Link quote in the Job Report 2020

Aug 6th, 2022
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How to link quote in the Job Report 2020

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Wall Street seems to be shrugging off last months blowout jobs report futures are pointing lowers docHubly lower even though the economy added about a hundred thousand more jobs and expected an unemployment ticked lower Jessica Smith is live at the Labor Department with the latest Jess a two hundred and seventy three thousand non-farm payrolls rose by two hundred and seventy three thousand the unemployment rate is at 3.5% down from three point six percent in January average hourly earnings rose nine cents to twenty eight dollars and 52 cents thats a point three percent increased month-over-month and a three percent increase year-over-year which is in line with expectations the Labor Department said there is no sign that the coronavirus had any impact on this report we did have some revisions to the up side Januarys numbers revised upward by 48,000 jobs to a total of two hundred and seventy three thousand Decembers number also revised upward to one hundred and eighty four thous

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The unemployment rate has varied from as low as 1% during World War I to as high as 25% during the Great Depression.
The unemployment rate peaked at an unprecedented level, not seen since data collection started in 1948, in April 2020 (14.8%) before declining to a still- elevated level in February 2021 (6.2%) relative to February 2020 (3.5%).
The U.S. economy is projected to add almost 4.7 million jobs from 2022 to 2032, the U.S. Bureau of Labor Statistics (BLS) reported today. Total employment is projected to increase to 169.1 million and grow 0.3 percent annually, which is slower than the 1.2-percent annual growth recorded over the 201222 decade.
Total U.S. employment is projected to grow from 153.5 million to 165.4 million from 2020 to 2030, an increase of 11.9 million jobs, or 7.7 percent.
Between 2020 and 2030, the total U.S. economy is projected to add about 11.9 million jobs, with employment docHubing a level of 165.4 million in 2030.
The unemployment rate is a deciding factor for the Federal Reserve when setting interest rates. Higher levels of unemployment might motivate the Fed to lower rates and spur economic growth, while low levels of unemployment might motivate higher rates to curb inflation.
Employment is projected to grow by 8.4 million jobs to 169.4 million jobs over the 201828 decade, the U.S. Bureau of Labor Statistics (BLS) reported today. This expansion reflects an annual growth rate of 0.5 percent, which is slower than the 200818 annual growth rate of 0.8 percent.
The five fastest-growing careers are wind turbine service technicians, nurse practitioners, data scientists, statisticians and information security analysts.

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