Fresh electrons from the Bureau of Labor Statistics: the National Unemployment Rate fell 0.3% in November to 7.0%. The broader U6 rate dropped 0.6% to 13.2%. 203,000 non-farm payroll jobs were added to the economy.
The unemployment rate of college graduates was 3.4%, down 0.4% from October. The unemployment rate for non-high school graduates was 10.8%, down 0.1% from October.
Employment in the chemical manufacturing subsector was up 2,200 jobs to 795,700 jobs.
Revisions for September and October were relatively modest, with a total increase for those months of 8,000 positions.
This looks like good news; the media may be focused on the labor-force participation rate and the employment/population ratio, both of which increased.
The unemployment rate of college graduates was 3.4%, down 0.4% from October. The unemployment rate for non-high school graduates was 10.8%, down 0.1% from October.
Employment in the chemical manufacturing subsector was up 2,200 jobs to 795,700 jobs.
Revisions for September and October were relatively modest, with a total increase for those months of 8,000 positions.
This looks like good news; the media may be focused on the labor-force participation rate and the employment/population ratio, both of which increased.
No comments:
Post a Comment
looks like Blogger doesn't work with anonymous comments from Chrome browsers at the moment - works in Microsoft Edge, or from Chrome with a Blogger account - sorry! CJ 3/21/20