Current Employment Situation
Bureau of Labor Statistics Report
The unemployment rate fell from 10.0 to 9.7 percent in January, and nonfarm payroll employment was essentially unchanged (-20,000). Employment fell in construction and in transportation and warehousing, while temporary help services and retail trade added jobs. Household Survey Data. In January, the number of unemployed persons decreased to 14.8 million, and the unemployment rate fell by 0.3 percentage point to 9.7 percent. Unemployment rates for most major worker groups — adult men (10.0 percent), teenagers (26.4 percent), blacks (16.5 percent), and Hispanics (12.6 percent) — showed little change. The jobless rate for adult women fell to 7.9 percent, and…
