The Labor Department reports that the U.S. unemployment rate remained unchanged in June at 8.2 percent while adding 80,000 jobs, mostly in the professional services sector. The first quarter of 2012 averaged a gain of more than 225,000 positions per month, while the second quarter averaged just 75,000.
Category: Monthly BLS Report
BLS Employment Situation Report: May 2012
Total employment in the U.S. grew by 69,000 positions in May and unemployment grew for the first time in more than a year from 8.1 to 8.2 percent as nearly half a million high school and college graduates entered the…
BLS Employment Situation Report: May 2012
Total employment in the U.S. grew by 69,000 positions in May and unemployment grew for the first time in more than a year from 8.1 to 8.2 percent as nearly half a million high school and college graduates entered the workforce. Revisions to April’s employment numbers showed that just 77,000 jobs were added that month, rather than the 115,000 first reported.
BLS Employment Situation Report: April 2012
According to the Labor Department, total employment grew in the United States by 115,000 positions in April, the 19th straight month of job growth. The unemployment rate dropped from 8.2 to 8.1 percent and from 10 percent two years earlier.
Employment Situation Report, March 2012
The Labor Department reported that the U.S. unemployment rate fell to 8.2 percent in March and total employment rose by 120,000 positions.
Employment Situation Report, February 2012
According to the Labor Department, the U.S. economy added 227,000 jobs in February, the third month in a row of job gains in excess of 200,000 positions. Unemployment remained at 8.3 percent, its lowest point since early 2009. Revisions to previous months showed that January added 41,000 more jobs than previously reported and December added 20,000 more.
Analysis of January 2012 Employment Report
In January, total employment in the United States grew in excess of 200,000 jobs for the second consecutive month. The Labor Department reports 243,000 positions were added in the month and revisions show 203,000 were added in December. The U.S. unemployment rate fell from 8.5 to 8.3 percent despite an influx of more than 500,000 workers into the civilian labor market.