April 2020 Jobs Report – Employment & Unemployment The United States unemployment rate jumped to 4.4 percent in March 2020, the highest since August 2017 and well above market expectations of 3.8 percent (pre coronavirus forecast), as the COVID-19 crisis threw millions out of work. Overall, nonfarm payroll employment declined by 701,000 jobs. The post […]
Economic Growth Indicators – 3rd Quarter 2019 Real Gross Domestic Product (GDP) for third quarter of 2019 grew at a 1.9 percent, down by from the 2% annual rate in the second quarter of 2019. The third quarter figure was above the consensus forecast figure of 1.6% and above the GDPNow for third-quarter forecast of […]
Employment of production and nonsupervisory employees (a good measure for rand and file workers) showed that private sector added 274,000 jobs compared to 110,000 jobs in December. Read More The post Employment and Wages for Production and Nonsupervisory Workers, January 2019 appeared first on IAMAW .