Transform your daily workflows and Correct Job Report 2020

Aug 6th, 2022
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How to Correct Job Report 2020

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- Theres been a lot of press coverage about people quitting their jobs. Well, todays report tells you why. - [Josephine] Here, President Biden is referring to the Labor Departments monthly jobs report, a key gauge of American employment and inflation. The report can move trillions of dollars in market trades and influence policy decisions, like interest rates at the Federal Reserve. But the report still has its limits. - There are some things that the jobs report just doesnt include. And because of that, were not getting a complete picture of the US jobs market. - [Josephine] Heres what you need to know to read the monthly jobs report, including what it tells you, and what it doesnt. The report, which is normally released on the first Friday of the month, gives a look at the current state of the economy. And while economists read it in depth, there are four key areas that they tend to focus on. Non-farm payrolls, often simply referred to as jobs, shows the number of positions a

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Today, the Bureau of Labor Statistics reported reported that the American economy added 517,000 jobs in the month of January, and the unemployment rate ticked down to 3.4 percent, the lowest rate since May of 1969.
Nonfarm payrolls surged by 467,000 for the month, while the unemployment rate edged higher to 4%, ing to the Bureau of Labor Statistics. The Dow Jones estimate was for payroll growth of 150,000 and a 3.9% unemployment rate.
Job openings rate 6.9 percent, unemployment 3.6 percent, in May 2022 : The Economics Daily: U.S. Bureau of Labor Statistics. The . gov means its official.
The national unemployment rate, 3.6 percent, was little changed over the month but was 0.4 percentage point lower than in January 2019. Nonfarm payroll employment increased in 12 states in January 2020 and was essentially unchanged in 38 states and the District of Columbia.
Fridays jobs report showed a slowing pace of wage growth even as employment levels climbed back up to a 50-year high a sign that the Fed is breaking the back of inflation and that consumer prices will continue their five-month downward slide.
The U.S. Bureau of Labor Statistics (BLS) released its jobs report for January 2023, and the numbers were surprisingly high. The U.S. added 517,000 nonfarm payroll jobs in January, more than doubling economists estimates. The unemployment rate fell to 3.4%, its lowest level since 1969.
The January jobs report showed nonfarm payrolls increased by 517,000, far higher than the 187,000 market estimate. The unemployment rate fell to 3.4% versus the estimate for 3.6%. That is the lowest jobless level since May 1969. Leisure and hospitality added 128,000 jobs to lead all sectors.

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