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U.S. jobs data – XtremeCuztoms

Category: U.S. jobs data

Without ‘Seasonal Adjustment,’ US Economy Actually Lost 2.5 Million Jobs, Not Gained 517,000

February 6, 2023
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The U.S. Bureau of Labor Statistics (BLS) reported on Feb. 3 that the U.S. economy added 517,000 new jobs in January, surpassing the upwardly revised figure of 260,000 in December and exceeding economist predictions of 185,000. Without seasonal adjustment, however, the U.S. economy lost over 2.5 million jobs. According to the BLS, seasonal adjustment is…

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Job Openings Remain Near Record High as Labor Market Continues to Tighten

June 1, 2022
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Total employment openings fell by 455,000 to 1.4 million in April, as the large gap between vacant positions and available workers narrowed, according to the Bureau of Labor Statistics’  Job Openings and Labor Turnover Survey (JOLTS) from June 1. The decline in job openings is in decline from an upwardly revised 11.855 million in March, approximately…

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