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Tag Archives: Unemployment

U.S. Adds 216,000 Jobs, Unemployment Stays Steady

unemployment

Total payroll employment increased by 216,000 in December, according to the U.S. Bureau of Labor Statistics (BLS). Unemployment rates also remained unchanged at 3.7% and 0.2 points higher than the same point in 2022. December brought on 17,000 more jobs …

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199,000 New Jobs Added in November

jobs

The U.S. added 199,000 jobs in November, according to a recent survey from the U.S. Bureau of Labor Statistics (BLS). The unemployment rate also fell 3.7% during November. The two industries that experienced the biggest gains were health care and …

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U.S. Economy Adds 467,000 Jobs in January

jobs January

In light of an influx of omicron infections, U.S. employers added 467,000 jobs in January, surprising experts who predicted only a slight increase in job additions. In the retail trade, employment rose by 61,000, with building and garden supply stores …

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3 Takeaways From the May Jobs Report

may jobs report

According to the U.S. Bureau of Labor Statistics, the economy added 559,000 jobs in May, reducing the national unemployment rate to 5.8 percent. Notable job gains happened in public and private education, hospitality and health care. Take a deeper dive …

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Analyzing U.S. Unemployment Rates in 2020

COVID-19 Unemployment Rate

One of COVID-19’s biggest impacts on retail is the unemployment rate it has left in its wake. In January, U.S. unemployment stood at 3.6 percent, but rose sharply by April to 14.7 percent as the pandemic forced many businesses to …

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Initial Unemployment Claims Fall Below 1M

unemployment claims

According to data from the U.S. Department of Labor, weekly initial jobless claims have fallen below 1 million for the first time in almost five months. Around 963,000 people filed for first-time unemployment benefits last week. In late March, initial …

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U.S. Retail Sales Climb 17% in May

u.s. retail sales

Retail sales in the U.S. grew by a seasonally adjusted rate of 17.7 percent in May over April, new data from the U.S. Commerce Department shows. The increase sets a new record for monthly retail growth. Sales at building materials …

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U.S. Unemployment Rate Falls to 13.3% in May

u.s. unemployment rate

The Bureau of Labor Statistics (BLS) released a report Friday showing the U.S. economy gained 2.5 million jobs in May, bringing the U.S. unemployment rate to 13.3 percent for the month, lower than April’s unemployment rate of 14.7 percent. Friday’s …

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