Unemployment

America’s economy keeps churning out jobs.  According to the Bureau of Labor Statistics, firms added 223,000 net new jobs in May 2018, following April’s downwardly revised count of 159,000 (originally 164,000).  Additionally, the unemployment rate fell one-tenth of a percentage point to just 3.8 percent, matching the lowest level since 1969. 

Friday’s employment report covering February 2018 was strong.  According to the Bureau of Labor Statistics, America’s economy added 313,000 net new jobs.   This gain followed an upwardly revised count of 239,000 (originally 200,000) to start this year and an increase of another 15,000 for the December 2017 tally.  The unemployment rate held steady at just 4.1 per

America’s economy continued adding jobs in December 2017 according to the latest data from the Bureau of Labor Statistics (BLS).  Employers hired a net 148,000 new workers as the year came to a close.  Despite the monthly increase in jobs, the unemployment rate held steady at 4.1 percent as the number of available workers also rose in the period.

America’s labor market remained strong during November 2017 according to data from the Bureau of Labor Statistics.  After adding 244,000 in October (downwardly revised from 268,000), employers increased payrolls by 228,000 in the penultimate month of the year.  Our nation’s unemployment rate held steady at 4.1 percent, tied the lowest level since December 2000. 

Headline figures were mixed on Friday when the Bureau of Labor Statistics (BLS) released their employment report.  According to the establishment survey, our economy lost 33,000 jobs to end the third quarter of 2017.  However, the household survey estimates the unemployment rate declined to the lowest level since January 2001, 4.2 percent from 4.3 percent in August.   The BL