Bold pattern in the Job Report 2020

Aug 6th, 2022
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How to bold pattern in the Job Report 2020

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we get the US jobs report today in just a few hours 8 30 a.m eastern time the data could show a Slowdown in the pace of hiring joining us now is Michael McKee Bloomberg International economics and policy correspondent well could show that The Slowdown but and thats the hope that its going to from from the market are we going to get there well its all relative of course because when were talking about 195 000 jobs is the forecast that is still a docHub number and it is far above the number that economists say you need to fill The Replacements all the people who come into the labor force each month so well see whether we go down or not unemployment expected to tick up just a little bit and we are going to be watching average hourly earnings because the feds going to be watching average hourly earnings but I tell you crazy if youre a momentum Trader and you had 13 up days in a row on a stock you might want to buy into it weve had 13 up months on non-farm payrolls for 13 month

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The workforce is automating faster than expected, displacing 85 million jobs in the next five years. Automation, in tandem with the COVID-19 recession, is creating a double-disruption scenario for workers. Companies adoption of technology will transform tasks, jobs, and skills by 2025.
Total nonfarm payroll employment rose by 638,000 in October, and the unemployment rate declined to 6.9 percent, the U.S. Bureau of Labor Statistics reported on November 6, 2020.
In January 2020, the unemployment rate was 3.6 percent and the job openings rate was 4.4 percent.
Establishment Survey Data Total nonfarm payroll employment increased by 150,000 in October, below the average monthly gain of 258,000 over the prior 12 months. In October, job gains occurred in health care, government, and social assistance. Employment in manufacturing declined due to strike activity.
Total nonfarm payroll employment rose by 245,000 in November, and the unemployment rate edged down to 6.7 percent, the U.S. Bureau of Labor Statistics reported today.
The monthly jobs report from the U.S. Department of Labor provides a useful snapshot of how many jobs the economy created the previous month, how many people were unemployed, and what kind of wage hikes workers received.

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