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The steady employment gains in recent months suggest a rough answer. 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.
June 6, 1933. The United States Employment Service ( USES) is an agency of the federal government of the United States responsible for "assisting coordination of the State public employment services in providing labor exchange and job finding assistance to job seekers and employers". [This quote needs a citation]
The labor force is the actual number of people available for work and is the sum of the employed and the unemployed. The U.S. labor force reached a high of 164.6 million persons in February 2020, just at the start of the COVID-19 pandemic in the United States. [1] Before the pandemic, the U.S. labor force had risen each year since 1960 with the ...
The U.S. economy added 272,000 jobs in May, bringing good news for workers but potentially complicating the Federal Reserve's ongoing crusade against inflation. The data, published Friday by the ...
The U.S. labor market remained strong in 2022, adding another 263,000 jobs in November.But the Bureau of Labor Statistics predicts that the job market may cool off in years to come, projecting ...
U.S. job growth slowed to a still-healthy pace in June, with the unemployment rate rising to 4.1%, increasing the chances that the Federal Reserve will be able to tame inflation without tipping ...