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The unemployment rate fell to 4.1% from 4.2% in November. December marked the most monthly job gains seen since March 2023. Revisions to the unemployment rate in 2024 also showed the labor market ...
The U.S. central bank last month delivered a third consecutive interest rate cut, lowering its benchmark overnight interest rate by 25 basis points to the 4.25%-4.50% range.
The average duration of unemployment popped to a two-year high in November, rising to about 24 weeks from 20 weeks the year prior. The unemployment rate has increased to 4.2 percent from its low ...
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.
24/7 Help. For premium support please call: ... Jobless claims fall to lowest level in nearly a month. Josh Schafer. October 24, 2024 at 9:02 AM ... The unemployment rate is expected to remain ...
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 ...
Unemployment in the US by State (June 2023) The list of U.S. states and territories by unemployment rate compares the seasonally adjusted unemployment rates by state and territory, sortable by name, rate, and change. Data are provided by the Bureau of Labor Statistics in its Geographic Profile of Employment and Unemployment publication.
The unemployment rate is forecast to be unchanged at 4.2%. "A low hiring environment continues to pose upside risk to continuing claims," said Gisela Hoxha, an economist at Citigroup.