Job Market UpdateU.S. Economic Data презентация

Job Market Update U.S. Economic Data

Overview of “The Employment Situation” The October report showed an overall monthly gain of 271,000 jobs – a whopping 40,000 more jobs than the 12-month average of 230,000 per month. The unemployment rate dropped slightly to 5.0% Revisions to prior months: The August number was revised from +136,000 to +153,000 The September number was revised from +142,000 to +137,000 That’s a total of 12,000 more jobs than was previously reported

271,000 new jobs added in October

Employment in October Number of unemployed persons is down by 1.1 million, year-over-year Unemployment dropped to 5.0%, the lowest since April, 2008. The number of long-term unemployed was little changed at 2.1 million. The number of involuntary part-time workers decreased by 269,000 in October. Discouraged workers in October increased by 11,000 Average hourly payrolls increased by 9 cents, to $25.20

Industry Breakdown

Industry Breakdown

Employment in total nonfarm

State & Regional Report – September 2015 State and Regional unemployment rates were little changed in September. 37 states reported an increase in employment from the prior month, plus the District of Columbia, while six states reported decreases and seven states reported no change. Over the year, 46 states and the District of Columbia have reported increases The Midwest had the lowest regional unemployment rate at 4.5% (falling from 4.6%), and the West had the highest unemployment rate at 5.6% (falling from 5.7%). Texas (+26,600), New York (+12,000) and Georgia (+9,100) reported the most significant over-the-month employment increases in September. Missouri (-16,500), Pennsylvania (-16,400) and Michigan (-9,800) had the greatest decrease in employment in September.

Northeast Division – September 2015

South Division – September 2015

Midwest Division – September 2015

West Division – September 2015