Thursday, December 13, 2012

Unemployment rate down to 7.7%, U6 rate down to 14.4%

Credit: Calculated Risk blog
BLS reported last Friday that the unemployment rate was down to 7.7%, with the broader U6 unemployment rate down to 14.4%. Great news, it seems.

The chemical manufacturing subsector lost around 9,000 jobs (about 1% of overall employment) from October to November , but these numbers are noisy enough that it's not a trend.

These are also the numbers with Hurricane Sandy in them, fwiw. 

1 comment:

  1. I've been getting cold calls from recruiters and headhunters again. Two in the past week.