W. Blair's "Labor and Capital Hearings", which examined labor issues and working conditions in the U.S. [6] Statistician Carroll D. Wright became ...
Leisure & hospitality saw the second-largest downward revision of 150,000. The report moves down the monthly job additions seen in the US economy over the time period to 174,000 from 242,000.
The United States Department of Labor's Bureau of Labor Statistics reports that the average (mean) duration of unemployment in weeks was 37.2 weeks in November 2013. [3] The median duration was 17.0 weeks. 22.6% of people who were unemployed found a new job in less than 5 weeks, while 37.3% had been unemployed for 27 weeks or more.