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The unemployment rate increased to 4.2%. Hurricanes and a strike by Boeing ( BA ) workers weighed heavily on the October report , which was revised to show there were 36,000 jobs created last month.
The number of Americans filing new applications for unemployment benefits increased more than expected last week, but remained at levels consistent with a healthy labor market. Initial claims for ...
The Labor Department reported Thursday that jobless claim applications rose by 3,000 to 221,000 for the week of Nov. 2. That’s fewer than the 227,000 analysts forecast.
Unemployment rates historically are lower for those groups with higher levels of education. For example, in May 2016 the unemployment rate for workers over 25 years of age was 2.5% for college graduates, 5.1% for those with a high school diploma, and 7.1% for those without a high school diploma.
Seasonally adjusted rates - Northern Mariana Islands: 11.2 1 American Samoa: 11.4 2 Puerto Rico: 6.1 3 Nevada: 5.4 4 District of Columbia: 5.1 5 California: 4.6 6 Delaware: 4.2 7 Texas: 4.1 8 Illinois: 4 9 New York: 3.9 10 Kentucky: 3.8 11 Pennsylvania: 3.8 13 Washington: 3.8 14 Alaska: 3.7 15 Connecticut: 3.7 16 New Jersey: 3.7 17 Louisiana: 3 ...
Monetary policy: The Federal Reserve conducts monetary policy, adjusting interest rates to move the economy towards a full employment target of around a 5% unemployment rate and 2% inflation rate. The Federal Reserve has maintained near-zero interest rates since the 2007–2009 recession, in efforts to boost employment.
Percent change in unemployment rate from February 2020 to February 2021: +77.14% See: Industries Set To Bounce Back in 2021 By this comparison, the economy still has a lot of work to do to get ...
Data showed an increase of 227,000 jobs, but the unemployment rate ticked up to 4.2%. Fed fund futures trading as of mid-day Friday indicated a nearly 90% chance the central bank would cut by 25 ...