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Aug 6th, 2022
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How to Finish result in the Job Report 2020

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welcome to the chesapeake bay foundation webinar finishing a job 2020 state of the bay report explained we hope that youre happy healthy safe wherever youre joining us from today and hopefully maybe enjoying some pre-spring weather after all the snow and cold weve all had thank you for joining us today my name is laura luoma ill be the production manager today a few quick housekeeping items before we begin we are recording the webinar for any reason you you get signed off well be sending this out after the fact so you could so dont feel like youre missing anything um itll also be available on our website cbf.org in the coming days we have returned time at the end of todays presentation for questions and answers youre going to hear a lot of great information from our speakers and we encourage you to ask questions throughout the presentation uh you dont have to wait till the end if something piques your interest please ask that well be monitoring that so that can be seen at

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The U.S. economy added a whopping 517,000 jobs in January, ing to Bureau of Labor Statistics data released Friday. This was the largest monthly gain since last July. The unemployment rate fell to 3.4%, the lowest level since early 1969.
Generally, the Employment Situation Summary report provides statistics and data on the direction of wage and employment trends information that can be invaluable to investors.
* The Employment Situation report is typically released on the third Friday after the conclusion of the reference week, i.e., the week which includes the 12th of the month.
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.
U.S. jobs report today: Economy added 517,000 jobs despite recession risk; unemployment fell to 3.4% Employers added a booming 517,000 jobs in January as hiring unexpectedly surged despite high inflation, rising interest rates and the prospect of a weakening economy.
The jobs report is critical to Wall Streets outlook on the economy, particularly its understanding of how far the Federal Reserve has left to go in its campaign of interest rate increases as it looks to bring down inflation.
The report consists of two main components: the household survey, which is used to estimate the unemployment rate, and the establishment survey providing data on payrolls, hours worked, and earnings.
Total nonfarm payroll employment rose by 372,000 in June 2022, down by 524,000 from its pre-pandemic level in February 2020. Private-sector employment has recovered the net job losses due to the pandemic and is 140,000 higher than in February 2020, while government employment is 664,000 lower.

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