Category Archives: Statistics

What You Should Know About the August Unemployment Numbers

The strong and steady recovery of the U.S. economy continued last month, with the addition of 173,000 new jobs.  The Department of Labor (DOL) reported that August was the 66th consecutive month of private sector job growth with private employers having now created 13.1 million jobs since the beginning of 2010.  The DOL’s blog explains other important aspects of the August unemployment numbers. Read the rest

120,000 Deaths Per Year Attributed to Workplace Stressors

Health-care inefficiencies and poor lifestyle choices are often blamed for America’s high health costs, but what about workplace stressors such as job insecurity and low social support at work – do they have an impact? Yes: More than 120,000 deaths per year and 5-8% of health-care costs are associated with how U.S. companies manage their workforces, according to an analysis by Joel Goh of Harvard Business School along with Jeffrey Pfeffer and Stefanos A. Zenios of Stanford. The researchers said … Read the rest

5 Things You Should Know About the July Unemployment Numbers

The July 2015 Employment Situation Report was recently released.  The Department of Labor gives us five things to know about the numbers.… Read the rest

5 Things To Know About the June Jobs Report

With the release of the June 2015 jobs report, U.S. Labor Secretary Tom Perez elaborates in this Department of Labor’s blog post on what the numbers mean.… Read the rest

5 Things You Need To Know About The May Jobs Report

With the release of the May 2015 Jobs Report on June 5th, here are five things you should know about its numbers: 1. Record streak continues; This is the best jobs report of 2015 so far. The economy added 280,000 jobs in May, bringing us to 12.6 million private-sector jobs over the last 63 months. 2. Low unemployment; The unemployment rate was essentially unchanged at 5.5 percent.… Read the rest

Economy Adds 214,000 Jobs in October, Unemployment Rate Drops to 5.8%

October was the ninth consecutive month with greater than 200,000 new jobs, and private employers have now created 10.6 million jobs over the last 56 months. The U.S. Bureau of Labor Statistics reported that both the unemployment rate (5.8 percent) and the number of unemployed persons (9.0 million) edged down in October. Since the beginning of the year, the unemployment rate and the number of unemployed persons have declined by 0.8 percentage point and 1.2 million, respectively.  However, there is … Read the rest

Unemployment Insurance Weekly Claims Report for the U.S. Department of Labor

In the week ending October 4, the advance figure for seasonally adjusted initial claims was 287,000, a decrease of 1,000 from the previous week’s revised level. The previous week’s level was revised up by 1,000 from 287,000 to 288,000. The 4-week moving average was 287,750, a decrease of 7,250 from the previous week’s revised average. This is the lowest level for this average since February 4, 2006 when it was 286,500. The previous week’s average was revised up by 250 … Read the rest

Unemployment Insurance Weekly Claims Report: Week Ending August 30

In the week ending August 30, the advance figure for seasonally adjusted initial claims was 302,000, an increase of 4,000 from the previous week’s unrevised level of 298,000. The 4-week moving average was 302,750, an increase of 3,000 from the previous week’s unrevised average of 299,750. For more information, including tables summarizing this data, view the full news release.… Read the rest

Payroll employment increases in July (+209,000); unemployment rate changes little (6.2%)

Total nonfarm payroll employment increased by 209,000 in July, and the unemployment rate was little changed at 6.2 percent, the U.S. Bureau of Labor Statistics reports. Job gains occurred in professional and business services, manufacturing, retail trade and construction.… Read the rest

DOL Celebrates Longest Job Growth Streak Since 1997

As of July 2014, the United States economy has seen six consecutive months of job growth and 53 consecutive months of private sector job growth, the longest job growth streak since 1997. Read more at (Work In Progress), the official blog of the U.S. Department of Labor.… Read the rest