Based on the November 2024 jobs report, the unemployment rate is above 4.2%, the household survey again showed a large drop in employment, and more households reported spells of long-term unemployment, which is typically defined as being unemployed for 27 weeks or more.
Tag: Unemployment
BLS: Jobs Close to Flat in October
Total nonfarm payroll inched up by just 12,000 in October, and the unemployment rate was unchanged at 4.1%, per the U.S. Bureau of Labor Statistics.
Chart of the Week: Payroll Growth and Unemployment Rate
The August employment report confirmed that the job market is cooling. With a 142,000 job increase in August and downward revisions of the June and July numbers, job growth has slowed to an average of 116,000 jobs over the past three months.
Unemployment Rises to 4.3% in July
Total nonfarm payroll increased by 114,000 in July, per the U.S. Bureau of Labor Statistics.
x MBA Chart of the Week: Monthly Employment Changes and Unemployment Rate
Once again, the headline gain in nonfarm payroll employment does not tell the entire story.
MBA Chart of the Week: Monthly Employment Changes and Unemployment Rate
Once again, the headline gain in nonfarm payroll employment does not tell the entire story.
MBA Chart of the Week: Payroll Growth and Unemployment
Our Chart of the Week focuses on Friday’s Employment Situation report released by the Bureau of Labor Statistics.
U.S. Payroll Up 150,000 in October, Shows Signs of Weakening
The U.S. economy added 150,000 nonfarm employment jobs in October, the U.S. Bureau of Labor Statistics reported.
MBA Chart of the Week May 12, 2023: Mortgage Delinquency Rate, Unemployment Rate
This week’s chart shows that mortgage delinquencies and the unemployment rate continue to track each other closely.
Zillow: Newly Unemployed Service Workers Owe $1.7 Billion/Month in Housing Payments
Zillow, Seattle, said its analysis found more than $1.7 billion in rent and mortgage payments is owed each month by U.S. service-sector workers currently receiving unemployment benefits as a result of the coronavirus pandemic — payments that could be in jeopardy if expanded local and federal unemployment assistance fades or workers remain without incomes longer than expected.