Fix tag in the Job Report 2020

Aug 6th, 2022
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The Bureau of Labor Statistics reported that the U.S. economy added 199,000 jobs in November 2023, marking an uptick from October but coming in below the average of the prior 12 months.
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.
By the Numbers: U.S. Economy Adds Over 350,000 Jobs in January Exceeding Expectations. Kicking off 2024, the U.S. Labor Departments Bureau of Labor Statistics reported last week that the U.S. economy added over 350,000 jobs in January far exceeding expectations.
The unemployment rate in April 2020 increased by 10.3 percentage points to 14.7 percent. This is the highest rate and the largest over-the-month increase in the history of the data (available back to January 1948). The number of unemployed persons rose by 15.9 million to 23.1 million in April.
Todays report shows that Bidenomics is growing the economy from the middle out and bottom upnot the top down. The economy has created 14 million jobs since I took office and 150,000 jobs in October.
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.
Job growth slowed more than expected in October and the unemployment rate climbed to 3.9%, marking the end of large monthly gains, the government reported on Friday. Nonfarm payrolls grew by 150,000 last month versus a downwardly revised 297,000 in September.
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.

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