Tag Archives: Unemployment

Twenty-eight states had significant year-over-year increases in non-farm payroll employment in February.

The Philadelphia Fed reported that the labor market outlook remains unchanged. The forecasters predicted similar results as the last survey for unemployment, noting that it will be an annual average of 5.3 percent in 2015, before falling to 5.0 percent in 2016, 4.8 percent in 2017, and 4.7 percent in 2018.

New household formation in the United States has recovered from the widespread job losses that came with the recession, according to a new study from the Lusk Center for Real Estate at the University of Southern California.

A recent study from Freddie Mac turned up some discouraging results to throw some cold water on economists' high hopes: The job fields that are expected to grow most in the coming years happen to have some of the lowest homeownership rates.

The survey's index measuring sentiment about present-day conditions rose more than 10 points from December, hitting 112.6, the Conference Board said. The number of respondents saying business conditions are currently good rose nearly four points to 28.1 percent, while the share of those saying jobs are plentiful climbed nearly three points to 20.5 percent.

U.S. payrolls for November surpassed even the most optimistic forecasts, increasing at the highest rate in more than two years, according to a government estimate.

The October 2014 Employment Situation Summary released by the U.S. Bureau of Labor Statistics (BLS) on November 7 reported a nationwide unemployment rate of 5.8 percent, the lowest level in more than six years. However, a report released recently by the Pew Research Center indicates that while the U.S. unemployment rate is low, the number of people who are "not in the labor force," meaning they are not counted among the unemployed in the BLS survey, is near an all-time high.

As a broad measure of the market, the Fed's index includes a number of indicators that go beyond just the national unemployment rate, including average hourly earnings, hiring rates, and labor force participation, among others.

According to the latest monthly figures from the Bureau of Labor Statistics, the nation added 248,000 jobs in September, bringing employment growth back above 200,000 after an unexpected drop in August.

Declines were recorded in both component indices: The group's gauge of current economic conditions fell to 89.4 from 93.9, while the index measuring consumers' outlook fell to 83.7 from 93.1.