Showing posts with label statistics. Show all posts
Showing posts with label statistics. Show all posts

Saturday, February 08, 2025

Unemployment Rate Drops To 4.0% In January

 

The Labor Department released it unemployment report for January on Friday. It showed the economy produced only 143,000 jobs in the month, but that was good enough to lower the unemployment rate to 4.0% (from 4.1% in December).

Here are the relevant statistics for January:

SIZE OF THE CIVILIAN WORK FORCE:

170,744,000

OFFICIAL NUMBER OF UNEMPLOYED WORKERS:

6,849,000

OFFICIAL UNEMPLOYMENT RATE:

4.0%

DEMOGRAPHIC BREAKDOWN OF OFFICIAL UNEMPLOYMENT:

Adult men...............3.7%

Adult women...............3.7%

Teens (16-19)...............11.8%

Whites...............3.5%

Blacks...............6.2%

Asians...............3.7%

Hispanics...............4.8%

Less than HS diploma...............5.7%

HS graduate...............4.5%

Some college...............3.5%

Bachelor's deg. or more...............2.3%

NUMBER OF MARGINALLY-ATTACHED WORKERS (unemployed but not counted):

1,590,000

MORE REALISTIC NUMBER OF UNEMPLOYED WORKERS (official + marginally-attached):

8,439,000

MORE REALISTIC UNEMPLOYMENT RATE:

4.9%

Friday, February 07, 2025

About 219,000 Workers Filed For Unemployment Last Week


The Labor Department released its weekly unemployment report on Thursday. It showed about 219,000 workers filed for unemployment benefits in the week ending on February 1st. Here is the official Labor Department statement: 

In the week ending February 1, the advance figure for seasonally adjusted initial claims was 219,000, an increase of 11,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 207,000 to 208,000. The 4-week moving average was 216,750, an increase of 4,000 from the previous week's revised average. The previous week's average was revised up by 250 from 212,500 to 212,750.

Friday, January 31, 2025

About 207,000 Workers Filed For Unemployment Last Week


The Labor Department released its weekly unemployment report on Thursday. The report showed that 207,000 workers filed for unemployment benefits in the week ending on January 25th. Here is the official Labor Department statement:

In the week ending January 25, the advance figure for seasonally adjusted initial claims was 207,000, a decrease of 16,000 from the previous week's unrevised level of 223,000. The 4-week moving average was 212,500, a decrease of 1,000 from the previous week's unrevised average of 213,500.

Friday, January 24, 2025

About 223,000 Workers Filed For Unemployment Last Week


The Labor Department released its weekly unemployment report on Thursday. It showed about 223,000 workers filed for unemployment benefits in the week ending on January 18th. Here is the official Labor department statement:

In the week ending January 18, the advance figure for seasonally adjusted initial claims was 223,000, an increase of 6,000 from the previous week's unrevised level of 217,000. The 4-week moving average was 213,500, an increase of 750 from the previous week's unrevised average of 212,750.

 

Friday, January 17, 2025

About 217,000 Workers Filed For Unemployment Last Week

 

The Labor Department released their weekly unemployment report on Thursday. It showed about 217,000 workers filed for unemployment benefits in the week ending on January 11th. Here is the official Labor Department statement:

In the week ending January 11, the advance figure for seasonally adjusted initial claims was 217,000, an increase of 14,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 201,000 to 203,000. The 4-week moving average was 212,750, a decrease of 750 from the previous week's revised average. The previous week's average was revised up by 500 from 213,000 to 213,500.

Saturday, January 11, 2025

The Unemployment Rate For December Was 4.1% (0.1% Less Than November)

 

The Labor Department released its unemployment report for December on Friday. It showed the economy produced about 256,000 jobs in the month. That was enough to lower the unemployment rate back to 4.1%.

Here are the relevant statistics for the month of December:

SIZE OF THE CIVILIAN WORK FORCE

168,547,000

OFFICIAL NUMBER OF UNEMPLOYED WORKERS

6,886,000

OFFICIAL UNEMPLOYMENT RATE

4.1%

DEMOGRAPHIC BREAKDOWN OF OFFICIAL UNEMPLOYMENT

Adult men...............3.7%

Adult women...............3.8%

Teens (16-19)...............12.4%

Whites...............3.6%

Blacks...............6.1%

Asians...............3.5%

Hispanics...............5.1%

Less than HS diploma...............5.6%

HS graduate...............4.3%

Some college...............3.5%

Bachelor's deg. or more...............2.4%

NUMBER OF MARGINALLY-ATTACHED WORKERS (unemployed but not counted)

1,562,000

MORE REALISTIC NUMBER OF UNEMPLOYED (official + marginally-attached)

8,448,000

MORE REALISTIC UNEMPLOYMENT RATE

5.0%

Thursday, January 09, 2025

About 201,000 Workers Filed For Unemployment Last Week


The Labor Department released its weekly unemployment report on Wednesday this week. It showed about 201,000 workers filed for unemployment benefits in the week ending on January 4th. Here is the official Labor Department statement: 

In the week ending January 4, the advance figure for seasonally adjusted initial claims was 201,000, a decrease of 10,000 from the previous week's unrevised level of 211,000. The 4-week moving average was 213,000, a decrease of 10,250 from the previous week's unrevised average of 223,250.

Friday, January 03, 2025

About 211,000 Workers Filed For Unemployment Last Week


The Labor Department released its weekly unemployment report on Thursday. It showed about 211,000 workers filed for unemployment benefits in the week ending on December 28th. Here is the official Labor Department statement:

In the week ending December 28, the advance figure for seasonally adjusted initial claims was 211,000, a decrease of 9,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 219,000 to 220,000. The 4-week moving average was 223,250, a decrease of 3,500 from the previous week's revised average. The previous week's average was revised up by 250 from 226,500 to 226,750. 

Friday, December 27, 2024

About 219,000 Workers Filed For Unemployment Last Week


The Labor Department released its weekly unemployment report on Thursday. It showed about 219,000 workers filed for unemployment benefits in the week ending on December 21st. Here is the official Labor Department statement:

In the week ending December 21, the advance figure for seasonally adjusted initial claims was 219,000, a decrease of 1,000 from the previous week's unrevised level of 220,000. The 4-week moving average was 226,500, an increase of 1,000 from the previous week's unrevised average of 225,500.

Friday, December 20, 2024

About 220,000 Workers Filed For Unemployment Last Week

 

The Labor Department released its weekly unemployment report on Thursday. It showed about 220,000 workers filed for unemployment benefits in the week ending on December 14th. Here is the official Labor Department statement:

In the week ending December 14, the advance figure for seasonally adjusted initial claims was 220,000, a decrease of 22,000 from the previous week's unrevised level of 242,000. The 4-week moving average was 225,500, an increase of 1,250 from the previous week's unrevised average of 224,250.

Friday, December 13, 2024

About 242,000 Workers Filed For Unemployment Last Week

 

The Labor Department released its weekly unemployment report on Thursday. It showed about 242,000 workers filed for unemployment benefits in the week ending on December 7th. Here is the official Labor Department statement:

In the week ending December 7, the advance figure for seasonally adjusted initial claims was 242,000, an increase of 17,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 224,000 to 225,000.The4-week movingaveragewas 224,250, an increase of 5,750 from the previous week's revised average. The previous week's average was revised up by 250 from 218,250 to 218,500.

Saturday, December 07, 2024

November Unemployment Rate Rises Slightly To 4.2%


The Labor Department released its unemployment report for November on Friday. It showed the economy created a healthy 227,000 jobs for the month. That was good enough to keep the unemployment rate at a low 4.2% (only 0.1% over October). 

Are are the relevant statistics for November:

SIZE OF THE CIVILIAN WORK FORCE:

168,286,000

OFFICIAL NUMBER OF UNEMPLOYED WORKERS:

7,145,000

OFFICIAL UNEMPLOYMENT RATE:

4.2%

DEMOGRAPHIC BREAKDOWN OF OFFICIAL UNEMPLOYMENT:

Adult men...............3.9%

Adult women...............3.9%

Teens (16-19)...............13.2%

Whites...............3.8%

Blacks...............6.4%

Asians...............3.8%

Hispanics...............5.3%

Less than HS diploma...............6.0%

HS graduate...............4.6%

Some college...............3.6%

Bachelor's deg. or more...............2.4%

NUMBER OF MARGINALLY-ATTACHED WORKERS (unemployed but no longer counted):

1,572,000

MORE REALISTIC NUMBER OF UNEMPLOYED WORKERS (official + marginally-attached):

8,717,000

MORE REALISTIC UNEMPLOYMENT RATE:

5.18%

Friday, December 06, 2024

About 224,000 Filed For Unemployment Last Week


The Labor Department released its weekly unemployment report on Thursday. It showed that 224,000 workers filed for unemployment benefits in the week ending on November 30th. Here is the official Labor Department statement:

In the week ending November 30, the advance figure for seasonally adjusted initial claims was 224,000, an increase of 9,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 213,000 to 215,000. The 4-week moving average was 218,250, an increase of 750 from the previous week's revised average. The previous week's average was revised up by 500 from 217,000 to 217,500.

Thursday, November 28, 2024

About 213,000 Workers Filed For Unemployment Last Week

 

The Labor Department released its weekly unemployment report on Wednesday (due to Thursday being a holiday). It showed that about 213,000 thousand workers filed for unemployment benefits in the week ending on November 23rd. Here is the official Labor Department statement:

In the week ending November 23, the advance figure for seasonally adjusted initial claims was 213,000, a decrease of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 213,000 to 215,000. The 4-week moving average was 217,000, a decrease of 1,250 from the previous week's revised average. The previous week's average was revised up by 500 from 217,750 to 218,250.

Friday, November 22, 2024

About 213,000 Workers Filed For Unemployment Last Week


The Labor Department released its weekly unemployment report on Thursday. It showed that 213,000 workers filed for unemployment benefits in the week ending on November 16th. Here is the official Labor Department statement: 

In the week ending November 16, the advance figure for seasonally adjusted initial claims was 213,000, a decrease of 6,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 217,000 to 219,000. The 4-week moving average was 217,750, a decrease of 3,750 from the previous week's revised average. The previous week's average was revised up by 500 from 221,000 to 221,500.

Friday, November 15, 2024

About 217,000 Workers Filed For Unemployment Last Week

 

The Labor Department released its weekly unemployment report on Thursday. It showed about 217,000 workers filed for unemployment benefits in the week ending on November 9th. Here is the official Labor Department statement:

In the week ending November 9, the advance figure for seasonally adjusted initial claims was 217,000, a decrease of 4,000 from the previous week's unrevised level of 221,000. The 4-week moving average was 221,000, a decrease of 6,250 from the previous week's unrevised average of 227,250.

Friday, November 08, 2024

About 221,000 Workers Filed For Unemployment Last Week


The Labor Department released its weekly unemployment report on Thursday. It showed about 221,000 workers filed for unemployment benefits in the week ending on November 2nd. Here is the official Labor Department statement:

In the week ending November 2, the advance figure for seasonally adjusted initial claims was 221,000, an increase of 3,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 216,000 to 218,000. The 4-week moving average was 227,250, a decrease of 9,750 from the previous week's revised average. The previous week's average was revised up by 500 from 236,500 to 237,000.

Saturday, November 02, 2024

The October Unemployment Rate Remained Steady At 4.1%


The Labor Department released its unemployment report for October on Friday. The number of jobs created dropped to an anemic 12,000, but that was good enough to keep the unemployment rate at 4.1% - the same as in September.

Here are the relevant statistics for October.

SIZE OF THE CIVILIAN WORK FORCE:

168,479,000

OFFICIAL NUMBER OF UNEMPLOYED WORKERS:

6,984,000

OFFICIAL UNEMPLOYMENT RATE:

4.1%

DEMOGRAPHIC BREAKDOWN OF OFFICIAL UNEMPLOYMENT:

Adult men...............3.9%

Adult women...............3.6%

Teens (16-19)...............13.8%

Whites...............3.8%

Blacks...............5.7%

Asians...............3.9%

Hispanics...............5.1%

No HS diploma...............6.6%

HS graduate...............4.0%

Some college...............3.4%

Bachelor's deg. or more...............2.5%

NUMBER OF MARGINALLY-ATTACHED WORKERS (unemployed but no longer counted):

1,572,000

MORE REALISTIC NUMBER OF UNEMPLOYED WORKERS (official + marginally-attached):

8,556,000

MORE REALISTIC UNEMPLOYMENT RATE:

5.0%

Friday, November 01, 2024

About 216,000 Workers Filed For Unemployment Last Week

 

The Labor Department released its weekly unemployment report on Thursday. It showed that about 216,000 workers filed for unemployment benefits in the week ending on October 26th. Here is the official Labor Department statement:

In the week ending October 26, the advance figure for seasonally adjusted initial claims was 216,000, a decrease of 12,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 227,000 to 228,000. The 4-week moving average was 236,500, a decrease of 2,250 from the previous week's revised average. The previous week's average was revised up by 250 from 238,500 to 238,750.

Friday, October 25, 2024

About 227,000 Workers Filed For Unemployment Last Week

 

The Labor Department released its weekly unemployment report on Thursday. It showed that about 227,000 workers filed for unemployment benefits in the week ending on October 19th. Here is the official Labor Department statement:

In the week ending October 19, the advance figure for seasonally adjusted initial claims was 227,000, a decrease of 15,000 from the previous week's revised level. The previous week's level was revised up by 1,000 from 241,000 to 242,000. The 4-week moving average was 238,500, an increase of 2,000 from the previous week's revised average. The previous week's average was revised up by 250 from 236,250 to 236,500.