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July’s unemployment rate, the most recent figure available, was 4.3%, the Bureau of Labor Statistics reported. That’s up from 3.5% a year ago. That’s up from 3.5% a year ago.
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 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 Bureau of Labor Statistics (BLS) reported last month that the national August 2020 unemployment rate was 8.4%. More recently, on Wednesday, September 30, the BLS released metro area ...
The following table illustrates the impact of the pandemic on key economic measures. February 2020 represented the pre-crisis level for most variables, with the S&P 500 stock market index (a leading indicator) falling from its February 19 peak. From February through June, the number of persons with jobs was down 14.6 million.
The unemployment rate was forecast to average 11.5% in 2020 and 9.3% in 2021. [264] The COVID recession increased wealth and racial inequality. [265] According to a study, the pandemic drove 8 million Americans into poverty between May and September 2020. [266]
The unemployment rate improved to 3.8% to reach the lowest level since February 2020 before the pandemic meaningfully dented the U.S. economy. And this came even as the labor force participation ...
The Quarterly Census of Employment and Wages (QCEW, aka ES-202) is a program of the Bureau of Labor Statistics in the US Department of Labor that produces a comprehensive tabulation of employment and wage information for workers covered by state unemployment insurance (UI) laws, as reported to state workforce agencies (SWAs [1]) and the Unemployment Compensation for Federal Employees (UCFE ...