Job Report

This tag is associated with 80 posts

Job Report in Canada, May 2020 – Employment rebounds and absences from work drop and unemployment reaches record

Employment rebounds and absences from work drop From February to April, 5.5 million Canadian workers were affected by the COVID-19 economic shutdown. This included a drop in employment of 3.0 million and a COVID-19-related increase in absences from work of 2.5 million. In May, employment rose by 290,000 (+1.8%), while the number of people who … Continue reading

Job Report in US (May 2020) – Employment rose by 2.5 million and unemployment declined to 13.3%

Total nonfarm payroll employment rose by 2.5 million in May, and the unemployment rate declined to 13.3 percent, the U.S. Bureau of Labor Statistics reported today. These improvements in the labor market reflected a limited resumption of economic activity that had been curtailed in March and April due to the coronavirus (COVID-19) pandemic and efforts to contain it. In … Continue reading

COVID and Job Report in US (April 2020) – Employment fell by 20.5 million in one month

Total nonfarm payroll employment fell by 20.5 million in April, and the unemployment rate rose to 14.7 percent,the U.S. Bureau of Labor Statistics reported today. The changes in these measures reflect the effects of thecoronavirus (COVID-19) pandemic and efforts to contain it. Employment fell sharply in all major industry sectors,with particularly heavy job losses in … Continue reading

Job Report in US, March 2020 – Employment fell by 701,000 even if the reference periods predated many COVID impacts

Total nonfarm payroll employment fell by 701,000 in March, and the unemployment rate rose to 4.4 percent, the U.S. Bureau of Labor Statistics reported today. The changes in these measures reflect the effects of the coronavirus (COVID-19) and efforts to contain it. Employment in leisure and hospitality fell by 459,000, mainly in food services and drinking … Continue reading

Job Report in Canada, February 2020 – Employment was little changed (+30,000)

Employment was little changed in February (+30,000 or +0.2%), and the unemployment rate increased by 0.1 percentage points to 5.6%. Compared with 12 months earlier, employment rose by 245,000 (+1.3%), the result of gains in full-time work (+252,000 or +1.6%). Over the same period, hours worked were up 2.3%, partly due to the fact that hours worked were at a relatively low level in February 2019. … Continue reading

Job Report in US, February 2020 – Total nonfarm payroll employment rose by a 273,000, well above consensus expectations

Total nonfarm payroll employment rose by 273,000 in February, and the unemployment rate was little changed at 3.5 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in health care and social assistance, food services and drinking places, government, construction, professional and technical services, and financial activities. Household Survey Data Both … Continue reading

Job Report in US revised – Employers added a half-million fewer jobs in 2018 and early 2019 than previously reported

Employers added a half-million fewer jobs in 2018 and early 2019 than previously reported, the Labor Department said Wednesday. The revisions, which are preliminary, are part of an annual process in which survey-based estimates are brought into alignment with more definitive data from state unemployment insurance records. Wednesday’s revision covers the period through March; final … Continue reading

Job Report in US, July 2019 – Employment rose by 164,000 and unemployment unchanged at 3.7

Total nonfarm payroll employment rose by 164,000 in July, and the unemployment rate was unchanged at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in professional and technical services, health care, social assistance, and financial activities. Household Survey Data The unemployment rate held at 3.7 percent in July, and … Continue reading

Job Report in Europe, June 2019 – Euro area unemployment at 7.5%, EU28 at 6.3% with 3.176 million young unemployed

The euro area (EA19) seasonally-adjusted unemployment rate was 7.5% in June 2019, down from 7.6% in May 2019 and from 8.2% in June 2018. This is the lowest rate recorded in the euro area since July 2008. The EU28 unemployment rate was 6.3% in June 2019, stable compared with May 2019 and down from 6.8% … Continue reading

Job Report in Canada, June 2019 – Employment up by 421,000 or 2.3% on a year-over-year basis

In June, employment held steady for the second consecutive month. The unemployment rate rose 0.1 percentage points to 5.5% as the number of people looking for work increased. In the second quarter, employment rose by 132,000 (+0.7%), virtually all in full-time work. On a year-over-year basis, employment was up by 421,000 or 2.3%. Over the same period, total hours worked increased by 1.8%. To … Continue reading

Job Report in US, June 2019 – Employment increased by 224,000 and unemployment rate little changed at 3.7 percent

Total nonfarm payroll employment increased by 224,000 in June, and the unemployment rate was little changed at 3.7 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in professional and business services, in health care, and in transportation and warehousing. Household Survey Data Both the unemployment rate, at 3.7 percent, and the number of unemployed persons, … Continue reading

Job Report in Canada, March 2019 – Employment held steady and unemployment remained unchanged at 5.8%

Following increases in January and February, employment held steady in March. The unemployment rate remained unchanged at 5.8%. In the first quarter of 2019, employment rose by 116,000 (+0.6%). On a year-over-year basis, employment grew by 332,000 (+1.8%), with gains in both full- (+204,000) and part-time (+128,000) work. Over the same period, total hours worked rose by 0.9%. Highlights Employment increased in … Continue reading

Job Report in Canada, February 2019 – Employment grew for a second consecutive month, up 56,000 

Employment grew for a second consecutive month, up 56,000 in February, driven by gains in full-time work. The unemployment rate was unchanged at 5.8% as the number of people searching for work held steady. In the 12 months to February, total employment grew by 369,000 or 2.0%, reflecting increases in both full- (+266,000) and part-time (+103,000) work. Over the same period, total hours … Continue reading

Job Report in US, February 2019 – A very weak month – total nonfarm payroll employment up by only 20,000

Total nonfarm payroll employment changed little in February (+20,000), and the unemployment rate declined to 3.8 percent, the U.S. Bureau of Labor Statistics reported today. Employment in professional and business services, health care, and wholesale trade continued to trend up, while construction employment decreased. Household Survey Data The unemployment rate declined by 0.2 percentage point … Continue reading

Job Report in US, January 2019 – Employment increased (for record 100th consecutive month) by 304,000 but unemployment edged up to 4.0 percent

Total nonfarm payroll employment increased by 304,000 in January, and the unemployment rate edged up to 4.0 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in several industries, including leisure and hospitality, construction, health care, and transportation and warehousing. Household Survey Data Both the unemployment rate, at 4.0 percent, and the number of unemployed … Continue reading

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