Payroll Employment

December 2, 2022 Payroll employment rose by 263 thousand in November after having risen 284 thousand in October and 269 thousand in  September.  In the past three months the average increase has been 272 thousand.  At the beginning of this year we were routinely...

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Private Employment

December 2, 2022 Private sector employment rose by 221 thousand in November after having risen 248 thousand in October and 255 thousand in  September.  In the past three months the average increase has been 241 thousand.  At the beginning of this year we were...

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Unemployment Rate

December 2, 2022 The unemployment rate was unchanged in November at 3.7% after having risen 0.2% in October .  In November the labor force fell by 186 thousand.  Employment declined by 138 thousand.   As a result, the number of unemployed workers fell by 48...

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Nonfarm Workweek

December 2, 2022 * In any given month employers can boost output by either additional hiring workers or by lengthening the number of  hours that their employees work.  Payroll employment climbed by 263 thousand in November..  However, firms chose to work existing...

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Average Duration of Unemployment

December 2, 2022 The average duration of unemployment rose 0.6 week in November to 21.4 weeks after having risen 0.6 hour in October.   Its current level if roughly where it was prior to the recession in early 2020.  After declining slowly for more than one year,...

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