Tag Archives: Unemployment

Mirror Mirror on the Wall, Which Metros are the Most Economically Recovered of All — From the Pandemic, that is, as of April 2021

Yesterday this blog talked about state employment levels using fairy tale rhetoric.  Today that discussion rachets down the to the Metropolitan Statistical Area (MSA) level.  Reiterating from yesterday, imagine if the past 14 months had just been a bad fairy tale rather the most severe global pandemic in more than 100 years.   But, that is …Read more

Initial Unemployment Claims – Improving But Still Ugly

Jobs are everything to the economy.  Period.   While the U.S. lost 22.4 million jobs in March and April 2020, they have yet to recoup 8.2 million.  Unfortunately, employment numbers are released just once a month based on the Bureau of Labor Statistic’s Payroll or Establishment Survey.  That survey asks employers to report employee counts for …Read more

U.S. Job Growth Came in at a Minuscule 0.03 Percent in January 2021 — Unemployment Dropped to 6.3 Percent from 6.7 Percent

The U.S. added a miniscule 49,000 net new jobs in January 2021 (0.03 percent gain from December 2020) based on seasonally adjusted data reported by the Bureau of Labor Statistics (BLS).  The previously reported December 2020 loss of 140,000 jobs was restated to a loss of 227,000.   The unemployment rate dropped from 6.7 percent in …Read more