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What time is the employment report released?
At 8:30 a.m. EST on the first Friday of every month (with a rare exceptions), the U.S. Department of Labor's Bureau of Labor Statistics (BLS) releases the Employment Situation Summary, otherwise known as the Employment or Jobs Report.
How often is the unemployment rate released?
* The Employment Situation report is typically released on the third Friday after the conclusion of the reference week, i.e., the week which includes the 12th of the month.
What is the unemployment rate in 2020?
Bureau of Labor Statistics The national unemployment rate was 3.6 percent in January 2020, down from 4.0 percent in January 2019.
What is the unemployment rate today?
Unemployment Rate in the United States is expected to be 15.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in the United States to stand at 19.00 in 12 months time.
What is Unemployment Rate March 2020?
National unemployment was at 4.4 percent in March 2020. According to the Bureau of Labor Statistics — the principle fact-finding agency for the U.S. Federal Government in labor economics and statistics — unemployment declined from 2010 to 2019.
What is the unemployment rate for March?
The unemployment rate for March is 4.4%, but that calculation is through just March 13before the effects of the coronavirus pandemic were fully felt. The April rate that comes out on May 9 is expected to top double digits. But there's another reason the official rate might be under counting the situation.
What is unemployment rate right now?
The latest initial claims data report the total number of claims only through March 28. Since then, it's likely that an additional four million people have lost their jobs. We're now up to an extra 15 million people unemployed, which would bump the unemployment rate for today up to around 12.5 percent.
What is the lowest unemployment rate in US history?
The lowest unemployment rate was 1.2% in 1944. It may seem counterintuitive to think unemployment can get too low, but it can. The Federal Reserve believes that a so-called natural rate of unemployment falls between 3.5% and 4.5%even in a healthy economy.
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