BLS Employment Situation Summary: 8:30 a.m. (ET) Friday, May 3, 2024
May 3, 2024 16:12:07 #
Employment Situation Summary
USDL-24-0796
8:30 a.m. (ET) Friday, May 3, 2024
THE EMPLOYMENT SITUATION -- APRIL 2024
Total nonfarm payroll employment increased by 175,000 in April… the U.S. Bureau of Labor Statistics reported today.
Both the unemployment rate, at 3.9 percent, and the number of unemployed people, at 6.5 million, changed little in April.
The change in total nonfarm payroll employment for February was revised down by 34,000, from +270,000 to +236,000, and the change for March was revised up by 12,000, from +303,000 to +315,000. With these revisions, employment in February and March combined is 22,000 lower than previously reported.
Not so stellar. Where's Joe's victory lap? Was able to find little to none of the MSM reporting on this.
USDL-24-0796
8:30 a.m. (ET) Friday, May 3, 2024
THE EMPLOYMENT SITUATION -- APRIL 2024
Total nonfarm payroll employment increased by 175,000 in April… the U.S. Bureau of Labor Statistics reported today.
Both the unemployment rate, at 3.9 percent, and the number of unemployed people, at 6.5 million, changed little in April.
The change in total nonfarm payroll employment for February was revised down by 34,000, from +270,000 to +236,000, and the change for March was revised up by 12,000, from +303,000 to +315,000. With these revisions, employment in February and March combined is 22,000 lower than previously reported.
Not so stellar. Where's Joe's victory lap? Was able to find little to none of the MSM reporting on this.
May 3, 2024 16:22:40 #
Parky60 wrote:
Employment Situation Summary br USDL-24-0796 br 8:... (show quote)
The unemployment rate is incomplete because it does not consider the number who have dropped out of the job market. New jobs include those forced to take second jobs to make ends meet.
If you want to reply, then register here. Registration is free and your account is created instantly, so you can post right away.