Shade word in a Job Report 2020 - Online Editor

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How to shade word in the Job Report 2020

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Wall Street appears unfazed by last month's strong jobs report, with futures indicating a lower trend. The economy added 273,000 non-farm payrolls, resulting in an unemployment rate of 3.5%, down from 3.6% in January. Average hourly earnings rose by nine cents to $28.52, reflecting a 0.3% month-over-month increase and a 3% year-over-year increase, aligning with expectations. The Labor Department reported no signs of coronavirus impact on the employment figures. Additionally, January's job numbers were revised upward by 48,000 to a total of 273,000, and December's figures were also adjusted upward to 184,000.

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What is the employment situation in June 2020?

Total nonfarm payroll employment rose by 4.8 million in June, and the unemployment rate declined to 11.1 percent, the U.S. Bureau of Labor Statistics reported today.

What did the U.S. jobs report January 2020?

In January 2020, the unemployment rate was 3.6 percent and the job openings rate was 4.4 percent.

What was the June Job Report?

Today, the Bureau of Labor Statistics reported that the American economy added 209,000 jobs in the month of June, and the unemployment rate ticked down to 3.6 percent, continuing the longest stretch of sub-4 percent unemployment since the 1960s.

What was the jobs Report oct 2020?

Total nonfarm payroll employment rose by 638,000 in October, and the unemployment rate declined to 6.9 percent, the U.S. Bureau of Labor Statistics reported on November 6, 2020.

What is the job report for June 2020?

Nonfarm payrolls rose by 4.8 million in June, much better than the expected increase of 2.9 million. The unemployment rate fell to a crisis low of 11.1%, also better than the 12.4% estimate. Those on temporary layoff fell by 4.8 million in June to 10.6 million after a decrease of 2.7 million in May.

Are full time jobs declining?

In the most recent BLS employment report, the percentage of full-time jobs relative to the population dropped sharply. The robust headline number of 216,000 led most media commentators to suggest a soft landing is at hand. However, the decline in full-time employment suggests recession risks are higher than thought.

How do you interpret the Jolts report?

Using JOLTS To Measure Labor Market Tightness This measure divides the number of vacancies (provided in the JOLTS) by the number of unemployed workers. If the ratio is 2-to-1, this means there are two vacancies for every unemployed worker.

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