Employment Situation News Release

The latest Employment Situation news release from the Bureau of Labor Statistics, http://bls.gov:

The unemployment rate edged down to 10.0 percent in November, and nonfarm payroll employment was essentially unchanged (-11,000). In the prior 3 months, payroll job losses had averaged 135,000 a month. In November, employment fell in construction, manufacturing, and information, while temporary help services and health care added jobs.

October Mass Layoffs

The latest Mass Layoffs news release from the Bureau of Labor Statistics, http://bls.gov:

In October, employers took 2,127 mass layoff actions involving 217,182 workers. Mass layoff events decreased by 434 and associated initial claims by 30,824 from September. Over the month, the number of manufacturing events, at 619, decreased by 237, and associated initial claims, at 70,572, decreased by 26,494.

The national unemployment rate was 10.2 percent in October 2009, seasonally adjusted, up from 9.8 percent the prior month and from 6.6 percent a year earlier. In October, total nonfarm payroll employment decreased by 190,000 over the month and by 5,504,000 from a year earlier.

Quarterly Data Series on Business Employment Dynamics

The latest jobs data released by the Bureau of Labor Statistics, http://bls.gov:

From December 2008 to March 2009 the number of job losses from closing and contracting establishments remained essentially unchanged at 8.5 million. The number of job gains from opening and expanding private sector establishments fell from 6.7 million to 5.7 million, the lowest level since the series began in 1992, the U.S. Bureau of Labor Statistics reported today.

 Gross job losses exceeded gross job gains in all but two industry sectors: utilities and education and health services.

Quarterly Extended Mass Layoffs

Courtesy of the Bureau of Labor Statistics: http://bls.gov

Employers initiated 1,776 extended mass layoff events that resulted in 277,924 job separations in the third quarter of 2009. The total number of events reached a record high for any third quarter. Nine major industry sectors had a record high number of events for a third quarter.

Employment Situation

The latest unemployment numbers issued today by the Bureau of Labor Statistics:

In October, the unemployment rate rose to 10.2 percent, the highest since April 1983, and nonfarm payroll employment continued to decline (-190,000). The largest job losses over the month were in construction, manufacturing, and retail trade.

Total unemployed, plus all marginally attached workers, plus total employed part time for economic reasons, as a percent of the civilian labor force plus all marginally attached workers in October, 2009 is 17.5 percent.

September Mass Layoffs Report

Courtesy of the Bureau of Labor Statistics: http://bls.gov

In September, employers took 2,561 mass layoff actions
involving 248,006 workers. Mass layoff events decreased by
129 and associated initial claims by 11,301 from August.
Year-to-date events and initial claims reached new program
highs at 23,745 and 2,410,208, respectively.

The national unemployment rate was 9.8 percent in September 2009, seasonally adjusted, little changed from 9.7 percent the prior month and up from 6.2 percent a year earlier. In September, total nonfarm payroll employment decreased by 263,000 over the month and by 5,785,000 from a year earlier.

Unemployment Hits 9.8%

The Bureau of Labor Statistics released the early numbers for the September job situation today:

Nonfarm payroll employment continued to decline in September
(-263,000), and the unemployment rate (9.8 percent) continued to trend up. The largest job losses were in construction,
manufacturing, retail trade, and government.

August Mass Layoff Report

Courtesy of the Bureau of Labor Statistics: http://bls.gov

In August, employers took 2,690 mass layoff actions
involving 259,307 workers. Mass layoff events increased
by 533 and associated initial claims by 52,516 from July.
Over the year, events increased by 803 and initial claims
by 70,356. Year-to-date events and initial claims reached
new program highs. 

The national unemployment rate was 9.7 percent in August 2009, seasonally adjusted, up from 9.4 percent the prior month and up from 6.2 percent a year earlier. In August, total nonfarm payroll employment decreased by 216,000 over the month and by 5,830,000 from a year earlier.