Seasonally Adjusted U-3 Unemployment Rate. According to the BLS, the current “Seasonally Adjusted” Unemployment Rate for August (released September 6 th ) is 3.7% unchanged since June but up from 3.6% in May and down from 3.8% in February and March. The unemployment rate is a lagging indicator. This means it measures the effect of economic events, such as a recession. The unemployment rate doesn't rise until after a recession has already started. It also means the unemployment rate will continue to rise even after the economy has started to recover. Approximately 164,000 jobs were created in July 2019, and the national unemployment rate remained at 3.7%, according to the Bureau of Labor Statistics. Employment increased in professional and technical services, health care, social assistance, and financial activities. At 3.9%,, the US unemployment rate is now the lowest since December 2000. At that time, wages were rising at +4.3% y/y, compared to just +2.6% y/y today. The unemployment rate is 4.1% and still falling, yet as recently as 2014 the Fed thought the long-run unemployment rate would bottom at 5.4%. I think that those who have been surprised by this improvement are still struggling to digest it, and therefore there is a desire to see current rates as "unsustainably low".
4 Oct 2019 Unemployment hit a fresh 50-year low in September even though nonfarm payrolls rose by just 136,000 as the economy nears full employment, 24 Jan 2020 For the first time since current records began in 1976, the rate hit 3 percent. The state added 16,000 jobs, according to the monthly report from the 7 Oct 2019 That's despite the national unemployment rate plunging to 3.5 percent, the lowest in 50 years. How is the U.S. economy doing right now? The ABS Unemployment Estimates are provided on a monthly basis by the Australian Bureau of Statistics (ABS) and include the un-revised figures first released
10 Jun 2019 The current unemployment rate is 4%—the lowest level since the 1970s. There are several main criticisms directed towards these figures, Most recently, the unemployment rate fluctuated wildly, from a low of 4.7 percent The second is the Current Population Survey (CPS), in which approximately 1 Feb 2019 Arguably, the decline of the black unemployment rate to its current level has more to do with the Fed's decision to keep interest rates at or near 31 Oct 2018 Experts agree: high unemployment rates threaten growth and social cohesion. It is not just a matter of timely collecting massive amounts of data or about As for what will happen 10, 20 or perhaps 50 years from now,
Category: Current Population Survey (Household Survey) > Unemployment Rate, 819 economic data series, FRED: Download, graph, and track economic data. 9 Mar 2020 This statistic displays the seasonally-adjusted unemployment rate in the United States on a monthly basis. 10 Mar 2020 Unemployment statistics for the EU and Member States. The current economic crisis has however reversed much of the progress achieved in 4 Oct 2019 Unemployment hit a fresh 50-year low in September even though nonfarm payrolls rose by just 136,000 as the economy nears full employment, 24 Jan 2020 For the first time since current records began in 1976, the rate hit 3 percent. The state added 16,000 jobs, according to the monthly report from the 7 Oct 2019 That's despite the national unemployment rate plunging to 3.5 percent, the lowest in 50 years. How is the U.S. economy doing right now? The ABS Unemployment Estimates are provided on a monthly basis by the Australian Bureau of Statistics (ABS) and include the un-revised figures first released
4 Oct 2019 Unemployment hit a fresh 50-year low in September even though nonfarm payrolls rose by just 136,000 as the economy nears full employment, 24 Jan 2020 For the first time since current records began in 1976, the rate hit 3 percent. The state added 16,000 jobs, according to the monthly report from the 7 Oct 2019 That's despite the national unemployment rate plunging to 3.5 percent, the lowest in 50 years. How is the U.S. economy doing right now? The ABS Unemployment Estimates are provided on a monthly basis by the Australian Bureau of Statistics (ABS) and include the un-revised figures first released