Cut page in a Job Report 2020 - Online Editor

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How to cut page in the Job Report 2020

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all right well the US added 303,000 jobs in the month of March well that was well above the Streets expectations now City saying in a recent note that they expected the job market to weaken with just 150,000 jobs added in March leading to 125 basis points of cuts this year almost double what the market is currently pricing in so where do things stand following this higher than expected uh jobs print that we got out this morning we want to bring in one of the economists behind that call you have Andrew Hollen horse hes a city a chief us Economist Andrew its great to see you here so first just your reaction to the print that we got out this morning and whether or not that changes your base case for the fed and the degree of the cuts that you are expecting this year yeah this was a much stronger than expected jobs report like you said stronger than our forecast stronger than consensus forecast I dont know that it changes that much for the FED at the end of the day um or that we should

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What is the unemployment rate in the US in October 2020?

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.

What did the US jobs report January 2020?

In January 2020, the unemployment rate was 3.6 percent and the job openings rate was 4.4 percent.

What is the US jobs report?

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.

What is the employment situation in May 2020?

Total employment, as measured by the household survey, rose by 3.8 million in May to 137.2 million, following a large decline in April. After an 8.7 percentage- point decline in April, the employment-population ratio rose by 1.5 percentage points to 52.8 percent in May.

What was the US jobs report for October?

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.

How is the jobs report measured?

Published by the Bureau of Labor Statistics (BLS) at 8:30 am ET on the first Friday of each month, the jobs report, aka the Employment Situation Summary, is an estimate of: The total number of workers in the U.S. (minus farm jobs) Their average hourly earnings. The number of hours worked weekly.

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