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How to Save Job Report 2020

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and now to todays big story its jobs all day lets get an economist Anthony champ back into the mix here Anthony we just heard Emily say the the Fed Funds Fed fund futures market is pricing less of a rate cut is that the right move big jobs number today oh I have no doubt that its the right move because this number is telling you that the economy is doing fine what we dont know is the extent of how much further weakness we can see either in China and spillover into the United States and thats why theres still some expectation that the Federal Reserve would be prepared to act if conditions were to deteriorate and you certainly see that in the 10-year yield even after this great employment report you would think the 10-year yield would pick up but the braum market is telling you wait not so fast we still have to be a little cautious a little trepidation there I want to break this down by sectors in terms of how many jobs were added in certain sectors we had warmer weather and so t

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How many jobs did the US add in January?

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.

What did bls jobs report in January 2022?

Employment up by 467,000 in January 2022, down by 2.9 million since February 2020. Total nonfarm payroll employment increased by 467,000 in January 2022. Employment growth continued in leisure and hospitality, professional and business services, retail trade, and transportation and warehousing.

What was the US jobs report Jan 2020?

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.

What was the unemployment rate January 1 2020?

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.

What was January US jobs report?

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.

How many people quit their jobs in 2020?

Even so, these are still incredibly historic numbers, given that the peak number of resignations in 2020 was 3.4 million. From 2019-2021, the monthly quit rate has fluctuated between 2-3%.

Is the government still paying people not to work?

Federal unemployment benefit programs under the CARES Act ended on September 4, 2021.

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