Tag Archives: Unemployment

U.S. Recaptures Another 1.37 Million Jobs in August, 2020 — Unemployment Drops from 10.2% In July to 8.4% in August

The Bureau of Labor Statistics (BLS) reported today the U.S. recaptured another 1.37 million jobs in August 2020, nicely above the 1.2 million consensus from economists polled by MarketWatch.  The unemployment rate fell significantly from 10.2 percent in July to a preliminary 8.4 percent, better than even the year-end expectation by the Federal Reserve. U.S. …Read more

Coronavirus-Driven Job Apocalypse by State — April 2020

Jobs are everything to the economy.  Period.  The never-before-seen shut down of the U.S. economy has resulted in the greatest number of unemployed people in the history of the country.   Prior to 2020, the most people in history that applied for unemployment benefits in a seven day period was 695,000 (October 1982).   Since mid-March,  weekly …Read more

U.S. Employment Performance August 2019

The U.S. added 130,000 net new jobs in August 2019 on a seasonally adjusted basis (preliminary) averaging 172,800 new jobs monthly in the prior 12-months and 158,000 per month year-to-date.   The unemployment rate remained unchanged at 3.7 percent – hovering near a five-decade low. Total U.S. employment is shown in the graph. The unemployment rate …Read more

Job Creation Tops June 2018 Consensus — 213,000 New Jobs Created, Unemployment Rate Rises to 4.0 Percent, Wages Tick Up 2.7 Percent

Jobs are everything.  Period.  Ongoing good news is that job growth continues to look up. The U.S. added 213,000 net new jobs (preliminary) in June 2018.  The unemployment rate edged up from 3.8 percent in May to 4.0 percent as 204,000 added reentrants came back to the job market.  Reentrants are people that previously worked …Read more

Another Top-10 List — Best Boomtowns of 2017

Just the word alone says it all —  Boomtowns — where economic growth hits the pavement, so to speak. Smartasset once again has assembled their list of the top boomtowns in 2017.   These top-10 are just not hot, but super-hot, as these were identified after examination of 581 cities across the U.S.  The following five …Read more