by Calculated Danger on 4/04/2025 08:30:00 AM
From the BLS: Employment Scenario
Whole nonfarm payroll employment rose by 228,000 in March, and the unemployment charge modified
little at 4.2 %, the U.S. Bureau of Labor Statistics reported in the present day. Job good points occurred
in well being care, in social help, and in transportation and warehousing. Employment additionally
elevated in retail commerce, partially reflecting the return of staff from a strike. Federal
authorities employment declined.
…
The change in whole nonfarm payroll employment for January was revised down by 14,000, from
+125,000 to +111,000, and the change for February was revised down by 34,000, from +151,000
to +117,000. With these revisions, employment in January and February mixed is 48,000 decrease
than beforehand reported.
emphasis added
Click on on graph for bigger picture.
The primary graph reveals the roles added per thirty days since January 2021.
Payrolls for January and February had been revised down by 48 thousand, mixed.
The second graph reveals the year-over-year change in whole non-farm employment since 1968.
In March, the year-over-year change was 1.88 million jobs. Employment was up solidly year-over-year.
The third graph reveals the employment inhabitants ratio and the participation charge.
The Labor Pressure Participation Fee elevated to 62.5% in March, from 62.4% in February. That is the share of the working age inhabitants within the labor power.
The Employment-Inhabitants ratio was unchanged at 59.9% from 59.9% in February (blue line).
I am going to publish the 25 to 54 age group employment-population ratio graph later.
The fourth graph reveals the unemployment charge.
The unemployment charge elevated to 4.2% in March from 4.1% in February.
This was above consensus expectations; nonetheless, January and February payrolls had been revised down by 48,000 mixed.
I am going to have extra later …
by Calculated Danger on 4/04/2025 08:30:00 AM
From the BLS: Employment Scenario
Whole nonfarm payroll employment rose by 228,000 in March, and the unemployment charge modified
little at 4.2 %, the U.S. Bureau of Labor Statistics reported in the present day. Job good points occurred
in well being care, in social help, and in transportation and warehousing. Employment additionally
elevated in retail commerce, partially reflecting the return of staff from a strike. Federal
authorities employment declined.
…
The change in whole nonfarm payroll employment for January was revised down by 14,000, from
+125,000 to +111,000, and the change for February was revised down by 34,000, from +151,000
to +117,000. With these revisions, employment in January and February mixed is 48,000 decrease
than beforehand reported.
emphasis added
Click on on graph for bigger picture.
The primary graph reveals the roles added per thirty days since January 2021.
Payrolls for January and February had been revised down by 48 thousand, mixed.
The second graph reveals the year-over-year change in whole non-farm employment since 1968.
In March, the year-over-year change was 1.88 million jobs. Employment was up solidly year-over-year.
The third graph reveals the employment inhabitants ratio and the participation charge.
The Labor Pressure Participation Fee elevated to 62.5% in March, from 62.4% in February. That is the share of the working age inhabitants within the labor power.
The Employment-Inhabitants ratio was unchanged at 59.9% from 59.9% in February (blue line).
I am going to publish the 25 to 54 age group employment-population ratio graph later.
The fourth graph reveals the unemployment charge.
The unemployment charge elevated to 4.2% in March from 4.1% in February.
This was above consensus expectations; nonetheless, January and February payrolls had been revised down by 48,000 mixed.
I am going to have extra later …
