Transform your daily workflows and Underline Job Report 2020

Aug 6th, 2022
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How to Underline Job Report 2020

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the US governments monthly jobs report is one of the most important if not the most important measures of the economys health but many people look only at the two big headline numbers the unemployment rate and the number of jobs that were added or lost that doesnt paint the entire picture of the labor market you need to dig deeper to find other pieces of data that also matter a lot thats what investors do and its what policymakers like Federal Reserve chair Janet Yellen does here are three other numbers also in the monthly report that helps show why yelling remains wary about the job market recovery the labor force participation rate this is the total number of people working or trying to find a job / basically people over the age of 16 not in jail or in the Armed Forces this rate has been hovering around sixty-three percent the lowest level since the late 1970s it was above sixty-six percent before the Great Recession whats happening the government has said that fewer women hav

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Today, the Bureau of Labor Statistics reported reported that the American economy added 517,000 jobs in the month of January, and the unemployment rate ticked down to 3.4 percent, the lowest rate since May of 1969.
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.
Today, the Bureau of Labor Statistics reported that the American economy added 517,000 jobs in the month of January, and the unemployment rate ticked down to 3.4 percent, the lowest rate since May of 1969.
The unemployment rate increased in 2020, surging to 13.0 percent in the second quarter of the year before easing to 6.7 percent in the fourth quarter.
Line 1, Labor force participation rate 63.3. Group 13, Jan-2020. Line 1, Labor force participation rate 63.4.
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.
U.S. jobs report today: Economy added 517,000 jobs despite recession risk; unemployment fell to 3.4% Employers added a booming 517,000 jobs in January as hiring unexpectedly surged despite high inflation, rising interest rates and the prospect of a weakening economy.
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.

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