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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 ...
On May 8, 2020, the Bureau of Labor Statistics reported that 20.5 million non-farm jobs were lost and the unemployment rate rose to 14.7 percent in April. [21] In mid-July 2020 marked the 17th week in a row that unemployment claims topped 1 million.
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 ...
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 ...
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...
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 unemployment rate was forecast to average 11.5% in 2020 and 9.3% in 2021. [111] In June 2020, economic analyst Jim Cramer said that the response to the COVID-19 recession has led to the biggest transfer of wealth to the ultra-wealthy in modern history. [112]
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 ...