Trump has largely avoided breaking the employment trends established under Obama As we reach the end of President Trump’s second year in office, the release of the December 2018 Employment Situation by the Bureau of Labor Statistics provides an opportunity to examine how the labor market has developed under his administration, and compare it with
Continuing our ongoing coverage of the labor market, the release of the March Employment Situation by the Bureau of Labor Statistics shows that unemployment remains at 4.1% for the fourth month in a row, while the U-6 “underemployment” rate crept down another 0.2%. January February March Jan-Mar Change U-3 Unemployment Rate 4.1% 4.1% 4.1%
The unemployment rate remains stable for the moment Continuing our ongoing coverage of the labor market, the release of the February Employment Situation by the Bureau of Labor Statistics shows that unemployment hasn’t moved since December’s revised number of 4.1%, and neither has the U-6 “underemployment” rate. December January February Jan-Feb Change U-3 Unemployment
2017 was a good year for employment – just like the last seven Continuing our ongoing coverage of the labor market, the release of the December Employment Situation by the Bureau of Labor Statistics allows for a review of 2017 as a whole. Overall 2017 was a positive year for employment, drawing unemployment to a
The labor market is mostly unchanged from last month Continuing our ongoing coverage of the labor market, the November Employment Situation release from the Bureau of Labor Statistics shows no major changes from October. The headline U-3 unemployment was unchanged, and the U-6 “underemployment” rate rose slightly. January October November 9-Month Change U-3
The labor market continues slowly tightening Continuing our ongoing coverage of the labor market, the October Employment Situation release from the Bureau of Labor Statistics continues to show apparent tightening of the labor market. Both the headline U-3 unemployment and the U-6 “underemployment” rate dropped for the second month in a row, by 0.1% and
The labor market has returned to further tightening Continuing our ongoing coverage of the labor market, the September Employment Situation release from the Bureau of Labor Statistics shows return to tightening of the labor market. The headline U-3 unemployment dropped by 0.2%, beating May’s low, as did the U-6 “underemployment” rate which dropped by 0.3%.
The labor market shows continued signs of stability Continuing our ongoing coverage of the labor market, the August Employment Situation release from the Bureau of Labor Statistics provides even more evidence that the employment growth of the first half of the year has tapered off. The headline U-3 unemployment rate rose by 0.1% back to
The labor market continues to rest on last month’s plateau. Continuing our ongoing coverage of the labor market, the July Employment Situation release from the Bureau of Labor Statistics continues to suggests that the labor market has stabilized, with the tightening of the first half of the year tapering off. The headline U-3 unemployment rate
At best unemployment is plateauing, and it may be rising again. Continuing our ongoing coverage of the labor market, the June Employment Situation release from the Bureau of Labor Statistics may signal the end of the tightening of the labor market. The U-3 unemployment rate rose by 0.1% and the U-6 “underemployment” rate rose 0.2%,