Set construction in the Job Report 2020

Aug 6th, 2022
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How to set construction in the Job Report 2020

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your thoughts on this report so I think exactly as you were describing its going to keep the FED on track for a 75 basis point move at the next meeting its broadly within the parameters of what they were expecting as as you had said that they were hoping that theyd still see a little bit more uptick in labor force participation but they didnt get that they do uh I think they are expecting the unemployment rate will start to move up a bit something will be heartening is that we didnt see an acceleration in wage growth so so that isnt isnt taking off that would be the most problematic thing for them because I would suggest inflation expectations or inflation really becoming quite entrenched and so I think thats the the other key thing to be looking at going forward where is wage growth going and so forth or that at five percent obviously thats higher much higher than it has been but certainly lower than pretty much any measure of headline inflation Randy I want to stick on parti

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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.
The report consists of the household survey, which is used to estimate the unemployment rate, and the establishment survey providing data on payrolls, hours worked, and earnings.
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.
The five fastest-growing careers are wind turbine service technicians, nurse practitioners, data scientists, statisticians and information security analysts.
Employers see crit- ical thinking, analysis, and problem solving as growing in importance in the coming years, although these have consistently been cited in pre- vious editions of the survey. Newly emerging this year are skills in self-management, such as active learning, resilience, stress tolerance, and flexibility.
In February 2020, total U.S. nonfarm payroll employment rose by 273,000 to 152.5 million.
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.
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.

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