Black out logo in the Job Report 2020

Aug 6th, 2022
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How to black out logo in the Job Report 2020

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all right lets stay on the jobs report and talk a bit about the broader setup for those seeking employment throughout the economy joining us now to talk about all this is irena novoselski she is the ceo at career career builder irena uh thanks for for joining the show this morning lets start with um your view of the the jobs report i guess also in the context of um how you guys see the labor market today what uh dynamism looks like what companies are looking for what they can find um and put all that together for us and we sit in an interesting spot because were sitting at the birds eye view of both the supply and demand side uh at careerbuilder and so one of the things that everybodys seeing is the 6.2 unemployment rate when you dig underneath theres some positives and then theres some opportunities for improvement um on the positive side as you heard 90 of jobs that were created were in the hospitality and leisure sector when you dig into that 75 of those were for bars and res

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The World Economic Forums The Future of Jobs Report 2020 predicts 85 million jobs globally will be replaced by AI by 2025. The same report also indicates that AI can potentially generate 97 million new roles. However, the types of jobs that AI will create will differ from those being lost.
Non-farm payroll represents the change in jobs in the economy over the previous month that does not include farm workers, private household employees, or non-profits. The statistic is released by the U.S. Department of Labor and is a key indicator of the labor market.
Persons who are neither employed nor unemployed are not in the labor force. This category includes retired persons, students, those taking care of children or other family members, and others who are neither working nor seeking work.
US Nonfarm Payrolls MoM is at a current level of 303.00K, up from 270.00K last month and up from 146.00K one year ago. This is a change of 12.22% from last month and 107.5% from one year ago.
United States Nonfarm Payrolls Release DateActualForecast Apr 05, 2024 (Mar) 303K 212K Mar 08, 2024 (Feb) 275K 198K Feb 02, 2024 (Jan) 353K 187K Jan 05, 2024 (Dec) 216K 170K2 more rows
The top skills and skill groups which employers see as rising in prominence in the lead up to 2025 include groups such as critical thinking and analysis as well as problem-solving, and skills in self-management such as active learning, resilience, stress tolerance and flexibility.
Non-Farm Payroll Data The increase is an indication that the economy is growing when non-farm payrolls are expanding but this may lead to an increase in inflation. That may be viewed as a negative for the economy if increases in non-farm payroll occur at a fast rate.
Basic Info. US Total Nonfarm Payrolls is at a current level of 158.13M, up from 157.83M last month and up from 155.21M one year ago.

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