Bob Marshall’s August 2024 BLS Analysis for Recruiters; 9/6/24
August BLS Preface
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BLS Analysis for Recruiters
August Business Article
AI adoption in recruitment soars, report says
SIA, August 21, 2024
AI adoption in recruitment has skyrocketed, according to employment platform iHire’s 2024 State of Online Recruiting Report released Aug. 20. The poll found that 14.7% of employers now use AI in recruitment, up from 4.9% in 2023.
Job seekers have also turned to AI, with 17.3% reported using AI tools in 2023 to write their résumés or cover letters, up from 2.8% in 2023.
The report by iHire also looked at several other online recruiting trends:
Unqualified candidates
A majority of employers, 63.3%, cited an influx of unqualified applicants as a top hiring challenge, while 51% cited unresponsive applicants as their biggest issue.
External factors
Job seekers are more concerned about external factors than employers, with 45.3% fearing that economic uncertainty will impact their job search or career growth in the coming year compared to 34.0% of employers who believe the economy will affect their hiring ability.
Political discourse.
The study found that 17.1% of job seekers and 8.7% of employers are worried about the impact of political discourse in the workplace due to the US election.
Job board use.
A majority of companies, 68.1% reported using job boards for “all” or “most” of their hiring, with 34.3% expecting usage to increase in 2025. Likewise, 67.0% of job seekers applied for a job through a job board in the past year. Additionally, 69.7% of job seekers always visit a hiring company’s website before applying for a role found on a job board.
Ghosting.
More than half of candidates, 54.7%, identified not hearing back from employers/being ghosted as a top job search challenge, and 45.0% believe this will hinder their ability to find work in the coming year.
The survey includes responses from 1,637 job seekers and 586 employers in the US across 57 industries. It took place in June.
Half of US Firms to add Perm Positions in Second Half of 2024
SIA, August 21, 2024
Hiring will remain steady in the second half of 2024, according to a study released July 30 by Robert Half.
Its survey of hiring managers found that 52% of US companies plan to add new permanent positions in the second half of 2024, down from 57% in a similar survey for the first half of the year.
43% anticipate hiring for vacated positions in the second half of 2024, and 57% plan to increase their use of contract professionals, a decrease of 10% from the first half of 2024.
Survey participants identified company growth as the top factor influencing hiring decisions, cited by 57% of managers, followed by employee turnover at 47% and project-based work requiring skilled talent at 42%.
However, 86% of employers reported hiring challenges. Their top areas of concern include:
- Lack of applicants with the required skills, 48%
- Hiring quickly enough to land the best talent, 48%
- Meeting candidates’ salary expectations, 48%
To address these challenges, 62% of managers indicated a willingness to compromise on years of experience if candidates possessed the necessary skills required for the role. The survey also found that 58% of hiring managers are seeking to fill tech positions in the second half of 2024, followed by HR, cited by 56%; legal, 50%; administrative and customer support, 49%; marketing and creative, 48%; and finance and accounting, 45%.
“Today’s workers are more selective when it comes to making a career move,” Dawn Fay, operational president of Robert Half, said in a press release. “Employers should have a strategic hiring plan in place and remain flexible in order to land in-demand talent and keep projects on track and workloads in check.”
To attract talent, 41% of hiring managers are offering hybrid work options, 41% are allowing teams to work outside of typical business hours and 38% are offering higher starting salaries.
The State of US Hiring survey includes responses from more than 2,500 managers with hiring responsibilities in finance and accounting, technology, marketing and creative, legal, administrative and customer support, and human resources at companies with 20 or more employees. It was conducted in June.
ADP National Employment Report: Private Sector Employment Increased by 99,000 Jobs in August; Over 58% of the New Job Creation (59,000) came from Small & Medium Establishments; Annual Pay was Up 4.8%
ROSELAND, N.J. – September 5, 2024
Private sector employment increased by 99,000 jobs in August and annual pay was up 4.8% year-over-year, according to the August ADP® National Employment Report TM produced by ADP Research in collaboration with the Stanford Digital Economy Lab (“Stanford Lab”).
The ADP National Employment Report is an independent measure and high-frequency view of the private-sector labor market based on actual, anonymized payroll data of more than 25,000,000 U.S. employees.
The jobs report and pay insights use ADP’s fine-grained anonymized and aggregated payroll data to provide a representative picture of the private-sector labor market.
The report details the current month’s total private employment change, and weekly job data from the previous month. Because the underlying ADP payroll databases are continuously updated, the report provides a high frequency, near real-time measure of U.S. employment. This measure reflects the number of employees on ADP client payrolls (Payroll Employment) to provide a richer understanding of the labor market. ADP’s pay measure uniquely captures the earnings of a cohort of almost 10,000,000 employees over a 12-month period.
* Sum of components may not equal total due to rounding. The July total of jobs added was revised from 122,000 to 111,000. ADP conducted a ‘re-benchmarking’ of its employment data in August based on full-year 2023 results from the Quarterly Census of Employment and Wages (QCEW). This resulted in a decline of 9,000 jobs in the August ADP National Employment Report. ADP’s full-year benchmarking will take place in February 2025 with the publication of the January 2025 report.
“The job market’s downward drift brought us to slower-than-normal hiring after two years of outsized growth,” said Nela Richardson, chief economist, ADP. “The next indicator to watch is wage growth, which is stabilizing after a dramatic post-pandemic slowdown.”
JOBS REPORT
Private employers added 99,000 jobs in August. The labor market continued to cool in August. Job creation among private employers slowed for the 5th straight month and wage growth was stable.
Change in U.S. Private Employment: 99,000
Change by Industry Sector
Goods-producing: 27,000
Natural resources/mining 8,000
Construction 27,000
Manufacturing <-8,000>
Service-providing: 72,000
Trade/transportation/utilities 14,000
Information <-4,000>
Financial activities 18,000
Professional/business services <-16,000>
Education/health services 29,000
Leisure/hospitality 11,000
Other services 20,000
Change by U.S. Regions
Northeast: 24,000
New England <-6,000>
Middle Atlantic 30,000
Midwest: 7,000
East North Central 0
West North Central 7,000
South: 55,000
South Atlantic 4,000
East South Central 3,000
West South Central 48,000
West: 20,000
Mountain 8,000
Pacific 12,000
Change by Establishment Size
Small establishments: <-9,000>
1-19 employees 3,000
20-49 employees <-12,000>
Medium establishments: 68,000
50-249 employees 32,000
250-499 employees 36,000
Large establishments: 42,000
500+ employees 42,000
PAY INSIGHTS
Pay gains were unchanged in August
Year-over-year pay gains were flat in August, remaining at 4.8% for job-stayers and 7.3% for job-changers.
Median Change in Annual Pay (ADP matched person sample)
Job-Stayers 4.8%
Job-Changers 7.3%
Median Change in Annual Pay for Job-Stayers by Industry Sector
Goods-producing:
Natural resources/mining 3.9%
Construction 5.2%
Manufacturing 4.7%
Service-providing:
Trade/transportation/utilities 4.5%
Information 4.5%
Financial activities 5.0%
Professional/business services 4.7%
Education/health services 5.1%
Leisure/hospitality 4.9%
Other services 4.9%
Median Change in Annual Pay for Job-Stayers by Firm Size
Small firms:
1-19 employees 4.0%
20-49 employees 4.7%
Medium firms:
50-249 employees 5.0%
250-499 employees 4.9%
Large firms:
500+ employees 4.8%
The September 2024 ADP National Employment Report will be released at 8:15 a.m. ET on October 2, 2024.
Bottom-line: To my audience of recruiters, always remember this: Our ‘bread and butter’, especially on the contingency side of the house, has historically been, and continues to be, small and medium-sized client companies. Along with the large companies, these companies need to be included in your niche!
Job Openings and Labor Turnover – July 2024
September 4, 2024
The number of job openings was little changed at 7,700,000 on the last business day of July, the U.S. Bureau of Labor Statistics reported today. Over the month, hires changed little at 5,500,000. Total separations increased to 5,400,000. Within separations, quits (3,300,000) and layoffs and discharges (1,800,000) changed little. This release includes estimates of the number and rate of job openings, hires, and separations for the total nonfarm sector, by industry, and by establishment size class.
Job Openings
On the last business day of July, the number of job openings was little changed at 7,700,000 and was down by 1,100,000 over the year. The job openings rate, at 4.6%, changed little in July. The number of job openings decreased in health care and social assistance (-187,000); state and local government, excluding education (-101,000); and transportation, warehousing, and utilities (-88,000). Job openings increased in professional and business services (+178,000) and in federal government (+28,000).
Hires
In July, the number and rate of hires changed little at 5,500,000 and 3.5%, respectively. Hires increased in accommodation and food services (+156,000) but decreased in federal government(-8,000).
Separations
Total separations include quits, layoffs and discharges, and other separations. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations include separations due to retirement, death, disability, and transfers to other locations of the same firm.
The number of total separations in July increased to 5,400,000 (+336,000). The total separations rate was little changed at 3.4%. Total separations increased in health care and social assistance (+108,000).
In July, the number of quits was essentially unchanged at 3,300,000 but was down by 338,000 over the year. Over the month, the quits rate changed little at 2.1%. Quits increased in information (+16,000).
In July, the number and rate of layoffs and discharges changed little at 1,800,000 and 1.1%, respectively. Layoffs and discharges increased in accommodation and food services (+75,000) and in finance and insurance (+21,000).
The number of other separations increased to 381,000 (+71,000) in July.
Establishment Size Class
In July, for establishments with 1 to 9 employees, the quits rate decreased, while the layoffs and discharges rate increased. The job openings rate, hires rate, and total separations rate changed little. For establishments with 5,000 or more employees, the job openings, hires, total separations, quits, layoffs and discharges rates showed little or no change.
June 2024 Revisions
The number of job openings for June was revised down by 274,000 to 7,900,000, the number of hires was revised down by 93,000 to 5,200,000, and the number of total separations was revised down by 11,000 to 5,100,000. Within separations, the number of quits was revised down by 68,000 to 3,200,000, and the number of layoffs and discharges was revised up by 62,000 to 1,600,000. (Monthly revisions result from additional reports received from businesses and government agencies since the last published estimates and from the recalculation of seasonal factors.)
____________
The Job Openings and Labor Turnover Survey estimates for August 2024 are scheduled to be released on Tuesday, October 1, 2024, at 10:00 a.m. (ET).
As we recruiters know, that 7,700,000 number only represents 20% of the jobs currently available in the marketplace. The other 80% of job openings are unpublished and are filled through networking or word of mouth or by using a RECRUITER. So, those 7,700,000 published job openings now become a total of 38,500,000 published and hidden job orders.
Online Labor Demand Increases Slightly in July
August 9, 2024
The Conference Board−Lightcast Help Wanted OnLine® (HWOL) Index rose in July 2024 to 161.9 (July 2018=100), up from a downwardly revised 161.3 in June. The 0.3% increase between July and June follows a 0.4% decrease between June and May. Overall, the Index is down 6.8% from one year ago.
The HWOL Index measures the change in advertised online job vacancies over time, reflecting monthly trends in employment opportunities across the US. The Help Wanted OnLine® Index is produced in collaboration with Lightcast (formerly Emsi Burning Glass), the global leader in real-time labor market data and analysis. This collaboration enhances the Help Wanted OnLine® program by providing additional insights into important labor market trends.
PROGRAM NOTES
Prior to 2020, The Conference Board constructed the HWOL Index based solely on online job ads over time. Using a methodology designed to reduce non-economic volatility contributed by online job sources, the HWOL Index served an effective measure of changes in labor demand over time.
Beginning January 2020, the HWOL Index was refined as an estimate of change in job openings (based on BLS JOLTS), using a series of econometric models which incorporate job ads with other macroeconomic indicators such as employment and aggregate hours worked. By adopting a modeled approach which combines other data sources with data on online job ads, the HWOL Index more accurately tracks important movements in the labor market.
HWOL Annual Revision. With the May 2024 press release, the HWOL program has incorporated its annual revision, which helps ensure the accuracy and consistency of the HWOL Data Series. This year’s annual revision includes updates to the Occupational coding, the Industry coding, and the Geography coding for the HWOL Data Series from January 2015-forward. The HWOL Index has also been updated from January 2020-forward.
The Conference Board-Lightcast Help Wanted OnLine® (HWOL) Index measures changes over time in advertised online job vacancies, reflecting monthly trends in employment opportunities across the US. The HWOL Data Series aggregates the total number of ads available by month from the HWOL universe of online job ads. Ads in the HWOL universe are collected in real-time from over 50,000 online job domains including traditional job boards, corporate boards, social media sites, and smaller job sites that serve niche markets and smaller geographic areas.
Like The Conference Board’s long-running Help Wanted Advertising Index of print ads (which was published for over 55 years and discontinued in July 2008), Help Wanted OnLine® measures help wanted advertising—i.e. labor demand. The HWOL Data Series began in May 2005 and was revised in December 2018. With the December 2018 revision, The Conference Board released the HWOL Index, improving upon the HWOL Data Series’ ability to assess local labor market trends by reducing volatility and non-economic noise and improving correlation with local labor market conditions.
In 2019, Lightcast (formerly Emsi Burning Glass) joined the Help Wanted OnLine® program as the new sole provider of online job ad data for HWOL. With this partnership, the HWOL Data Series has been revised historically to reflect a new universe and methodology of online job advertisements and therefore cannot be used in conjunction with the pre-revised HWOL Data Series. The HWOL Data Series begins in January 2015 and the HWOL Index begins in December 2005. HWOL Index values prior to 2020 are based on job ads collected by CEB, Inc.
About The Conference Board
The Conference Board is the member-driven think tank that delivers Trusted Insights for What’s Ahead™. Founded in 1916, we are a non-partisan, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States.
About Lightcast
As the global leader in labor market analytics, Lightcast illuminates the future of work with data-driven talent strategies. Formerly Emsi Burning Glass, Lightcast finds purpose in sharing the insights that build communities, educators, and companies, and takes pride in knowing our work helps others find fulfillment, too. Headquartered in Boston, Massachusetts, and Moscow, Idaho, Lightcast is active in more than 30 countries and has offices in the United Kingdom, Italy, New Zealand, and India. Lightcast is backed by global private equity leader KKR.
The next release for August 2024 is Sunday, September 8, 2024.
U-6 Update
In August 2024, the regular unemployment rate fell to 4.2% and the broader U-6 measure rose to 7.9%.
The above 7.9% is referred to as the U-6 unemployment rate (found in the monthly BLS Employment Situation Summary, Table A-15; Table A-12 in 2008 and before). It counts not only people without work seeking full-time employment (the more familiar U-3 rate), but also counts “marginally attached workers and those working part-time for economic reasons.” Note that some of these part-time workers counted as employed by U-3 could be working as little as an hour a week. And the “marginally attached workers” include those who have gotten discouraged and stopped looking, but still want to work. The age considered for this calculation is 16 years and over.
Here is a look at the August U-6 numbers for the previous 21 years:
August 2023 6.7%
August 2022 6.8%
August 2021 9.2%
August 2020 16.5%
August 2019 6.9%
August 2018 7.5%
August 2017 8.5%
August 2016 9.7%
August 2015 10.4%
August 2014 12.2%
August 2013 13.9%
August 2012 14.9%
August 2011 16.1%
August 2010 16.5%
August 2009 16.4%
August 2008 10.4%
August 2007 8.3%
August 2006 8.5%
August 2005 8.9%
August 2004 9.5%
August 2003 10.3%
The August 2024 BLS Analysis
Total nonfarm payroll employment increased by 142,000 in August, and the unemployment rate fell to 4.2%, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in construction and health care.
The change in total nonfarm payroll employment for June was revised down by 61,000, from +179,000 to +118,000, and the change for July was revised down by 25,000, from +114,000 to +89,000. With these revisions, employment in June and July combined is 86,000 lower than previously reported. (Monthly revisions result from additional reports received from businesses and government agencies since the last published estimates and from the recalculation of seasonal factors.)
The unemployment rate is also published by the BLS. That rate is found by dividing the number of unemployed by the total civilian labor force. On September 6th, 2024, the BLS published the most recent unemployment rate for August 2024 of 4.2% (actually, it is 4.221% down .032% from 4.253% in July).
The unemployment rate was determined by dividing the unemployed of 7,115,000
(–down from the month before by 48,000—since August 2023, this number has increased by 775,000) by the total civilian labor force of 168,549,000 (up by 120,000 from July 2024). Since August 2023, our total civilian labor force has increased by 709,000 workers.
(The continuing ‘Strange BLS Math’ saga—after a detour in December 2016 when the BLS {for the first time in years} DECREASED the total Civilian Noninstitutional Population—this month the BLS increased this total to 268,856,000. This is an increase of 212,000 from last month’s increase of 206,000. In one year, this population has increased by 1,643,000. For the last several years the Civilian Noninstitutional Population has increased each month—except in December 2016, 2018, 2019, 2020 & 2023—by…)
| Up from July 2024 | by | 212,000 |
| Up from June 2024 | by | 206,000 |
| Up from May 2024 | by | 190,000 |
| Up from April 2024 | by | 182,000 |
| Up from March 2024 | by | 182,000 |
| Up from February 2024 | by | 173,000 |
| Up from January 2024 | by | 171,000 |
| Down from December 2023 | by | 451,000 |
| Up from November 2023 | by | 169,000 |
| Up from October 2023 | by | 180,000 |
| Up from September 2023 | by | 214,000 |
| Up from August 2023 | by | 215,000 |
| Up from July 2023 | by | 211,000 |
| Up from June 2023 | by | 152,000 |
| Up from May 2023 | by | 183,000 |
| Up from April 2023 | by | 175,000 |
| Up from March 2023 | by | 171,000 |
| Up from February 2023 | by | 160,000 |
| Up from January 2023 | by | 150,000 |
| Up from December 2022 | by | 1,118,000 |
| Up from November 2022 | by | 136,000 |
| Up from October 2022 | by | 173,000 |
| Up from September 2022 | by | 179,000 |
| Up from August 2022 | by | 172,000 |
| Up from July 2022 | by | 172,000 |
| Up from June 2022 | by | 177,000 |
| Up from May 2022 | by | 156,000 |
| Up from April 2022 | by | 120,000 |
| Up from March 2022 | by | 115,000 |
| Up from February 2022 | by | 120,000 |
| Up from January 2022 | by | 122,000 |
| Up from December 2021 | by | 1,066,000 |
| Up from November 2021 | by | 107,000 |
| Up from October 2021 | by | 121,000 |
| Up from September 2021 | by | 142,000 |
| Up from August 2021 | by | 155,000 |
| Up from July 2021 | by | 142,000 |
Subtract the ‘civilian labor force’ from the ‘civilian noninstitutional population’) and you get 100,306,000 ‘Not in Labor Force’—up by 91,000 from last month’s 100,215,000. In one year, this NILF population has increased by 932,000. The government tells us that most of these NILFs got discouraged and just gave up looking for a job. My monthly recurring question is: “If that is the case, how do they survive when they don’t earn any money because they don’t have a job? Are they ALL relying on the government to support them??”
This month, our Employment Participation Rate—the population 16 years and older working or seeking work—remained at 62.7%. This rate is only .3% higher than the historically low rate of 62.4% recorded in September 2015—and, before that, the rate recorded in October 1977—9 months into Jimmy Carter’s presidency—almost 40 years ago!
Final take on these numbers: Fewer people looking for work will always bring down the unemployment rate.
Anyway, back to the point I am trying to make. On the surface, these new unemployment
rates are scary, but let’s look a little deeper and consider some other numbers.
The unemployment rate includes all types of workers—construction workers, government workers, etc. We recruiters, on the other hand, mainly place management, professional and related types of workers. That unemployment rate in August was 2.9% (this rate was the same as last month’s 2.9%). Or you can look at it another way. We usually place people who have college degrees. That unemployment rate in August was 2.5% (this rate was .2% higher than last month’s 2.3%).
Now stay with me a little longer. This gets better. It’s important to understand (and none of the pundits mention this) that the unemployment rate, for many reasons, will never be 0%, no matter how good the economy is. Without boring you any more than I have already, let me add here that Milton Friedman (the renowned Nobel Prize-winning economist), is famous for the theory of the “natural rate of unemployment” (or the term he preferred, NAIRU, which is the acronym for Non-Accelerating Inflation Rate of Unemployment). Basically, this theory states that full employment presupposes an ‘unavoidable and acceptable’ unemployment rate of somewhere between 4-6% with it. Economists often settle on 5%, although the “New Normal Unemployment Rate” has been suggested to fall at 6.7%.
Nevertheless (if you will allow me to apply a ‘macro’ concept to a ‘micro’ issue), if this rate is applied to our main category of Management, Professional and Related types of potential recruits, and/or our other main category of College-Degreed potential recruits,
we are well below the 4-6% threshold for full employment…we find no unemployment! None! Zilch! A Big Goose Egg!
THE IMPORTANCE OF GDP
“The economic goal of any nation, as of any individual, is to get the greatest results with the least effort. The whole economic progress of mankind has consisted in getting more production with the same labor…Translated into national terms, this first principle means that our real objective is to maximize production. In doing this, full employment—that is, the absence of involuntary idleness—becomes a necessary by-product. But production is the end, employment merely the means. We cannot continuously have the fullest production without full employment. But we can very easily have full employment without full production.”
–Economics in One Lesson, by Henry Hazlitt, Chapter X, “The Fetish of Full Employment”
On August 29th, the real gross domestic product (GDP) increased at an annual rate of 3.0% in the second quarter of 2024, according to the “second” estimate released by the Bureau of Economic Analysis. In the first quarter of 2023, real GDP increased 1.4%.
The GDP estimate released today is based on more complete source data than was available for the “advance” estimate issued last month. In the advance estimate, the increase in real GDP was 2.8%. The update primarily reflected an upward revision to consumer spending.
The increase in real GDP primarily reflected increases in consumer spending, private inventory investment, and nonresidential fixed investment. Imports, which are a subtraction in the calculation of GDP, increased.
Compared to the first quarter, the acceleration in real GDP in the second quarter primarily reflected an upturn in private inventory investment and an acceleration in consumer spending. These movements were partly offset by a downturn in residential fixed investment.
Updates to GDP
With the second estimate, an upward revision to consumer spending was partly offset by downward revisions to nonresidential fixed investment, exports, private inventory investment, federal government spending, state and local government spending, and residential fixed investment. Imports were revised up.
Annual Update of the National Economic Accounts
BEA will release results from the 2024 annual update of the National Economic Accounts, which include the National Income and Product Accounts as well as the Industry Economic Accounts, on September 26, 2024. The update will present revised statistics for GDP, GDP by Industry, and gross domestic income.
* * *
Next release, September 26, 2024, at 8:30 a.m. EDT
Gross Domestic Product (Third Estimate)
Corporate Profits (Revised Estimate)
Gross Domestic Product by Industry
Second Quarter 2024 and Annual Update
IT IS IMPOSSIBLE FOR UNEMPLOYMENT EVER TO BE ZERO
‘Unemployment’ is an emotional ‘trigger’ word…a ‘third rail’, if you will. It conjures up negative thoughts. But it is important to realize that, while we want everyone who wants a job to have the opportunity to work, unemployment can never be zero and, in fact, can be disruptive to an economy if it gets too close to zero. Very low unemployment can actually hurt the economy by creating an upward pressure on wages which invariably leads to higher production costs and prices. This can lead to inflation. The lowest the unemployment rate has been in the US was 2.5%. That was in May and June 1953 when the economy overheated due to the Korean War. When this bubble burst, it kicked off the Recession of 1953. A healthy economy will always include some percentage of unemployment.
There are five main sources of unemployment:
1. Cyclical (or demand-deficient) unemployment – This type of unemployment fluctuates with the business cycle. It rises during a recession and falls during the subsequent recovery. Workers who are most affected by this type of unemployment are laid off during a recession when production volumes fall, and companies use lay-offs as the easiest way to reduce costs. These workers are usually rehired, some months later, when the economy improves.
2. Frictional unemployment – This comes from the normal turnover in the labor force. This is where new workers are entering the workforce and older workers are retiring and leaving vacancies to be filled by the new workers or those re-entering the workforce. This category includes workers who are between jobs.
3. Structural unemployment – This happens when the skills possessed by the unemployed worker don’t match the requirements of the opening—whether those be in characteristics and skills or in location. This can come from new technology or foreign competition (e.g., foreign outsourcing). This type of unemployment usually lasts longer than frictional unemployment because retraining, and sometimes relocation, is involved. Occasionally jobs in this category can just disappear overseas.
4. Seasonal unemployment – This happens when the workforce is affected by the climate or time of year. Construction workers and agricultural workers aren’t needed as much during the winter season because of the inclement weather. On the other hand, retail workers experience an increase in hiring shortly before, and during, the holiday season, but can be laid off shortly thereafter.
5. Surplus unemployment – This is caused by minimum wage laws and unions. When wages are set at a higher level, unemployment can often result. Why? To keep within the same payroll budget, the company must let go of some workers to pay the remaining workers a higher salary.
Other factors influencing the unemployment rate:
1. Length of unemployment – Some studies indicate that an important factor influencing a worker’s decision to accept a new job is directly related to the length of the unemployment benefit they are receiving. Currently, workers in most states are eligible for up to 26 weeks of benefits from the regular state-funded unemployment compensation program.
Extended Benefits are available to workers who have exhausted regular unemployment insurance benefits during periods of high unemployment. The basic Extended Benefits program provides up to 13 additional weeks of benefits when a State is experiencing high unemployment. Some States have also enacted a voluntary program to pay up to 7 additional weeks (20 weeks maximum) of Extended Benefits during periods of extremely high unemployment.
Studies suggest that additional weeks of benefits reduce the incentive of the unemployed to seek and accept less-desirable jobs.
2. Changes in GDP – Since hiring workers takes time, the improvement in the unemployment rate usually lags the improvement in the GDP.
WHERE RECRUITERS PLACE
Now back to the issue at hand, namely the recruiting, and placing, of professionals and those with college degrees.
If you look at the past 24 years of unemployment in the August “management, professional and related” types of worker category, you will find the following rates:
August 2023 2.4%
August 2022 2.4%
August 2021 3.2%
August 2020 5.5%
August 2019 2.3%
August 2018 2.5%
August 2017 2.8%
August 2016 3.1%
August 2015 2.9%
August 2014 3.4%
August 2013 3.8%
August 2012 4.5%
August 2011 4.9%
August 2010 5.1%
August 2009 5.4%
August 2008 3.3%
August 2007 2.6%
August 2006 2.4%
August 2005 2.5%
August 2004 2.9%
August 2003 3.6%
August 2002 3.4%
August 2001 2.5%
August 2000 1.8%
Here are the rates, during those same time periods, for “college-degreed” workers:
August 2023 2.2%
August 2022 1.9%
August 2021 2.7%
August 2020 5.3%
August 2019 2.1%
August 2018 2.0%
August 2017 2.4%
August 2016 2.7%
August 2015 2.5%
August 2014 3.2%
August 2013 3.5%
August 2012 4.1%
August 2011 4.3%
August 2010 4.6%
August 2009 4.7%
August 2008 2.7%
August 2007 2.1%
August 2006 1.8%
August 2005 2.1%
August 2004 2.7%
August 2003 3.1%
August 2002 2.8%
August 2001 2.2%
August 2000 1.7%
The August 2024 rates for these two categories, 2.9% and 2.5%, respectively, are pretty low. But regardless, these unemployment numbers usually include a good number of job hoppers, job shoppers and rejects. We, on the other hand, are engaged by our client companies to find those candidates who are happy, well-appreciated, making good money and currently working and we entice them to move for even better opportunities—especially where new technologies are expanding. This will never change. And that is why, no matter the overall unemployment rate, we still need to MARKET to find the best possible job orders to work and we still need to RECRUIT to find the best possible candidates for those Job Orders.
Below are the numbers for the over 25-year old’s:
Less than H.S. diploma – Unemployment Rate
| 1/08 | 2/08 | 3/08 | 4/08 | 5/08 | 6/08 | 7/08 | 8/08 | 9/08 | 10/08 | 11/08 | 12/08 |
| 7.7% | 7.4% | 8.2% | 7.9% | 8.4% | 8.9% | 8.6% | 9.7% | 9.8% | 10.4% | 10.6% | 10.9% |
| 1/09 | 2/09 | 3/09 | 4/09 | 5/09 | 6/09 | 7/09 | 8/09 | 9/09 | 10/09 | 11/09 | 12/09 |
| 12.0% | 12.6% | 13.3% | 14.8% | 15.5% | 15.5% | 15.4% | 15.6% | 15.0% | 15.5% | 15.0% | 15.3% |
| 1/10 | 2/10 | 3/10 | 4/10 | 5/10 | 6/10 | 7/10 | 8/10 | 9/10 | 10/10 | 11/10 | 12/10 |
| 15.2% | 15.6% | 14.5% | 14.7% | 15.0% | 14.1% | 13.8% | 14.0% | 15.4% | 15.3% | 15.7% | 15.3% |
| 1/11 | 2/11 | 3/11 | 4/11 | 5/11 | 6/11 | 7/11 | 8/11 | 9/11 | 10/11 | 11/11 | 12/11 |
| 14.2% | 13.9% | 13.7% | 14.6% | 14.7% | 14.3% | 15.0% | 14.3% | 14.0% | 13.8% | 13.2% | 13.8% |
| 1/12 | 2/12 | 3/12 | 4/12 | 5/12 | 6/12 | 7/12 | 8/12 | 9/12 | 10/12 | 11/12 | 12/12 |
| 13.1% | 12.9% | 12.6% | 12.5% | 13.0% | 12.6% | 12.7% | 12.0% | 11.3% | 12.2% | 12.2% | 11.7% |
| 1/13 | 2/13 | 3/13 | 4/13 | 5/13 | 6/13 | 7/13 | 8/13 | 9/13 | 10/13 | 11/13 | 12/13 |
| 12.0% | 11.2% | 11.1% | 11.6% | 11.1% | 10.7% | 11.0% | 11.3% | 10.3% | 10.9% | 10.8% | 9.8% |
| 1/14 | 2/14 | 3/14 | 4/14 | 5/14 | 6/14 | 7/14 | 8/14 | 9/14 | 10/14 | 11/14 | 12/14 |
| 9.6% | 9.8% | 9.6% | 8.9% | 9.1% | 9.1% | 9.6% | 9.1% | 8.4% | 7.9% | 8.5% | 8.8% |
| 1/15 | 2/15 | 3/15 | 4/15 | 5/15 | 6/15 | 7/15 | 8/15 | 9/15 | 10/15 | 11/15 | 12/15 |
| 8.5% | 8.4% | 8.6% | 8.6% | 8.6% | 8.2% | 8.3% | 7.7% | 7.7% | 7.3% | 6.8% | 6.7% |
| 1/16 | 2/16 | 3/16 | 4/16 | 5/16 | 6/16 | 7/16 | 8/16 | 9/16 | 10/16 | 11/16 | 12/16 |
| 7.4% | 7.3% | 7.4% | 7.5% | 7.1% | 7.5% | 6.3% | 7.2% | 8.5% | 7.3% | 7.9% | 7.9% |
| 1/17 | 2/17 | 3/17 | 4/17 | 5/17 | 6/17 | 7/17 | 8/17 | 9/17 | 10/17 | 11/17 | 12/17 |
| 7.3% | 7.9% | 6.8% | 6.5% | 6.1% | 6.4% | 6.9% | 6.0% | 6.5% | 5.7% | 5.2% | 6.3% |
| 1/18 | 2/18 | 3/18 | 4/18 | 5/18 | 6/18 | 7/18 | 8/18 | 9/18 | 10/18 | 11/18 | 12/18 |
| 5.4% | 5.7% | 5.5% | 5.9% | 5.4% | 5.5% | 5.1% | 5.7% | 5.5% | 6.0% | 5.6% | 5.8% |
| 1/19 | 2/19 | 3/19 | 4/19 | 5/19 | 6/19 | 7/19 | 8/19 | 9/19 | 10/19 | 11/19 | 12/19 |
| 5.7% | 5.3% | 5.9% | 5.4% | 5.4% | 5.3% | 5.1% | 5.4% | 4.8% | 5.6% | 5.3% | 5.2% |
| 1/20 | 2/20 | 3/20 | 4/20 | 5/20 | 6/20 | 7/20 | 8/20 | 9/20 | 10/20 | 11/20 | 12/20 |
| 5.5% | 5.7% | 6.8% | 21.2% | 19.9% | 16.6% | 15.4% | 12.6% | 10.7% | 9.9% | 9.2% | 9.8% |
| 1/21 | 2/21 | 3/21 | 4/21 | 5/21 | 6/21 | 7/21 | 8/21 | 9/21 | 10/21 | 11/21 | 12/21 |
| 9.1% | 10.1% | 8.2% | 9.3% | 9.1% | 10.2% | 9.5% | 7.8% | 7.9% | 7.4% | 5.7% | 5.2% |
| 1/22 | 2/22 | 3/22 | 4/22 | 5/22 | 6/22 | 7/22 | 8/22 | 9/22 | 10/22 | 11/22 | 12/22 |
| 6.3% | 4.3% | 5.2% | 5.4% | 5.2% | 5.8% | 5.9% | 6.2% | 5.6% | 6.3% | 4.4% | 5.0% |
| 1/23 | 2/23 | 3/23 | 4/23 | 5/23 | 6/23 | 7/23 | 8/23 | 9/23 | 10/23 | 11/23 | 12/23 |
| 4.5% | 5.8% | 4.8% | 5.4% | 5.7% | 6.0% | 5.2% | 5.4% | 5.5% | 5.8% | 6.3% | 6.0% |
| 1/24 | 2/24 | 3/24 | 4/24 | 5/24 | 6/24 | 7/24 | 8/24 | 9/24 | 10/24 | 11/24 | 12/24 |
| 6.0% | 6.1% | 4.9% | 6.0% | 5.9% | 5.9% | 6.7% | 7.1% |
H.S. Grad; no college – Unemployment Rate
| 1/08 | 2/08 | 3/08 | 4/08 | 5/08 | 6/08 | 7/08 | 8/08 | 9/08 | 10/08 | 11/08 | 12/08 |
| 4.6% | 4.7% | 5.1% | 5.0% | 5.2% | 5.2% | 5.3% | 5.8% | 6.3% | 6.5% | 6.9% | 7.7% |
| 1/09 | 2/09 | 3/09 | 4/09 | 5/09 | 6/09 | 7/09 | 8/09 | 9/09 | 10/09 | 11/09 | 12/09 |
| 8.1% | 8.3% | 9.0% | 9.3% | 10.0% | 9.8% | 9.4% | 9.7% | 10.8% | 11.2% | 10.4% | 10.5% |
| 1/10 | 2/10 | 3/10 | 4/10 | 5/10 | 6/10 | 7/10 | 8/10 | 9/10 | 10/10 | 11/10 | 12/10 |
| 10.1% | 10.5% | 10.8% | 10.6% | 10.9% | 10.8% | 10.1% | 10.3% | 10.0% | 10.1% | 10.0% | 9.8% |
| 1/11 | 2/11 | 3/11 | 4/11 | 5/11 | 6/11 | 7/11 | 8/11 | 9/11 | 10/11 | 11/11 | 12/11 |
| 9.4% | 9.5% | 9.5% | 9.7% | 9.5% | 10.0% | 9.3% | 9.6% | 9.7% | 9.6% | 8.8% | 8.7% |
| 1/12 | 2/12 | 3/12 | 4/12 | 5/12 | 6/12 | 7/12 | 8/12 | 9/12 | 10/12 | 11/12 | 12/12 |
| 8.4% | 8.3% | 8.0% | 7.9% | 8.1% | 8.4% | 8.7% | 8.8% | 8.7% | 8.4% | 8.1% | 8.0% |
| 1/13 | 2/13 | 3/13 | 4/13 | 5/13 | 6/13 | 7/13 | 8/13 | 9/13 | 10/13 | 11/13 | 12/13 |
| 8.1% | 7.9% | 7.6% | 7.4% | 7.4% | 7.6% | 7.6% | 7.6% | 7.6% | 7.3% | 7.3% | 7.1% |
| 1/14 | 2/14 | 3/14 | 4/14 | 5/14 | 6/14 | 7/14 | 8/14 | 9/14 | 10/14 | 11/14 | 12/14 |
| 6.5% | 6.4% | 6.3% | 6.3% | 6.5% | 5.8% | 6.1% | 6.2% | 5.3% | 5.7% | 5.6% | 5.3% |
| 1/15 | 2/15 | 3/15 | 4/15 | 5/15 | 6/15 | 7/15 | 8/15 | 9/15 | 10/15 | 11/15 | 12/15 |
| 5.4% | 5.4% | 5.3% | 5.4% | 5.8% | 5.4% | 5.5% | 5.5% | 5.3% | 5.3% | 5.4% | 5.6% |
| 1/16 | 2/16 | 3/16 | 4/16 | 5/16 | 6/16 | 7/16 | 8/16 | 9/16 | 10/16 | 11/16 | 12/16 |
| 5.3% | 5.3% | 5.4% | 5.4% | 5.1% | 5.0% | 5.0% | 5.1% | 5.2% | 5.5% | 4.9% | 5.1% |
| 1/17 | 2/17 | 3/17 | 4/17 | 5/17 | 6/17 | 7/17 | 8/17 | 9/17 | 10/17 | 11/17 | 12/17 |
| 5.2% | 5.0% | 4.9% | 4.6% | 4.7% | 4.6% | 4.5% | 5.1% | 4.3% | 4.3% | 4.3% | 4.2% |
| 1/18 | 2/18 | 3/18 | 4/18 | 5/18 | 6/18 | 7/18 | 8/18 | 9/18 | 10/18 | 11/18 | 12/18 |
| 4.5% | 4.4% | 4.3% | 4.3% | 3.9% | 4.2% | 4.0% | 3.9% | 3.7% | 4.0% | 3.5% | 3.8% |
| 1/19 | 2/19 | 3/19 | 4/19 | 5/19 | 6/19 | 7/19 | 8/19 | 9/19 | 10/19 | 11/19 | 12/19 |
| 3.8% | 3.8% | 3.7% | 3.5% | 3.5% | 3.9% | 3.6% | 3.6% | 3.6% | 3.7% | 3.7% | 3.7% |
| 1/20 | 2/20 | 3/20 | 4/20 | 5/20 | 6/20 | 7/20 | 8/20 | 9/20 | 10/20 | 11/20 | 12/20 |
| 3.8% | 3.6% | 4.4% | 17.3% | 15.3% | 12.1% | 10.8% | 9.8% | 9.0% | 8.1% | 7.8% | 7.8% |
| 1/21 | 2/21 | 3/21 | 4/21 | 5/21 | 6/21 | 7/21 | 8/21 | 9/21 | 10/21 | 11/21 | 12/21 |
| 7.1% | 7.2% | 6.7% | 6.9% | 6.8% | 7.0% | 6.3% | 6.0% | 5.8% | 5.4% | 5.2% | 4.6% |
| 1/22 | 2/22 | 3/22 | 4/22 | 5/22 | 6/22 | 7/22 | 8/22 | 9/22 | 10/22 | 11/22 | 12/22 |
| 4.6% | 4.5% | 4.0% | 3.8% | 3.8% | 3.6% | 3.6% | 4.2% | 3.7% | 3.9% | 3.9% | 3.6% |
| 1/23 | 2/23 | 3/23 | 4/23 | 5/23 | 6/23 | 7/23 | 8/23 | 9/23 | 10/23 | 11/23 | 12/23 |
| 3.7% | 3.6% | 4.0% | 3.9% | 3.9% | 3.9% | 3.4% | 3.8% | 4.1% | 4.0% | 4.1% | 4.2% |
| 1/24 | 2/24 | 3/24 | 4/24 | 5/24 | 6/24 | 7/24 | 8/24 | 9/24 | 10/24 | 11/24 | 12/24 |
| 4.3% | 4.2% | 4.1% | 4.0% | 4.3% | 4.2% | 4.6% | 4.0% |
Some College; or AA/AS – Unemployment Rate
| 1/08 | 2/08 | 3/08 | 4/08 | 5/08 | 6/08 | 7/08 | 8/08 | 9/08 | 10/08 | 11/08 | 12/08 |
| 3.7% | 3.8% | 3.9% | 4.0% | 4.3% | 4.4% | 4.6% | 5.0% | 5.1% | 5.3% | 5.5% | 5.6% |
| 1/09 | 2/09 | 3/09 | 4/09 | 5/09 | 6/09 | 7/09 | 8/09 | 9/09 | 10/09 | 11/09 | 12/09 |
| 6.2% | 7.0% | 7.2% | 7.4% | 7.7% | 8.0% | 7.9% | 8.2% | 8.5% | 9.0% | 9.0% | 9.0% |
| 1/10 | 2/10 | 3/10 | 4/10 | 5/10 | 6/10 | 7/10 | 8/10 | 9/10 | 10/10 | 11/10 | 12/10 |
| 8.5% | 8.0% | 8.2% | 8.3% | 8.3% | 8.2% | 8.3% | 8.7% | 9.1% | 8.5% | 8.7% | 8.1% |
| 1/11 | 2/11 | 3/11 | 4/11 | 5/11 | 6/11 | 7/11 | 8/11 | 9/11 | 10/11 | 11/11 | 12/11 |
| 8.0% | 7.8% | 7.4% | 7.5% | 8.0% | 8.4% | 8.3% | 8.2% | 8.4% | 8.3% | 7.6% | 7.7% |
| 1/12 | 2/12 | 3/12 | 4/12 | 5/12 | 6/12 | 7/12 | 8/12 | 9/12 | 10/12 | 11/12 | 12/12 |
| 7.2% | 7.3% | 7.5% | 7.6% | 7.9% | 7.5% | 7.1% | 6.6% | 6.5% | 6.9% | 6.6% | 6.9% |
| 1/13 | 2/13 | 3/13 | 4/13 | 5/13 | 6/13 | 7/13 | 8/13 | 9/13 | 10/13 | 11/13 | 12/13 |
| 7.0% | 6.7% | 6.4% | 6.4% | 6.5% | 6.4% | 6.0% | 6.1% | 6.0% | 6.3% | 6.4% | 6.1% |
| 1/14 | 2/14 | 3/14 | 4/14 | 5/14 | 6/14 | 7/14 | 8/14 | 9/14 | 10/14 | 11/14 | 12/14 |
| 6.0% | 6.2% | 6.1% | 5.7% | 5.5% | 5.0% | 5.3% | 5.4% | 5.4% | 4.8% | 4.9% | 5.0% |
| 1/15 | 2/15 | 3/15 | 4/15 | 5/15 | 6/15 | 7/15 | 8/15 | 9/15 | 10/15 | 11/15 | 12/15 |
| 5.2% | 5.1% | 4.8% | 4.7% | 4.4% | 4.2% | 4.4% | 4.4% | 4.3% | 4.3% | 4.4% | 4.1% |
| 1/16 | 2/16 | 3/16 | 4/16 | 5/16 | 6/16 | 7/16 | 8/16 | 9/16 | 10/16 | 11/16 | 12/16 |
| 4.2% | 4.2% | 4.1% | 4.1% | 3.9% | 4.2% | 4.3% | 4.3% | 4.2% | 4.2% | 3.9% | 3.8% |
| 1/17 | 2/17 | 3/17 | 4/17 | 5/17 | 6/17 | 7/17 | 8/17 | 9/17 | 10/17 | 11/17 | 12/17 |
| 3.8% | 4.0% | 3.7% | 3.7% | 4.0% | 3.8% | 3.7% | 3.8% | 3.6% | 3.7% | 3.6% | 3.6% |
| 1/18 | 2/18 | 3/18 | 4/18 | 5/18 | 6/18 | 7/18 | 8/18 | 9/18 | 10/18 | 11/18 | 12/18 |
| 3.4% | 3.5% | 3.6% | 3.5% | 3.2% | 3.3% | 3.2% | 3.5% | 3.2% | 3.0% | 3.1% | 3.3% |
| 1/19 | 2/19 | 3/19 | 4/19 | 5/19 | 6/19 | 7/19 | 8/19 | 9/19 | 10/19 | 11/19 | 12/19 |
| 3.4% | 3.2% | 3.4% | 3.1% | 2.8% | 3.0% | 3.2% | 3.1% | 2.9% | 2.9% | 2.9% | 2.7% |
| 1/20 | 2/20 | 3/20 | 4/20 | 5/20 | 6/20 | 7/20 | 8/20 | 9/20 | 10/20 | 11/20 | 12/20 |
| 2.8% | 3.0% | 3.7% | 15.0% | 13.3% | 10.9% | 10.0% | 8.0% | 8.1% | 6.6% | 6.3% | 6.3% |
| 1/21 | 2/21 | 3/21 | 4/21 | 5/21 | 6/21 | 7/21 | 8/21 | 9/21 | 10/21 | 11/21 | 12/21 |
| 6.2% | 5.9% | 5.9% | 5.8% | 5.9% | 5.8% | 5.0% | 5.1% | 4.5% | 4.4% | 3,7% | 3.6% |
| 1/22 | 2/22 | 3/23 | 4/22 | 5/22 | 6/22 | 7/22 | 8/22 | 9/22 | 10/22 | 11/22 | 12/22 |
| 3.6% | 3.8% | 3.0% | 3.1% | 3.4% | 3.1% | 2.8% | 2.9% | 2.9% | 3.0% | 3.2% | 2.9% |
| 1/23 | 2/23 | 3/23 | 4/23 | 5/23 | 6/23 | 7/23 | 8/23 | 9/23 | 10/23 | 11/23 | 12/23 |
| 2.9% | 3.2% | 3.0% | 2.9% | 3.2% | 3.1% | 3.1% | 3.0% | 3.0% | 3.1% | 2.8% | 3.1% |
| 1/23 | 2/23 | 3/23 | 4/23 | 5/23 | 6/23 | 7/23 | 8/23 | 9/23 | 10/23 | 11/23 | 12/23 |
| 2.9% | 3.2% | 3.0% | 2.9% | 3.2% | 3.1% | 3.1% | 3.0% | 3.0% | 3.1% | 2.8% | 3.1% |
| 1/24 | 2/24 | 3/24 | 4/24 | 5/24 | 6/24 | 7/24 | 8/24 | 9/24 | 10/24 | 11/24 | 12/24 |
| 3.3% | 3.1% | 3.4% | 3.3% | 3.1% | 3.4% | 3.5% | 3.4% |
BS/BS + – Unemployment Rate
| 1/08 | 2/08 | 3/08 | 4/08 | 5/08 | 6/08 | 7/08 | 8/08 | 9/08 | 10/08 | 11/08 | 12/08 |
| 2.1% | 2.1% | 2.1% | 2.1% | 2.3% | 2.4% | 2.5% | 2.7% | 2.6% | 3.1% | 3.2% | 3.7% |
| 1/09 | 2/09 | 3/09 | 4/09 | 5/09 | 6/09 | 7/09 | 8/09 | 9/09 | 10/09 | 11/09 | 12/09 |
| 3.9% | 4.1% | 4.3% | 4.4% | 4.8% | 4.7% | 4.7% | 4.7% | 4.9% | 4.7% | 4.9% | 5.0% |
| 1/10 | 2/10 | 3/10 | 4/10 | 5/10 | 6/10 | 7/10 | 8/10 | 9/10 | 10/10 | 11/10 | 12/10 |
| 4.8% | 5.0% | 4.9% | 4.9% | 4.7% | 4.4% | 4.5% | 4.6% | 4.4% | 4.7% | 5.1% | 4.8% |
| 1/11 | 2/11 | 3/11 | 4/11 | 5/11 | 6/11 | 7/11 | 8/11 | 9/11 | 10/11 | 11/11 | 12/11 |
| 4.2% | 4.3% | 4.4% | 4.5% | 4.5% | 4.4% | 4.3% | 4.3% | 4.2% | 4.4% | 4.4% | 4.1% |
| 1/12 | 2/12 | 3/12 | 4/12 | 5/12 | 6/12 | 7/12 | 8/12 | 9/12 | 10/12 | 11/12 | 12/12 |
| 4.2% | 4.2% | 4.2% | 4.0% | 3.9% | 4.1% | 4.1% | 4.1% | 4.1% | 3.8% | 3.8% | 3.9% |
| 1/13 | 2/13 | 3/13 | 4/13 | 5/13 | 6/13 | 7/13 | 8/13 | 9/13 | 10/13 | 11/13 | 12/13 |
| 3.8% | 3.8% | 3.8% | 3.9% | 3.8% | 3.9% | 3.8% | 3.5% | 3.7% | 3.8% | 3.4% | 3.3% |
| 1/14 | 2/14 | 3/14 | 4/14 | 5/14 | 6/14 | 7/14 | 8/14 | 9/14 | 10/14 | 11/14 | 12/14 |
| 3.3% | 3.4% | 3.4% | 3.3% | 3.2% | 3.3% | 3.1% | 3.2% | 2.9% | 3.1% | 3.2% | 2.8% |
| 1/15 | 2/15 | 3/15 | 4/15 | 5/15 | 6/15 | 7/15 | 8/15 | 9/15 | 10/15 | 11/15 | 12/15 |
| 2.8% | 2.7% | 2.5% | 2.7% | 2.7% | 2.5% | 2.6% | 2.5% | 2.5% | 2.5% | 2.5% | 2.5% |
| 1/16 | 2/16 | 3/16 | 4/16 | 5/16 | 6/16 | 7/16 | 8/16 | 9/16 | 10/16 | 11/16 | 12/16 |
| 2.5% | 2.5% | 2.6% | 2.4% | 2.4% | 2.5% | 2.5% | 2.7% | 2.5% | 2.6% | 2.3% | 2.5% |
| 1/17 | 2/17 | 3/17 | 4/17 | 5/17 | 6/17 | 7/17 | 8/17 | 9/17 | 10/17 | 11/17 | 12/17 |
| 2.5% | 2.4% | 2.5% | 2.4% | 2.3% | 2.4% | 2.4% | 2.4% | 2.3% | 2.0% | 2.1% | 2.1% |
| 1/18 | 2/18 | 3/18 | 4/18 | 5/18 | 6/18 | 7/18 | 8/18 | 9/18 | 10/18 | 11/18 | 12/18 |
| 2.1% | 2.3% | 2.2% | 2.1% | 2.0% | 2.3% | 2.2% | 2.1% | 2.0% | 2.0% | 2.2% | 2.1% |
| 1/19 | 2/19 | 3/19 | 4/19 | 5/19 | 6/19 | 7/19 | 8/19 | 9/19 | 10/19 | 11/19 | 12/19 |
| 2.4% | 2.2% | 2.0% | 2.1% | 2.1% | 2.1% | 2.2% | 2.1% | 2.0% | 2.1% | 2.0% | 1.9% |
| 1/20 | 2/20 | 3/20 | 4/20 | 5/20 | 6/20 | 7/20 | 8/20 | 9/20 | 10/20 | 11/20 | 12/20 |
| 2.0% | 1.9% | 2.5% | 8.4% | 7.4% | 6.9% | 6.7% | 5.3% | 4.7% | 4.2% | 4.2% | 3.8% |
| 1/21 | 2/21 | 3/21 | 4/21 | 5/21 | 6/21 | 7/21 | 8/21 | 9/21 | 10/21 | 11/21 | 12/21 |
| 4.0% | 3.8% | 3.7% | 3.5% | 3.2% | 3.5% | 3.1% | 2.8% | 2.5% | 2.4% | 2.3% | 2.1% |
| 1/22 | 2/22 | 3/22 | 4/22 | 5/22 | 6/22 | 7/22 | 8/22 | 9/22 | 10/22 | 11/22 | 12/22 |
| 2.3% | 2.2% | 2.0% | 2.0% | 2.0% | 2.1% | 2.0% | 1.9% | 1.8% | 1.9% | 2.0% | 1.9% |
| 1/23 | 2/23 | 3/23 | 4/23 | 5/23 | 6/23 | 7/23 | 8/23 | 9/23 | 10/23 | 11/23 | 12/23 |
| 2.0% | 2.0% | 2.0% | 1.9% | 2.1% | 2.0% | 2.0% | 2.2% | 2.1% | 2.1% | 2.1% | 2.1% |
| 1/24 | 2/24 | 3/24 | 4/24 | 5/24 | 6/24 | 7/24 | 8/24 | 9/24 | 10/24 | 11/24 | 12/24 |
| 2.1% | 2.2% | 2.1% | 2.2% | 2.1% | 2.4% | 2.3% | 2.5% |
Management, Professional & Related – Unemployment Rate
| 1/08 | 2/08 | 3/08 | 4/08 | 5/08 | 6/08 | 7/08 | 8/08 | 9/08 | 10/08 | 11/08 | 12/08 |
| 2.2% | 2.2% | 2.1% | 2.0% | 2.6% | 2.7% | 2.9% | 3.3% | 2.8% | 3.0% | 3.2% | 3.3% |
| 1/09 | 2/09 | 3/09 | 4/09 | 5/09 | 6/09 | 7/09 | 8/09 | 9/09 | 10/09 | 11/09 | 12/09 |
| 4.1% | 3.9% | 4.2% | 4.0% | 4.6% | 5.0% | 5.5% | 5.4% | 5.2% | 4.7% | 4.6% | 4.6% |
| 1/10 | 2/10 | 3/10 | 4/10 | 5/10 | 6/10 | 7/10 | 8/10 | 9/10 | 10/10 | 11/10 | 12/10 |
| 5.0% | 4.8% | 4.7% | 4.5% | 4.5% | 4.9% | 5.0% | 5.1% | 4.4% | 4.5% | 4.7% | 4.6% |
| 1/11 | 2/11 | 3/11 | 4/11 | 5/11 | 6/11 | 7/11 | 8/11 | 9/11 | 10/11 | 11/11 | 12/11 |
| 4.7% | 4.4% | 4.3% | 4.0% | 4.4% | 4.7% | 5.0% | 4.9% | 4.4% | 4.4% | 4.2% | 4.2% |
| 1/12 | 2/12 | 3/12 | 4/12 | 5/12 | 6/12 | 7/12 | 8/12 | 9/12 | 10/12 | 11/12 | 12/12 |
| 4.3% | 4.2% | 4.2% | 3.7% | 4.0% | 4.4% | 4.8% | 4.5% | 3.9% | 3.8% | 3.6% | 3.9% |
| 1/13 | 2/13 | 3/13 | 4/13 | 5/13 | 6/13 | 7/13 | 8/13 | 9/13 | 10/13 | 11/13 | 12/13 |
| 3.9% | 3.8% | 3.6% | 3.5% | 3.5% | 4.2% | 4.1% | 3.8% | 3.5% | 3.4% | 3.1% | 2.9% |
| 1/14 | 2/14 | 3/14 | 4/14 | 5/14 | 6/14 | 7/14 | 8/14 | 9/14 | 10/14 | 11/14 | 12/14 |
| 3.1% | 3.2% | 3.3% | 2.9% | 3.1% | 3.5% | 3.5% | 3.4% | 2.8% | 2.7% | 2.8% | 2.7% |
| 1/15 | 2/15 | 3/15 | 4/15 | 5/15 | 6/15 | 7/15 | 8/15 | 9/15 | 10/15 | 11/15 | 12/15 |
| 2.9% | 2.7% | 2.4% | 2.4% | 2.4% | 2.9% | 3.1% | 2.9% | 2.4% | 2.2% | 2.1% | 2.0% |
| 1/16 | 2/16 | 3/16 | 4/16 | 5/16 | 6/16 | 7/16 | 8/16 | 9/16 | 10/16 | 11/16 | 12/16 |
| 2.3% | 2.4% | 2.4% | 2.1% | 2.1% | 2.8% | 3.0% | 3.1% | 2.7% | 2.5% | 2.3% | 2.2% |
| 1/17 | 2/17 | 3/17 | 4/17 | 5/17 | 6/17 | 7/17 | 8/17 | 9/17 | 10/17 | 11/17 | 12/17 |
| 2.3% | 2.1% | 2.0% | 2.0% | 1.9% | 2.3% | 2.7% | 2.8% | 2.3% | 2.1% | 2.0% | 2.0% |
| 1/18 | 2/18 | 3/18 | 4/18 | 5/18 | 6/18 | 7/18 | 8/18 | 9/18 | 10/18 | 11/18 | 12/18 |
| 2.2% | 2.0% | 2.0% | 1.8% | 1.7% | 2.5% | 2.4% | 2.5% | 2.0% | 1.9% | 2.1% | 2.1% |
| 1/19 | 2/19 | 3/19 | 4/19 | 5/19 | 6/19 | 7/19 | 8/19 | 9/19 | 10/19 | 11/19 | 12/19 |
| 2.5% | 2.0% | 2.0% | 1.6% | 1.7% | 2.4% | 2.4% | 2.3% | 1.9% | 1.8% | 1.8% | 1.8% |
| 1/20 | 2/20 | 3/20 | 4/20 | 5/20 | 6/20 | 7/20 | 8/20 | 9/20 | 10/20 | 11/20 | 12/20 |
| 2.2% | 1.8% | 2.5% | 7.7% | 6.6% | 6.5% | 6.6% | 5.5% | 4.5% | 3.7% | 3.7% | 3.4% |
| 1/21 | 2/21 | 3/21 | 4/21 | 5/21 | 6/21 | 7/21 | 8/21 | 9/21 | 10/21 | 11/21 | 12/21 |
| 3.7% | 3.2% | 3.1% | 3.0% | 2.8% | 3.5% | 3.3% | 3.2% | 2.4% | 2.2% | 1.9% | 1.7% |
| 1/22 | 2/22 | 3/22 | 4/22 | 5/22 | 6/22 | 7/22 | 8/22 | 9/22 | 10/22 | 11/22 | 12/22 |
| 2.3% | 2.2% | 1.5% | 1.6% | 1.6% | 2.2% | 2.4% | 2.4% | 1.8% | 2.0% | 1.8% | 1.7% |
| 1/23 | 2/23 | 3/23 | 4/23 | 5/23 | 6/23 | 7/23 | 8/23 | 9/23 | 10/23 | 11/23 | 12/23 |
| 2.1% | 2.0% | 1.9% | 1.6% | 1.8% | 2.2% | 2.4% | 2.4% | 2.0% | 1.9% | 1.8% | 1.8% |
| 1/24 | 2/24 | 3/24 | 4/24 | 5/24 | 6/24 | 7/24 | 8/24 | 9/24 | 10/24 | 11/24 | 12/24 |
| 2.1% | 2.2% | 2.2% | 1.9% | 2.0% | 2.6% | 2.9% | 2.9% |
Or employed… (,000)
| 1/08 | 2/08 | 3/08 | 4/08 | 5/08 | 6/08 | 7/08 | 8/08 | 9/08 | 10/08 | 11/08 | 12/08 |
| 52,165 | 52,498 | 52,681 | 52,819 | 52,544 | 52,735 | 52,655 | 52,626 | 53,104 | 53,485 | 53,274 | 52,548 |
| 1/09 | 2/09 | 3/09 | 4/09 | 5/09 | 6/09 | 7/09 | 8/09 | 9/09 | 10/09 | 11/09 | 12/09 |
| 52,358 | 52,196 | 52,345 | 52,597 | 52,256 | 51,776 | 51,810 | 51,724 | 52,186 | 52,981 | 52,263 | 52,131 |
| 1/10 | 2/10 | 3/10 | 4/10 | 5/10 | 6/10 | 7/10 | 8/10 | 9/10 | 10/10 | 11/10 | 12/10 |
| 52,159 | 52,324 | 52,163 | 52,355 | 51,839 | 51,414 | 50,974 | 50,879 | 51,757 | 51,818 | 52,263 | 51,704 |
| 1/11 | 2/11 | 3/11 | 4/11 | 5/11 | 6/11 | 7/11 | 8/11 | 9/11 | 10/11 | 11/11 | 12/11 |
| 51,866 | 52,557 | 53,243 | 53,216 | 52,778 | 52,120 | 51,662 | 51,997 | 52,665 | 52,864 | 52,787 | 52,808 |
| 1/12 | 2/12 | 3/12 | 4/12 | 5/12 | 6/12 | 7/12 | 8/12 | 9/12 | 10/12 | 11/12 | 12/12 |
| 53,152 | 53,208 | 53,771 | 54,055 | 54,156 | 53,846 | 53,165 | 53,696 | 54,655 | 55,223 | 54,951 | 54,635 |
| 1/13 | 2/13 | 3/13 | 4/13 | 5/13 | 6/13 | 7/13 | 8/13 | 9/13 | 10/13 | 11/13 | 12/13 |
| 54,214 | 54,563 | 54,721 | 54,767 | 54,740 | 54,323 | 54,064 | 54,515 | 55,013 | 55,155 | 55,583 | 54,880 |
| 1/14 | 2/14 | 3/14 | 4/14 | 5/14 | 6/14 | 7/14 | 8/14 | 9/14 | 10/14 | 11/14 | 12/14 |
| 55,096 | 55,501 | 56,036 | 55,896 | 56,202 | 55,714 | 55,381 | 55,646 | 56,365 | 56,759 | 57,110 | 56,888 |
| 1/15 | 2/15 | 3/15 | 4/15 | 5/15 | 6/15 | 7/15 | 8/15 | 9/15 | 10/15 | 11/15 | 12/15 |
| 57,367 | 57,596 | 57,805 | 57,953 | 58,155 | 57,710 | 57,392 | 57,288 | 58,105 | 58,456 | 58,667 | 59,030 |
| 1/16 | 2/16 | 3/16 | 4/16 | 5/16 | 6/16 | 7/16 | 8/16 | 9/16 | 10/16 | 11/16 | 12/16 |
| 59,014 | 59,583 | 60,080 | 59,690 | 59,613 | 59,181 | 58,434 | 58,526 | 59,599 | 59,766 | 59,707 | 60,069 |
| 1/17 | 2/17 | 3/17 | 4/17 | 5/17 | 6/17 | 7/17 | 8/17 | 9/17 | 10/17 | 11/17 | 12/17 |
| 59,921 | 61,064 | 61,156 | 61,317 | 61,174 | 60,705 | 59,923 | 59,559 | 60,990 | 61,062 | 61,818 | 62,121 |
| 1/18 | 2/18 | 3/18 | 4/18 | 5/18 | 6/18 | 7/18 | 8/18 | 9/18 | 10/18 | 11/18 | 12/18 |
| 62,123 | 62,908 | 63,067 | 62,561 | 62,360 | 61,349 | 61,433 | 61,593 | 62,181 | 62,929 | 63,084 | 63,642 |
| 1/19 | 2/19 | 3/19 | 4/19 | 5/19 | 6/19 | 7/19 | 8/19 | 9/19 | 10/19 | 11/19 | 12/19 |
| 63,818 | 64,281 | 64,299 | 63,560 | 63,594 | 63,418 | 63,394 | 63,679 | 64,343 | 64,997 | 65,548 | 65,682 |
| 1/20 | 2/20 | 3/20 | 4/20 | 5/20 | 6/20 | 7/20 | 8/20 | 9/20 | 10/20 | 11/20 | 12/20 |
| 65,533 | 66,091 | 65,881 | 61,152 | 62,330 | 63,290 | 62,451 | 63,095 | 62,759 | 63,277 | 63,387 | 64,007 |
| 1/21 | 2/21 | 3/21 | 4/21 | 5/21 | 6/21 | 7/21 | 8/21 | 9/21 | 10/21 | 11/21 | 12/21 |
| 63,886 | 64,471 | 64,503 | 64,264 | 64,268 | 64,316 | 64,179 | 64,122 | 65,163 | 65,335 | 66,060 | 66,366 |
| 1/22 | 2/22 | 3/22 | 4/22 | 5/22 | 6/22 | 7/22 | 8/22 | 9/22 | 10/22 | 11/22 | 12/22 |
| 66,740 | 67,754 | 67,823 | 67,319 | 67,652 | 67,224 | 67,874 | 68,377 | 69,056 | 68,918 | 69.156 | 69,297 |
| 1/23 | 2/23 | 3/23 | 4/23 | 5/23 | 6/23 | 7/23 | 8/23 | 9/23 | 10/23 | 11/23 | 12/23 |
| 69,249 | 69,986 | 70,651 | 70,403 | 70,388 | 69,956 | 69,662 | 69,280 | 70,417 | 71,387 | 71,350 | 70,572 |
| 1/24 | 2/24 | 3/24 | 4/24 | 5/24 | 6/24 | 7/24 | 8/24 | 9/24 | 10/24 | 11/24 | 12/24 |
| 70,650 | 70,217 | 70,786 | 70,548 | 70.897 | 71,002 | 70,167 | 69,892 |
And unemployed… (,000)
| 1/08 | 2/08 | 3/08 | 4/08 | 5/08 | 6/08 | 7/08 | 8/08 | 9/08 | 10/08 | 11/08 | 12/08 |
| 1,164 | 1,159 | 1,121 | 1,088 | 1,407 | 1,478 | 1,585 | 1,779 | 1,539 | 1,647 | 1,786 | 1,802 |
| 1/09 | 2/09 | 3/09 | 4/09 | 5/09 | 6/09 | 7/09 | 8/09 | 9/09 | 10/09 | 11/09 | 12/09 |
| 2,238 | 2,137 | 2,292 | 2,164 | 2,373 | 2,720 | 3,034 | 2,925 | 2,859 | 2,593 | 2,530 | 2,509 |
| 1/10 | 2/10 | 3/10 | 4/10 | 5/10 | 6/10 | 7/10 | 8/10 | 9/10 | 10/10 | 11/10 | 12/10 |
| 2,762 | 2,637 | 2,600 | 2,464 | 2,450 | 2,644 | 2,687 | 2,762 | 2,381 | 2,417 | 2,525 | 2,468 |
| 1/11 | 2/11 | 3/11 | 4/11 | 5/11 | 6/11 | 7/11 | 8/11 | 9/11 | 10/11 | 11/11 | 12/11 |
| 2,557 | 2,435 | 2,381 | 2,196 | 2,419 | 2,598 | 2,742 | 2,671 | 2,450 | 2,410 | 2,336 | 2,303 |
| 1/12 | 2/12 | 3/12 | 4/12 | 5/12 | 6/12 | 7/12 | 8/12 | 9/12 | 10/12 | 11/12 | 12/12 |
| 2,410 | 2,336 | 2,330 | 2,062 | 2,275 | 2,472 | 2,666 | 2,556 | 2,245 | 2,170 | 2,077 | 2,221 |
| 1/13 | 2/13 | 3/13 | 4/13 | 5/13 | 6/13 | 7/13 | 8/13 | 9/13 | 10/13 | 11/13 | 12/13 |
| 2,211 | 2,164 | 2,020 | 1,980 | 1,990 | 2,358 | 2,286 | 2,130 | 1,978 | 1,930 | 1,749 | 1,637 |
| 1/14 | 2/14 | 3/14 | 4/14 | 5/14 | 6/14 | 7/14 | 8/14 | 9/14 | 10/14 | 11/14 | 12/14 |
| 1,784 | 1,845 | 1,890 | 1,642 | 1,795 | 2,001 | 2,011 | 1,930 | 1,617 | 1,582 | 1,656 | 1,568 |
| 1/15 | 2/15 | 3/15 | 4/15 | 5/15 | 6/15 | 7/15 | 8/15 | 9/15 | 10/15 | 11/15 | 12/15 |
| 1,741 | 1,601 | 1,398 | 1,435 | 1,460 | 1,714 | 1,807 | 1,686 | 1,414 | 1,312 | 1,276 | 1,208 |
| 1/16 | 2/16 | 3/16 | 4/16 | 5/16 | 6/16 | 7/16 | 8/16 | 9/16 | 10/16 | 11/16 | 12/16 |
| 1,404 | 1,456 | 1,477 | 1,251 | 1,305 | 1,712 | 1,782 | 1,869 | 1,652 | 1,506 | 1,382 | 1,361 |
| 1/17 | 2/17 | 3/17 | 4/17 | 5/17 | 6/17 | 7/17 | 8/17 | 9/17 | 10/17 | 11/17 | 12/17 |
| 1,425 | 1,313 | 1,265 | 1,254 | 1,208 | 1,440 | 1,656 | 1,731 | 1,463 | 1,285 | 1,266 | 1,290 |
| 1/18 | 2/18 | 3/18 | 4/18 | 5/18 | 6/18 | 7/18 | 8/18 | 9/18 | 10/18 | 11/18 | 12/18 |
| 1,374 | 1,301 | 1,310 | 1,134 | 1,083 | 1,575 | 1,539 | 1,591 | 1,299 | 1,246 | 1,330 | 1,368 |
| 1/19 | 2/19 | 3/19 | 4/19 | 5/19 | 6/19 | 7/19 | 8/19 | 9/19 | 10/19 | 11/19 | 12/19 |
| 1,607 | 1,317 | 1,289 | 1,040 | 1,086 | 1,540 | 1,591 | 1,476 | 1,235 | 1,161 | 1,208 | 1,171 |
| 1/20 | 2/20 | 3/20 | 4/20 | 5/20 | 6/20 | 7/20 | 8/20 | 9/20 | 10/20 | 11/20 | 12/20 |
| 1,454 | 1,207 | 1,663 | 5,079 | 4,432 | 4,390 | 4,400 | 3,680 | 2,946 | 2,448 | 2,415 | 2,235 |
| 1/21 | 2/21 | 3/21 | 4/21 | 5/21 | 6/21 | 7/21 | 8/21 | 9/21 | 10/21 | 11/21 | 12/21 |
| 2,433 | 2,158 | 2,063 | 2,014 | 1,879 | 2,303 | 2,203 | 2,123 | 1,580 | 1,453 | 1,308 | 1,146 |
| 1/22 | 2/22 | 3/22 | 4/22 | 5/22 | 6/22 | 7/22 | 8/22 | 9/22 | 10/22 | 11/22 | 12/22 |
| 1,583 | 1,490 | 1,053 | 1,088 | 1,098 | 1,520 | 1,650 | 1,647 | 1,291 | 1,398 | 1,247 | 1,198 |
| 1/23 | 2/23 | 3/23 | 4/23 | 5/23 | 6/23 | 7/23 | 8/23 | 9/23 | 10/23 | 11/23 | 12/23 |
| 1,460 | 1,406 | 1,368 | 1,153 | 1,281 | 1,609 | 1,701 | 1,712 | 1,466 | 1,415 | 1,301 | 1,314 |
| 1/24 | 2/24 | 3/24 | 4/24 | 5/24 | 6/24 | 7/24 | 8/24 | 9/24 | 10/24 | 11/24 | 12/24 |
| 1,527 | 1,580 | 1,580 | 1,399 | 1,423 | 1,887 | 2,095 | 2,056 |
For a total Management, Professional & Related workforce of…(,000)
| 1/08 | 2/08 | 3/08 | 4/08 | 5/08 | 6/08 | 7/08 | 8/08 | 9/08 | 10/08 | 11/08 | 12/08 |
| 53,329 | 53,657 | 53,802 | 53,907 | 53,951 | 54,213 | 54,240 | 54,405 | 54,643 | 55,132 | 55,060 | 54,350 |
| 1/09 | 2/09 | 3/09 | 4/09 | 5/09 | 6/09 | 7/09 | 8/09 | 9/09 | 10/09 | 11/09 | 12/09 |
| 54,596 | 54,333 | 54,637 | 54,761 | 54,629 | 54,496 | 54,844 | 54,649 | 55,045 | 55,574 | 54,793 | 54,640 |
| 1/10 | 2/10 | 3/10 | 4/10 | 5/10 | 6/10 | 7/10 | 8/10 | 9/10 | 10/10 | 11/10 | 12/10 |
| 54,921 | 54,961 | 54,763 | 54,819 | 54,289 | 54,058 | 53,661 | 53,641 | 54,138 | 54,235 | 54,788 | 54,172 |
| 1/11 | 2/11 | 3/11 | 4/11 | 5/11 | 6/11 | 7/11 | 8/11 | 9/11 | 10/11 | 11/11 | 12/11 |
| 54,423 | 54,992 | 55,624 | 55,412 | 55,197 | 54,718 | 54,404 | 54,668 | 55,115 | 55,274 | 55,123 | 55,111 |
| 1/12 | 2/12 | 3/12 | 4/12 | 5/12 | 6/12 | 7/12 | 8/12 | 9/12 | 10/12 | 11/12 | 12/12 |
| 55,562 | 55,544 | 56,101 | 56,117 | 56,431 | 56,318 | 55,831 | 56,252 | 56,900 | 57,393 | 57,028 | 56,856 |
| 1/13 | 2/13 | 3/13 | 4/13 | 5/13 | 6/13 | 7/13 | 8/13 | 9/13 | 10/13 | 11/13 | 12/13 |
| 56,425 | 56,727 | 56,741 | 56,747 | 56,730 | 56,681 | 56,350 | 56,645 | 56,991 | 57,085 | 57,332 | 56,517 |
| 1/14 | 2/14 | 3/14 | 4/14 | 5/14 | 6/14 | 7/14 | 8/14 | 9/14 | 10/14 | 11/14 | 12/14 |
| 56,880 | 57,346 | 57,926 | 57,538 | 57,997 | 57,715 | 57,392 | 57,576 | 57,982 | 58,341 | 58,766 | 58,456 |
| 1/15 | 2/15 | 3/15 | 4/15 | 5/15 | 6/15 | 7/15 | 8/15 | 9/15 | 10/15 | 11/15 | 12/15 |
| 59,108 | 59,197 | 59,203 | 59,388 | 59,615 | 59,424 | 59,199 | 58,974 | 59,519 | 59,768 | 59,943 | 60,238 |
| 1/16 | 2/16 | 3/16 | 4/16 | 5/16 | 6/16 | 7/16 | 8/16 | 9/16 | 10/16 | 11/16 | 12/16 |
| 60,418 | 61,039 | 61,557 | 60,941 | 60,918 | 60,893 | 60,216 | 60,395 | 61,251 | 61,272 | 61,089 | 61,430 |
| 1/17 | 2/17 | 3/17 | 4/17 | 5/17 | 6/17 | 7/17 | 8/17 | 9/17 | 10/17 | 11/17 | 12/17 |
| 61,346 | 62,377 | 62,421 | 62,571 | 62,382 | 62,145 | 61,579 | 61,290 | 62,453 | 62,347 | 63,084 | 63,411 |
| 1/18 | 2/18 | 3/18 | 4/18 | 5/18 | 6/18 | 7/18 | 8/18 | 9/18 | 10/18 | 11/18 | 12/18 |
| 63,497 | 64,209 | 64,377 | 63,695 | 63,443 | 62,924 | 62,972 | 63,184 | 63,480 | 64,175 | 64,414 | 65,010 |
| 1/19 | 2/19 | 3/19 | 4/19 | 5/19 | 6/19 | 7/19 | 8/19 | 9/19 | 10/19 | 11/19 | 12/19 |
| 65,425 | 65,598 | 65,588 | 64,600 | 64,680 | 64,958 | 64,985 | 65,155 | 65,578 | 66,158 | 66,756 | 66,853 |
| 1/20 | 2/20 | 3/20 | 4/20 | 5/20 | 6/20 | 7/20 | 8/20 | 9/20 | 10/20 | 11/20 | 12/20 |
| 66,987 | 67,298 | 67,544 | 66,231 | 66,762 | 67,680 | 66,851 | 66,775 | 65,705 | 65,675 | 65,802 | 66,242 |
| 1/21 | 2/21 | 3/21 | 4/21 | 5/21 | 6/21 | 7/21 | 8/21 | 9/21 | 10/21 | 11/21 | 12/21 |
| 66,319 | 66,629 | 66,566 | 66,278 | 66,147 | 66,619 | 66,382 | 66,245 | 66,743 | 66,788 | 67,368 | 67,512 |
| 1/22 | 2/22 | 3/22 | 4/22 | 5/22 | 6/22 | 7/22 | 8/22 | 9/22 | 10/22 | 11/22 | 12/22 |
| 68,323 | 69,244 | 68,876 | 68,407 | 68,750 | 68,744 | 69,524 | 70,024 | 70,347 | 70,316 | 70.403 | 70,495 |
| 1/23 | 2/23 | 3/23 | 4/23 | 5/23 | 6/23 | 7/23 | 8/23 | 9/23 | 10/23 | 11/23 | 12/23 |
| 70,709 | 71,392 | 72,019 | 71,556 | 71,669 | 71,565 | 71,363 | 70,992 | 71,883 | 72,802 | 72,651 | 71,886 |
| 1/24 | 2/24 | 3/24 | 4/24 | 5/24 | 6/24 | 7/24 | 8/24 | 9/24 | 10/24 | 11/24 | 12/24 |
| 72,177 | 71,797 | 72,366 | 71,947 | 72,320 | 72,889 | 72,262 | 71,948 |
Management, Business and Financial Operations – Unemployment Rate
| 1/08 | 2/08 | 3/08 | 4/08 | 5/08 | 6/08 | 7/08 | 8/08 | 9/08 | 10/08 | 11/08 | 12/08 |
| 2.3% | 2.3% | 2.2% | 2.1% | 2.7% | 2.5% | 2.6% | 2.8% | 2.8% | 3.0% | 3.6% | 3.9% |
| 1/09 | 2/09 | 3/09 | 4/09 | 5/09 | 6/09 | 7/09 | 8/09 | 9/09 | 10/09 | 11/09 | 12/09 |
| 4.6% | 4.5% | 4.5% | 4.4% | 4.6% | 4.8% | 4.9% | 5.0% | 5.2% | 5.4% | 5.4% | 5.2% |
| 1/10 | 2/10 | 3/10 | 4/10 | 5/10 | 6/10 | 7/10 | 8/10 | 9/10 | 10/10 | 11/10 | 12/10 |
| 5.2% | 5.1% | 5.4% | 5.1% | 4.9% | 4.8% | 4.7% | 4.9% | 4.3% | 5.0% | 5.5% | 5.7% |
| 1/11 | 2/11 | 3/11 | 4/11 | 5/11 | 6/11 | 7/11 | 8/11 | 9/11 | 10/11 | 11/11 | 12/11 |
| 5.3% | 4.9% | 4.8% | 4.6% | 4.9% | 4.6% | 4.6% | 4.6% | 4.6% | 4.7% | 4.6% | 4.4% |
| 1/12 | 2/12 | 3/12 | 4/12 | 5/12 | 6/12 | 7/12 | 8/12 | 9/12 | 10/12 | 11/12 | 12/12 |
| 4.5% | 4.4% | 4.4% | 4.0% | 4.1% | 3.8% | 3.8% | 3.7% | 3.5% | 3.6% | 3.8% | 4.1% |
| 1/13 | 2/13 | 3/13 | 4/13 | 5/13 | 6/13 | 7/13 | 8/13 | 9/13 | 10/13 | 11/13 | 12/13 |
| 4.0% | 3.9% | 3.5% | 3.5% | 3.8% | 3.5% | 3.1% | 3.4% | 3.3% | 3.7% | 3.2% | 3.1% |
| 1/14 | 2/14 | 3/14 | 4/14 | 5/14 | 6/14 | 7/14 | 8/14 | 9/14 | 10/14 | 11/14 | 12/14 |
| 3.4% | 3.6% | 3.5% | 3.2% | 3.3% | 2.8% | 2.7% | 2.6% | 2.4% | 2.7% | 2.7% | 2.5% |
| 1/15 | 2/15 | 3/15 | 4/15 | 5/15 | 6/15 | 7/15 | 8/15 | 9/15 | 10/15 | 11/15 | 12/15 |
| 3.0% | 2.8% | 2.6% | 2.6% | 2.9% | 2.4% | 2.3% | 2.2% | 2.4% | 2.2% | 2.1% | 1.9% |
| 1/16 | 2/16 | 3/16 | 4/16 | 5/16 | 6/16 | 7/16 | 8/16 | 9/16 | 10/16 | 11/16 | 12/16 |
| 2.3% | 2.6% | 2.5% | 2.4% | 2.4% | 2.5% | 2.4% | 2.5% | 2.8% | 2.5% | 2.3% | 2.4% |
| 1/17 | 2/17 | 3/17 | 4/17 | 5/17 | 6/17 | 7/17 | 8/17 | 9/17 | 10/17 | 11/17 | 12/17 |
| 2.5% | 2.4% | 2.4% | 2.2% | 1.8% | 1.9% | 1.9% | 2.4% | 2.5% | 1.9% | 1.9% | 2.0% |
| 1/18 | 2/18 | 3/18 | 4/18 | 5/18 | 6/18 | 7/18 | 8/18 | 9/18 | 10/18 | 11/18 | 12/18 |
| 2.0% | 2.0% | 2.0% | 1.8% | 1.7% | 2.1% | 1.9% | 2.0% | 2.1% | 2.0% | 2.1% | 2.2% |
| 1/19 | 2/19 | 3/19 | 4/19 | 5/19 | 6/19 | 7/19 | 8/19 | 9/19 | 10/19 | 11/19 | 12/19 |
| 2.5% | 2.1% | 2.0% | 1.4% | 1.5% | 1.9% | 1.8% | 1.9% | 1.6% | 1.7% | 1.6% | 1.9% |
| 1/20 | 2/20 | 3/20 | 4/20 | 5/20 | 6/20 | 7/20 | 8/20 | 9/20 | 10/20 | 11/20 | 12/20 |
| 2.3% | 1.8% | 2.2% | 6.2% | 5.1% | 4.8% | 5.1% | 4.7% | 4.8% | 4.3% | 3.9% | 3.6% |
| 1/21 | 2/21 | 3/21 | 4/21 | 5/21 | 6/21 | 7/21 | 8/21 | 9/21 | 10/21 | 11/21 | 12/21 |
| 3.8% | 3.5% | 3.4% | 3.1% | 2.9% | 3.0% | 2.6% | 2.9% | 2.3% | 2.3% | 2.2% | 1.8% |
| 1/22 | 2/22 | 3/22 | 4/22 | 5/22 | 6/22 | 7/22 | 8/22 | 9/22 | 10/22 | 11/22 | 12/22 |
| 2.1% | 2.1% | 1.5% | 1.6% | 1.4% | 1.6% | 1.5% | 1.7% | 1.8% | 2.1% | 1.9% | 1.8% |
| 1/23 | 2/23 | 3/23 | 4/23 | 5/23 | 6/23 | 7/23 | 8/23 | 9/23 | 10/23 | 11/23 | 12/23 |
| 2.0% | 2.1% | 2.1% | 1.8% | 2.0% | 1.9% | 1.9% | 2.1% | 2.1% | 1.8% | 1.7% | 2.0% |
| 1/24 | 2/24 | 3/24 | 4/24 | 5/24 | 6/24 | 7/24 | 8/24 | 9/24 | 10/24 | 11/24 | 12/24 |
| 2.1% | 2.4% | 2.3% | 2.4% | 2.0% | 2.2% | 2.3% | 2.4% |
Professional & Related – Unemployment Rate
| 1/08 | 2/08 | 3/08 | 4/08 | 5/08 | 6/08 | 7/08 | 8/08 | 9/08 | 10/08 | 11/08 | 12/08 |
| 2.1% | 2.1% | 2.0% | 2.0% | 2.5% | 2.9% | 3.2% | 3.6% | 2.8% | 3.0% | 3.0% | 2.9% |
| 1/10 | 2/10 | 3/10 | 4/10 | 5/10 | 6/10 | 7/10 | 8/10 | 9/10 | 10/10 | 11/10 | 12/10 |
| 4.9% | 4.6% | 4.3% | 4.1% | 4.3% | 5.0% | 5.2% | 5.3% | 4.4% | 4.1% | 4.1% | 3.8% |
| 1/11 | 2/11 | 3/11 | 4/11 | 5/11 | 6/11 | 7/11 | 8/11 | 9/11 | 10/11 | 11/11 | 12/11 |
| 4.3% | 4.1% | 3.9% | 3.5% | 4.0% | 4.9% | 5.3% | 5.1% | 4.4% | 4.1% | 4.0% | 4.0% |
| 1/12 | 2/12 | 3/12 | 4/12 | 5/12 | 6/12 | 7/12 | 8/12 | 9/12 | 10/12 | 11/12 | 12/12 |
| 4.2% | 4.1% | 4.0% | 3.5% | 4.0% | 4.8% | 5.5% | 5.2% | 4.3% | 3.9% | 3.5% | 3.8% |
| 1/13 | 2/13 | 3/13 | 4/13 | 5/13 | 6/13 | 7/13 | 8/13 | 9/13 | 10/13 | 11/13 | 12/13 |
| 3.8% | 3.8% | 3.6% | 3.4% | 3.3% | 4.6% | 4.7% | 4.0% | 3.6% | 3.1% | 2.9% | 2.7% |
| 1/14 | 2/14 | 3/14 | 4/14 | 5/14 | 6/14 | 7/14 | 8/14 | 9/14 | 10/14 | 11/14 | 12/14 |
| 2.9% | 3.0% | 3.1% | 2.6% | 2.9% | 4.0% | 4.1% | 3.9% | 3.1% | 2.7% | 2.9% | 2.8% |
| 1/15 | 2/15 | 3/15 | 4/15 | 5/15 | 6/15 | 7/15 | 8/15 | 9/15 | 10/15 | 11/15 | 12/15 |
| 2.9% | 2.7% | 2.2% | 2.3% | 2.1% | 3.2% | 3.6% | 3.3% | 2.4% | 2.2% | 2.2% | 2.1% |
| 1/16 | 2/16 | 3/16 | 4/16 | 5/16 | 6/16 | 7/16 | 8/16 | 9/16 | 10/16 | 11/16 | 12/16 |
| 2.4% | 2.2% | 2.3% | 1.8% | 2.0% | 3.1% | 3.4% | 3.5% | 2.6% | 2.4% | 2.2% | 2.1% |
| 1/17 | 2/17 | 3/17 | 4/17 | 5/17 | 6/17 | 7/17 | 8/17 | 9/17 | 10/17 | 11/17 | 12/17 |
| 2.2% | 1.9% | 1.8% | 1.8% | 2.0% | 2.6% | 3.3% | 3.1% | 2.3% | 2.2% | 2.0% | 2.1% |
| 1/18 | 2/18 | 3/18 | 4/18 | 5/18 | 6/18 | 7/18 | 8/18 | 9/18 | 10/18 | 11/18 | 12/18 |
| 2.3% | 2.0% | 2.1% | 1.8% | 1.7% | 2.8% | 2.8% | 2.9% | 2.0% | 1.9% | 2.1% | 2.1% |
| 1/19 | 2/19 | 3/19 | 4/19 | 5/19 | 6/19 | 7/19 | 8/19 | 9/19 | 10/19 | 11/19 | 12/19 |
| 2.4% | 2.0% | 1.9% | 1.8% | 1.8% | 2.7% | 2.9% | 2.6% | 2.1% | 1.8% | 1.9% | 1.7% |
| 1/20 | 2/20 | 3/20 | 4/20 | 5/20 | 6/20 | 7/20 | 8/20 | 9/20 | 10/20 | 11/20 | 12/20 |
| 2.1% | 1.8% | 2.6% | 8.8% | 7.7% | 7.7% | 7.6% | 6.1% | 4.3% | 3.3% | 3.5% | 3.2% |
| 1/21 | 2/21 | 3/21 | 4/21 | 5/21 | 6/21 | 7/21 | 8/21 | 9/21 | 10/21 | 11/21 | 12/21 |
| 3.5% | 3.1% | 2.9% | 3.0% | 2.8% | 3.8% | 3.9% | 3.4% | 2.4% | 2.1% | 1.8% | 1.6% |
| 1/22 | 2/22 | 3/22 | 4/22 | 5/22 | 6/22 | 7/22 | 8/22 | 9/22 | 10/22 | 11/22 | 12/22 |
| 2.5% | 2.2% | 1.6% | 1.6% | 1.7% | 2.6% | 3.0% | 2.8% | 1.9% | 1.9% | 1.7% | 1.6% |
| 1/23 | 2/23 | 3/23 | 4/23 | 5/23 | 6/23 | 7/23 | 8/23 | 9/23 | 10/23 | 11/23 | 12/23 |
| 2.1% | 1.9% | 1.8% | 1.4% | 1.7% | 2.5% | 2.8% | 2.7% | 2.0% | 2.1% | 1.9% | 1.7% |
| 1/24 | 2/24 | 3/24 | 4/24 | 5/24 | 6/24 | 7/24 | 8/24 | 9/24 | 10/24 | 11/24 | 12/24 |
| 2.1% | 2.1% | 2.1% | 1.6% | 1.9% | 2.9% | 3.3% | 3.2% |
Sales & Related – Unemployment Rate
| 1/08 | 2/08 | 3/08 | 4/08 | 5/08 | 6/08 | 7/08 | 8/08 | 9/08 | 10/08 | 11/08 | 12/08 |
| 5.2% | 5.2% | 4.8% | 4.3% | 5.1% | 5.6% | 6.2% | 6.3% | 5.7% | 6.1% | 6.5% | 7.0% |
| 1/09 | 2/09 | 3/09 | 4/09 | 5/09 | 6/09 | 7/09 | 8/09 | 9/09 | 10/09 | 11/09 | 12/09 |
| 7.7% | 8.4% | 8.9% | 8.6% | 8.9% | 9.1% | 8.3% | 8.7% | 8.9% | 9.5% | 9.1% | 8.9% |
| 1/10 | 2/10 | 3/10 | 4/10 | 5/10 | 6/10 | 7/10 | 8/10 | 9/10 | 10/10 | 11/10 | 12/10 |
| 10.1% | 10.2% | 9.7% | 9.2% | 9.6% | 9.4% | 10.1% | 9.0% | 9.4% | 9.1% | 8.8% | 8.3% |
| 1/11 | 2/11 | 3/11 | 4/11 | 5/11 | 6/11 | 7/11 | 8/11 | 9/11 | 10/11 | 11/11 | 12/11 |
| 9.3% | 9.0% | 8.5% | 8.5% | 9.4% | 9.7% | 9.4% | 8.6% | 9.4% | 8.2% | 7.8% | 7.7% |
| 1/12 | 2/12 | 3/12 | 4/12 | 5/12 | 6/12 | 7/12 | 8/12 | 9/12 | 10/12 | 11/12 | 12/12 |
| 8.2% | 7.9% | 8.1% | 7.6% | 7.9% | 8.4% | 8.3% | 8.6% | 7.9% | 7.0% | 7.3% | 7.0% |
| 1/13 | 2/13 | 3/13 | 4/13 | 5/13 | 6/13 | 7/13 | 8/13 | 9/13 | 10/13 | 11/13 | 12/13 |
| 8.5% | 8.2% | 7.7% | 6.9% | 7.1% | 6.7% | 6.9% | 7.2% | 7.5% | 7.3% | 7.0% | 6.3% |
| 1/14 | 2/14 | 3/14 | 4/14 | 5/14 | 6/14 | 7/14 | 8/14 | 9/14 | 10/14 | 11/14 | 12/14 |
| 7.1% | 7.7% | 6.8% | 5.8% | 6.8% | 6.1% | 6.2% | 5.6% | 5.4% | 5.2% | 5.3% | 5.0% |
| 1/15 | 2/15 | 3/15 | 4/15 | 5/15 | 6/15 | 7/15 | 8/15 | 9/15 | 10/15 | 11/15 | 12/15 |
| 5.8% | 5.2% | 5.8% | 5.5% | 5.8% | 5.6% | 5.8% | 5.4% | 5.6% | 5.3% | 5.1% | 4.3% |
| 1/16 | 2/16 | 3/16 | 4/16 | 5/16 | 6/16 | 7/16 | 8/16 | 9/16 | 10/16 | 11/16 | 12/16 |
| 5.0% | 4.4% | 4.4% | 5.2% | 5.1% | 4.9% | 4.9% | 4.8% | 5.2% | 4.4% | 4.6% | 4.6% |
| 1/17 | 2/17 | 3/17 | 4/17 | 5/17 | 6/17 | 7/17 | 8/17 | 9/17 | 10/17 | 11/17 | 12/17 |
| 5.2% | 4.3% | 3.9% | 4.2% | 4.5% | 4.8% | 4.2% | 4.2% | 3.7% | 4.0% | 4.1% | 3.8% |
| 1/18 | 2/18 | 3/18 | 4/18 | 5/18 | 6/18 | 7/18 | 8/18 | 9/18 | 10/18 | 11/18 | 12/18 |
| 4.6% | 4.5% | 4.5% | 4.1% | 4.2% | 4.4% | 4.0% | 3.5% | 4.0% | 3.6% | 3.7% | 3.6% |
Bob Marshall’s August 2024 BLS Analysis for Recruiters; 9/6/24
August BLS Preface
TBMG Product & Training Updates:
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Here’s a book review from a CA tech sales big biller…
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Topics include: Messaging Formulas (p.201), The Questioning Technique (p.126), FAB Marketing (p.143), and more. You’ll need more than one copy – one for your desk and one for your team.”
Discover the strategies that transformed a recruiter’s career and can propel your business to the next level. In The Phone Rang: The Essential Playbook for Business Success, growth expert Bob Marshall reveals the success principles that translate seamlessly across industries, empowering you to achieve exponential growth.
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BLS Analysis for Recruiters
August Business Article
AI adoption in recruitment soars, report says
SIA, August 21, 2024
AI adoption in recruitment has skyrocketed, according to employment platform iHire’s 2024 State of Online Recruiting Report released Aug. 20. The poll found that 14.7% of employers now use AI in recruitment, up from 4.9% in 2023.
Job seekers have also turned to AI, with 17.3% reported using AI tools in 2023 to write their résumés or cover letters, up from 2.8% in 2023.
The report by iHire also looked at several other online recruiting trends:
Unqualified candidates
A majority of employers, 63.3%, cited an influx of unqualified applicants as a top hiring challenge, while 51% cited unresponsive applicants as their biggest issue.
External factors
Job seekers are more concerned about external factors than employers, with 45.3% fearing that economic uncertainty will impact their job search or career growth in the coming year compared to 34.0% of employers who believe the economy will affect their hiring ability.
Political discourse.
The study found that 17.1% of job seekers and 8.7% of employers are worried about the impact of political discourse in the workplace due to the US election.
Job board use.
A majority of companies, 68.1% reported using job boards for “all” or “most” of their hiring, with 34.3% expecting usage to increase in 2025. Likewise, 67.0% of job seekers applied for a job through a job board in the past year. Additionally, 69.7% of job seekers always visit a hiring company’s website before applying for a role found on a job board.
Ghosting.
More than half of candidates, 54.7%, identified not hearing back from employers/being ghosted as a top job search challenge, and 45.0% believe this will hinder their ability to find work in the coming year.
The survey includes responses from 1,637 job seekers and 586 employers in the US across 57 industries. It took place in June.
Half of US Firms to add Perm Positions in Second Half of 2024
SIA, August 21, 2024
Hiring will remain steady in the second half of 2024, according to a study released July 30 by Robert Half.
Its survey of hiring managers found that 52% of US companies plan to add new permanent positions in the second half of 2024, down from 57% in a similar survey for the first half of the year.
43% anticipate hiring for vacated positions in the second half of 2024, and 57% plan to increase their use of contract professionals, a decrease of 10% from the first half of 2024.
Survey participants identified company growth as the top factor influencing hiring decisions, cited by 57% of managers, followed by employee turnover at 47% and project-based work requiring skilled talent at 42%.
However, 86% of employers reported hiring challenges. Their top areas of concern include:
- Lack of applicants with the required skills, 48%
- Hiring quickly enough to land the best talent, 48%
- Meeting candidates’ salary expectations, 48%
To address these challenges, 62% of managers indicated a willingness to compromise on years of experience if candidates possessed the necessary skills required for the role. The survey also found that 58% of hiring managers are seeking to fill tech positions in the second half of 2024, followed by HR, cited by 56%; legal, 50%; administrative and customer support, 49%; marketing and creative, 48%; and finance and accounting, 45%.
“Today’s workers are more selective when it comes to making a career move,” Dawn Fay, operational president of Robert Half, said in a press release. “Employers should have a strategic hiring plan in place and remain flexible in order to land in-demand talent and keep projects on track and workloads in check.”
To attract talent, 41% of hiring managers are offering hybrid work options, 41% are allowing teams to work outside of typical business hours and 38% are offering higher starting salaries.
The State of US Hiring survey includes responses from more than 2,500 managers with hiring responsibilities in finance and accounting, technology, marketing and creative, legal, administrative and customer support, and human resources at companies with 20 or more employees. It was conducted in June.
ADP National Employment Report: Private Sector Employment Increased by 99,000 Jobs in August; Over 58% of the New Job Creation (59,000) came from Small & Medium Establishments; Annual Pay was Up 4.8%
ROSELAND, N.J. – September 5, 2024
Private sector employment increased by 99,000 jobs in August and annual pay was up 4.8% year-over-year, according to the August ADP® National Employment Report TM produced by ADP Research in collaboration with the Stanford Digital Economy Lab (“Stanford Lab”).
The ADP National Employment Report is an independent measure and high-frequency view of the private-sector labor market based on actual, anonymized payroll data of more than 25,000,000 U.S. employees.
The jobs report and pay insights use ADP’s fine-grained anonymized and aggregated payroll data to provide a representative picture of the private-sector labor market.
The report details the current month’s total private employment change, and weekly job data from the previous month. Because the underlying ADP payroll databases are continuously updated, the report provides a high frequency, near real-time measure of U.S. employment. This measure reflects the number of employees on ADP client payrolls (Payroll Employment) to provide a richer understanding of the labor market. ADP’s pay measure uniquely captures the earnings of a cohort of almost 10,000,000 employees over a 12-month period.
* Sum of components may not equal total due to rounding. The July total of jobs added was revised from 122,000 to 111,000. ADP conducted a ‘re-benchmarking’ of its employment data in August based on full-year 2023 results from the Quarterly Census of Employment and Wages (QCEW). This resulted in a decline of 9,000 jobs in the August ADP National Employment Report. ADP’s full-year benchmarking will take place in February 2025 with the publication of the January 2025 report.
“The job market’s downward drift brought us to slower-than-normal hiring after two years of outsized growth,” said Nela Richardson, chief economist, ADP. “The next indicator to watch is wage growth, which is stabilizing after a dramatic post-pandemic slowdown.”
JOBS REPORT
Private employers added 99,000 jobs in August. The labor market continued to cool in August. Job creation among private employers slowed for the 5th straight month and wage growth was stable.
Change in U.S. Private Employment: 99,000
Change by Industry Sector
Goods-producing: 27,000
Natural resources/mining 8,000
Construction 27,000
Manufacturing <-8,000>
Service-providing: 72,000
Trade/transportation/utilities 14,000
Information <-4,000>
Financial activities 18,000
Professional/business services <-16,000>
Education/health services 29,000
Leisure/hospitality 11,000
Other services 20,000
Change by U.S. Regions
Northeast: 24,000
New England <-6,000>
Middle Atlantic 30,000
Midwest: 7,000
East North Central 0
West North Central 7,000
South: 55,000
South Atlantic 4,000
East South Central 3,000
West South Central 48,000
West: 20,000
Mountain 8,000
Pacific 12,000
Change by Establishment Size
Small establishments: <-9,000>
1-19 employees 3,000
20-49 employees <-12,000>
Medium establishments: 68,000
50-249 employees 32,000
250-499 employees 36,000
Large establishments: 42,000
500+ employees 42,000
PAY INSIGHTS
Pay gains were unchanged in August
Year-over-year pay gains were flat in August, remaining at 4.8% for job-stayers and 7.3% for job-changers.
Median Change in Annual Pay (ADP matched person sample)
Job-Stayers 4.8%
Job-Changers 7.3%
Median Change in Annual Pay for Job-Stayers by Industry Sector
Goods-producing:
Natural resources/mining 3.9%
Construction 5.2%
Manufacturing 4.7%
Service-providing:
Trade/transportation/utilities 4.5%
Information 4.5%
Financial activities 5.0%
Professional/business services 4.7%
Education/health services 5.1%
Leisure/hospitality 4.9%
Other services 4.9%
Median Change in Annual Pay for Job-Stayers by Firm Size
Small firms:
1-19 employees 4.0%
20-49 employees 4.7%
Medium firms:
50-249 employees 5.0%
250-499 employees 4.9%
Large firms:
500+ employees 4.8%
The September 2024 ADP National Employment Report will be released at 8:15 a.m. ET on October 2, 2024.
Bottom-line: To my audience of recruiters, always remember this: Our ‘bread and butter’, especially on the contingency side of the house, has historically been, and continues to be, small and medium-sized client companies. Along with the large companies, these companies need to be included in your niche!
Job Openings and Labor Turnover – July 2024
September 4, 2024
The number of job openings was little changed at 7,700,000 on the last business day of July, the U.S. Bureau of Labor Statistics reported today. Over the month, hires changed little at 5,500,000. Total separations increased to 5,400,000. Within separations, quits (3,300,000) and layoffs and discharges (1,800,000) changed little. This release includes estimates of the number and rate of job openings, hires, and separations for the total nonfarm sector, by industry, and by establishment size class.
Job Openings
On the last business day of July, the number of job openings was little changed at 7,700,000 and was down by 1,100,000 over the year. The job openings rate, at 4.6%, changed little in July. The number of job openings decreased in health care and social assistance (-187,000); state and local government, excluding education (-101,000); and transportation, warehousing, and utilities (-88,000). Job openings increased in professional and business services (+178,000) and in federal government (+28,000).
Hires
In July, the number and rate of hires changed little at 5,500,000 and 3.5%, respectively. Hires increased in accommodation and food services (+156,000) but decreased in federal government(-8,000).
Separations
Total separations include quits, layoffs and discharges, and other separations. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs. Layoffs and discharges are involuntary separations initiated by the employer. Other separations include separations due to retirement, death, disability, and transfers to other locations of the same firm.
The number of total separations in July increased to 5,400,000 (+336,000). The total separations rate was little changed at 3.4%. Total separations increased in health care and social assistance (+108,000).
In July, the number of quits was essentially unchanged at 3,300,000 but was down by 338,000 over the year. Over the month, the quits rate changed little at 2.1%. Quits increased in information (+16,000).
In July, the number and rate of layoffs and discharges changed little at 1,800,000 and 1.1%, respectively. Layoffs and discharges increased in accommodation and food services (+75,000) and in finance and insurance (+21,000).
The number of other separations increased to 381,000 (+71,000) in July.
Establishment Size Class
In July, for establishments with 1 to 9 employees, the quits rate decreased, while the layoffs and discharges rate increased. The job openings rate, hires rate, and total separations rate changed little. For establishments with 5,000 or more employees, the job openings, hires, total separations, quits, layoffs and discharges rates showed little or no change.
June 2024 Revisions
The number of job openings for June was revised down by 274,000 to 7,900,000, the number of hires was revised down by 93,000 to 5,200,000, and the number of total separations was revised down by 11,000 to 5,100,000. Within separations, the number of quits was revised down by 68,000 to 3,200,000, and the number of layoffs and discharges was revised up by 62,000 to 1,600,000. (Monthly revisions result from additional reports received from businesses and government agencies since the last published estimates and from the recalculation of seasonal factors.)
____________
The Job Openings and Labor Turnover Survey estimates for August 2024 are scheduled to be released on Tuesday, October 1, 2024, at 10:00 a.m. (ET).
As we recruiters know, that 7,700,000 number only represents 20% of the jobs currently available in the marketplace. The other 80% of job openings are unpublished and are filled through networking or word of mouth or by using a RECRUITER. So, those 7,700,000 published job openings now become a total of 38,500,000 published and hidden job orders.
Online Labor Demand Increases Slightly in July
August 9, 2024
The Conference Board−Lightcast Help Wanted OnLine® (HWOL) Index rose in July 2024 to 161.9 (July 2018=100), up from a downwardly revised 161.3 in June. The 0.3% increase between July and June follows a 0.4% decrease between June and May. Overall, the Index is down 6.8% from one year ago.
The HWOL Index measures the change in advertised online job vacancies over time, reflecting monthly trends in employment opportunities across the US. The Help Wanted OnLine® Index is produced in collaboration with Lightcast (formerly Emsi Burning Glass), the global leader in real-time labor market data and analysis. This collaboration enhances the Help Wanted OnLine® program by providing additional insights into important labor market trends.
PROGRAM NOTES
Prior to 2020, The Conference Board constructed the HWOL Index based solely on online job ads over time. Using a methodology designed to reduce non-economic volatility contributed by online job sources, the HWOL Index served an effective measure of changes in labor demand over time.
Beginning January 2020, the HWOL Index was refined as an estimate of change in job openings (based on BLS JOLTS), using a series of econometric models which incorporate job ads with other macroeconomic indicators such as employment and aggregate hours worked. By adopting a modeled approach which combines other data sources with data on online job ads, the HWOL Index more accurately tracks important movements in the labor market.
HWOL Annual Revision. With the May 2024 press release, the HWOL program has incorporated its annual revision, which helps ensure the accuracy and consistency of the HWOL Data Series. This year’s annual revision includes updates to the Occupational coding, the Industry coding, and the Geography coding for the HWOL Data Series from January 2015-forward. The HWOL Index has also been updated from January 2020-forward.
The Conference Board-Lightcast Help Wanted OnLine® (HWOL) Index measures changes over time in advertised online job vacancies, reflecting monthly trends in employment opportunities across the US. The HWOL Data Series aggregates the total number of ads available by month from the HWOL universe of online job ads. Ads in the HWOL universe are collected in real-time from over 50,000 online job domains including traditional job boards, corporate boards, social media sites, and smaller job sites that serve niche markets and smaller geographic areas.
Like The Conference Board’s long-running Help Wanted Advertising Index of print ads (which was published for over 55 years and discontinued in July 2008), Help Wanted OnLine® measures help wanted advertising—i.e. labor demand. The HWOL Data Series began in May 2005 and was revised in December 2018. With the December 2018 revision, The Conference Board released the HWOL Index, improving upon the HWOL Data Series’ ability to assess local labor market trends by reducing volatility and non-economic noise and improving correlation with local labor market conditions.
In 2019, Lightcast (formerly Emsi Burning Glass) joined the Help Wanted OnLine® program as the new sole provider of online job ad data for HWOL. With this partnership, the HWOL Data Series has been revised historically to reflect a new universe and methodology of online job advertisements and therefore cannot be used in conjunction with the pre-revised HWOL Data Series. The HWOL Data Series begins in January 2015 and the HWOL Index begins in December 2005. HWOL Index values prior to 2020 are based on job ads collected by CEB, Inc.
About The Conference Board
The Conference Board is the member-driven think tank that delivers Trusted Insights for What’s Ahead™. Founded in 1916, we are a non-partisan, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States.
About Lightcast
As the global leader in labor market analytics, Lightcast illuminates the future of work with data-driven talent strategies. Formerly Emsi Burning Glass, Lightcast finds purpose in sharing the insights that build communities, educators, and companies, and takes pride in knowing our work helps others find fulfillment, too. Headquartered in Boston, Massachusetts, and Moscow, Idaho, Lightcast is active in more than 30 countries and has offices in the United Kingdom, Italy, New Zealand, and India. Lightcast is backed by global private equity leader KKR.
The next release for August 2024 is Sunday, September 8, 2024.
U-6 Update
In August 2024, the regular unemployment rate fell to 4.2% and the broader U-6 measure rose to 7.9%.
The above 7.9% is referred to as the U-6 unemployment rate (found in the monthly BLS Employment Situation Summary, Table A-15; Table A-12 in 2008 and before). It counts not only people without work seeking full-time employment (the more familiar U-3 rate), but also counts “marginally attached workers and those working part-time for economic reasons.” Note that some of these part-time workers counted as employed by U-3 could be working as little as an hour a week. And the “marginally attached workers” include those who have gotten discouraged and stopped looking, but still want to work. The age considered for this calculation is 16 years and over.
Here is a look at the August U-6 numbers for the previous 21 years:
August 2023 6.7%
August 2022 6.8%
August 2021 9.2%
August 2020 16.5%
August 2019 6.9%
August 2018 7.5%
August 2017 8.5%
August 2016 9.7%
August 2015 10.4%
August 2014 12.2%
August 2013 13.9%
August 2012 14.9%
August 2011 16.1%
August 2010 16.5%
August 2009 16.4%
August 2008 10.4%
August 2007 8.3%
August 2006 8.5%
August 2005 8.9%
August 2004 9.5%
August 2003 10.3%
The August 2024 BLS Analysis
Total nonfarm payroll employment increased by 142,000 in August, and the unemployment rate fell to 4.2%, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in construction and health care.
The change in total nonfarm payroll employment for June was revised down by 61,000, from +179,000 to +118,000, and the change for July was revised down by 25,000, from +114,000 to +89,000. With these revisions, employment in June and July combined is 86,000 lower than previously reported. (Monthly revisions result from additional reports received from businesses and government agencies since the last published estimates and from the recalculation of seasonal factors.)
The unemployment rate is also published by the BLS. That rate is found by dividing the number of unemployed by the total civilian labor force. On September 6th, 2024, the BLS published the most recent unemployment rate for August 2024 of 4.2% (actually, it is 4.221% down .032% from 4.253% in July).
The unemployment rate was determined by dividing the unemployed of 7,115,000
(–down from the month before by 48,000—since August 2023, this number has increased by 775,000) by the total civilian labor force of 168,549,000 (up by 120,000 from July 2024). Since August 2023, our total civilian labor force has increased by 709,000 workers.
(The continuing ‘Strange BLS Math’ saga—after a detour in December 2016 when the BLS {for the first time in years} DECREASED the total Civilian Noninstitutional Population—this month the BLS increased this total to 268,856,000. This is an increase of 212,000 from last month’s increase of 206,000. In one year, this population has increased by 1,643,000. For the last several years the Civilian Noninstitutional Population has increased each month—except in December 2016, 2018, 2019, 2020 & 2023—by…)
| Up from July 2024 | by | 212,000 |
| Up from June 2024 | by | 206,000 |
| Up from May 2024 | by | 190,000 |
| Up from April 2024 | by | 182,000 |
| Up from March 2024 | by | 182,000 |
| Up from February 2024 | by | 173,000 |
| Up from January 2024 | by | 171,000 |
| Down from December 2023 | by | 451,000 |
| Up from November 2023 | by | 169,000 |
| Up from October 2023 | by | 180,000 |
| Up from September 2023 | by | 214,000 |
| Up from August 2023 | by | 215,000 |
| Up from July 2023 | by | 211,000 |
| Up from June 2023 | by | 152,000 |
| Up from May 2023 | by | 183,000 |
| Up from April 2023 | by | 175,000 |
| Up from March 2023 | by | 171,000 |
| Up from February 2023 | by | 160,000 |
| Up from January 2023 | by | 150,000 |
| Up from December 2022 | by | 1,118,000 |
| Up from November 2022 | by | 136,000 |
| Up from October 2022 | by | 173,000 |
| Up from September 2022 | by | 179,000 |
| Up from August 2022 | by | 172,000 |
| Up from July 2022 | by | 172,000 |
| Up from June 2022 | by | 177,000 |
| Up from May 2022 | by | 156,000 |
| Up from April 2022 | by | 120,000 |
| Up from March 2022 | by | 115,000 |
| Up from February 2022 | by | 120,000 |
| Up from January 2022 | by | 122,000 |
| Up from December 2021 | by | 1,066,000 |
| Up from November 2021 | by | 107,000 |
| Up from October 2021 | by | 121,000 |
| Up from September 2021 | by | 142,000 |
| Up from August 2021 | by | 155,000 |
| Up from July 2021 | by | 142,000 |
Subtract the ‘civilian labor force’ from the ‘civilian noninstitutional population’) and you get 100,306,000 ‘Not in Labor Force’—up by 91,000 from last month’s 100,215,000. In one year, this NILF population has increased by 932,000. The government tells us that most of these NILFs got discouraged and just gave up looking for a job. My monthly recurring question is: “If that is the case, how do they survive when they don’t earn any money because they don’t have a job? Are they ALL relying on the government to support them??”
This month, our Employment Participation Rate—the population 16 years and older working or seeking work—remained at 62.7%. This rate is only .3% higher than the historically low rate of 62.4% recorded in September 2015—and, before that, the rate recorded in October 1977—9 months into Jimmy Carter’s presidency—almost 40 years ago!
Final take on these numbers: Fewer people looking for work will always bring down the unemployment rate.
Anyway, back to the point I am trying to make. On the surface, these new unemployment
rates are scary, but let’s look a little deeper and consider some other numbers.
The unemployment rate includes all types of workers—construction workers, government workers, etc. We recruiters, on the other hand, mainly place management, professional and related types of workers. That unemployment rate in August was 2.9% (this rate was the same as last month’s 2.9%). Or you can look at it another way. We usually place people who have college degrees. That unemployment rate in August was 2.5% (this rate was .2% higher than last month’s 2.3%).
Now stay with me a little longer. This gets better. It’s important to understand (and none of the pundits mention this) that the unemployment rate, for many reasons, will never be 0%, no matter how good the economy is. Without boring you any more than I have already, let me add here that Milton Friedman (the renowned Nobel Prize-winning economist), is famous for the theory of the “natural rate of unemployment” (or the term he preferred, NAIRU, which is the acronym for Non-Accelerating Inflation Rate of Unemployment). Basically, this theory states that full employment presupposes an ‘unavoidable and acceptable’ unemployment rate of somewhere between 4-6% with it. Economists often settle on 5%, although the “New Normal Unemployment Rate” has been suggested to fall at 6.7%.
Nevertheless (if you will allow me to apply a ‘macro’ concept to a ‘micro’ issue), if this rate is applied to our main category of Management, Professional and Related types of potential recruits, and/or our other main category of College-Degreed potential recruits,
we are well below the 4-6% threshold for full employment…we find no unemployment! None! Zilch! A Big Goose Egg!
THE IMPORTANCE OF GDP
“The economic goal of any nation, as of any individual, is to get the greatest results with the least effort. The whole economic progress of mankind has consisted in getting more production with the same labor…Translated into national terms, this first principle means that our real objective is to maximize production. In doing this, full employment—that is, the absence of involuntary idleness—becomes a necessary by-product. But production is the end, employment merely the means. We cannot continuously have the fullest production without full employment. But we can very easily have full employment without full production.”
–Economics in One Lesson, by Henry Hazlitt, Chapter X, “The Fetish of Full Employment”
On August 29th, the real gross domestic product (GDP) increased at an annual rate of 3.0% in the second quarter of 2024, according to the “second” estimate released by the Bureau of Economic Analysis. In the first quarter of 2023, real GDP increased 1.4%.
The GDP estimate released today is based on more complete source data than was available for the “advance” estimate issued last month. In the advance estimate, the increase in real GDP was 2.8%. The update primarily reflected an upward revision to consumer spending.
The increase in real GDP primarily reflected increases in consumer spending, private inventory investment, and nonresidential fixed investment. Imports, which are a subtraction in the calculation of GDP, increased.
Compared to the first quarter, the acceleration in real GDP in the second quarter primarily reflected an upturn in private inventory investment and an acceleration in consumer spending. These movements were partly offset by a downturn in residential fixed investment.
Updates to GDP
With the second estimate, an upward revision to consumer spending was partly offset by downward revisions to nonresidential fixed investment, exports, private inventory investment, federal government spending, state and local government spending, and residential fixed investment. Imports were revised up.
Annual Update of the National Economic Accounts
BEA will release results from the 2024 annual update of the National Economic Accounts, which include the National Income and Product Accounts as well as the Industry Economic Accounts, on September 26, 2024. The update will present revised statistics for GDP, GDP by Industry, and gross domestic income.
* * *
Next release, September 26, 2024, at 8:30 a.m. EDT
Gross Domestic Product (Third Estimate)
Corporate Profits (Revised Estimate)
Gross Domestic Product by Industry
Second Quarter 2024 and Annual Update
IT IS IMPOSSIBLE FOR UNEMPLOYMENT EVER TO BE ZERO
‘Unemployment’ is an emotional ‘trigger’ word…a ‘third rail’, if you will. It conjures up negative thoughts. But it is important to realize that, while we want everyone who wants a job to have the opportunity to work, unemployment can never be zero and, in fact, can be disruptive to an economy if it gets too close to zero. Very low unemployment can actually hurt the economy by creating an upward pressure on wages which invariably leads to higher production costs and prices. This can lead to inflation. The lowest the unemployment rate has been in the US was 2.5%. That was in May and June 1953 when the economy overheated due to the Korean War. When this bubble burst, it kicked off the Recession of 1953. A healthy economy will always include some percentage of unemployment.
There are five main sources of unemployment:
1. Cyclical (or demand-deficient) unemployment – This type of unemployment fluctuates with the business cycle. It rises during a recession and falls during the subsequent recovery. Workers who are most affected by this type of unemployment are laid off during a recession when production volumes fall, and companies use lay-offs as the easiest way to reduce costs. These workers are usually rehired, some months later, when the economy improves.
2. Frictional unemployment – This comes from the normal turnover in the labor force. This is where new workers are entering the workforce and older workers are retiring and leaving vacancies to be filled by the new workers or those re-entering the workforce. This category includes workers who are between jobs.
3. Structural unemployment – This happens when the skills possessed by the unemployed worker don’t match the requirements of the opening—whether those be in characteristics and skills or in location. This can come from new technology or foreign competition (e.g., foreign outsourcing). This type of unemployment usually lasts longer than frictional unemployment because retraining, and sometimes relocation, is involved. Occasionally jobs in this category can just disappear overseas.
4. Seasonal unemployment – This happens when the workforce is affected by the climate or time of year. Construction workers and agricultural workers aren’t needed as much during the winter season because of the inclement weather. On the other hand, retail workers experience an increase in hiring shortly before, and during, the holiday season, but can be laid off shortly thereafter.
5. Surplus unemployment – This is caused by minimum wage laws and unions. When wages are set at a higher level, unemployment can often result. Why? To keep within the same payroll budget, the company must let go of some workers to pay the remaining workers a higher salary.
Other factors influencing the unemployment rate:
1. Length of unemployment – Some studies indicate that an important factor influencing a worker’s decision to accept a new job is directly related to the length of the unemployment benefit they are receiving. Currently, workers in most states are eligible for up to 26 weeks of benefits from the regular state-funded unemployment compensation program.
Extended Benefits are available to workers who have exhausted regular unemployment insurance benefits during periods of high unemployment. The basic Extended Benefits program provides up to 13 additional weeks of benefits when a State is experiencing high unemployment. Some States have also enacted a voluntary program to pay up to 7 additional weeks (20 weeks maximum) of Extended Benefits during periods of extremely high unemployment.
Studies suggest that additional weeks of benefits reduce the incentive of the unemployed to seek and accept less-desirable jobs.
2. Changes in GDP – Since hiring workers takes time, the improvement in the unemployment rate usually lags the improvement in the GDP.
WHERE RECRUITERS PLACE
Now back to the issue at hand, namely the recruiting, and placing, of professionals and those with college degrees.
If you look at the past 24 years of unemployment in the August “management, professional and related” types of worker category, you will find the following rates:
August 2023 2.4%
August 2022 2.4%
August 2021 3.2%
August 2020 5.5%
August 2019 2.3%
August 2018 2.5%
August 2017 2.8%
August 2016 3.1%
August 2015 2.9%
August 2014 3.4%
August 2013 3.8%
August 2012 4.5%
August 2011 4.9%
August 2010 5.1%
August 2009 5.4%
August 2008 3.3%
August 2007 2.6%
August 2006 2.4%
August 2005 2.5%
August 2004 2.9%
August 2003 3.6%
August 2002 3.4%
August 2001 2.5%
August 2000 1.8%
Here are the rates, during those same time periods, for “college-degreed” workers:
August 2023 2.2%
August 2022 1.9%
August 2021 2.7%
August 2020 5.3%
August 2019 2.1%
August 2018 2.0%
August 2017 2.4%
August 2016 2.7%
August 2015 2.5%
August 2014 3.2%
August 2013 3.5%
August 2012 4.1%
August 2011 4.3%
August 2010 4.6%
August 2009 4.7%
August 2008 2.7%
August 2007 2.1%
August 2006 1.8%
August 2005 2.1%
August 2004 2.7%
August 2003 3.1%
August 2002 2.8%
August 2001 2.2%
August 2000 1.7%
The August 2024 rates for these two categories, 2.9% and 2.5%, respectively, are pretty low. But regardless, these unemployment numbers usually include a good number of job hoppers, job shoppers and rejects. We, on the other hand, are engaged by our client companies to find those candidates who are happy, well-appreciated, making good money and currently working and we entice them to move for even better opportunities—especially where new technologies are expanding. This will never change. And that is why, no matter the overall unemployment rate, we still need to MARKET to find the best possible job orders to work and we still need to RECRUIT to find the best possible candidates for those Job Orders.
Below are the numbers for the over 25-year old’s:
Less than H.S. diploma – Unemployment Rate
| 1/08 | 2/08 | 3/08 | 4/08 | 5/08 | 6/08 | 7/08 | 8/08 | 9/08 | 10/08 | 11/08 | 12/08 |
| 7.7% | 7.4% | 8.2% | 7.9% | 8.4% | 8.9% | 8.6% | 9.7% | 9.8% | 10.4% | 10.6% | 10.9% |
| 1/09 | 2/09 | 3/09 | 4/09 | 5/09 | 6/09 | 7/09 | 8/09 | 9/09 | 10/09 | 11/09 | 12/09 |
| 12.0% | 12.6% | 13.3% | 14.8% | 15.5% | 15.5% | 15.4% | 15.6% | 15.0% | 15.5% | 15.0% | 15.3% |
| 1/10 | 2/10 | 3/10 | 4/10 | 5/10 | 6/10 | 7/10 | 8/10 | 9/10 | 10/10 | 11/10 | 12/10 |
| 15.2% | 15.6% | 14.5% | 14.7% | 15.0% | 14.1% | 13.8% | 14.0% | 15.4% | 15.3% | 15.7% | 15.3% |
| 1/11 | 2/11 | 3/11 | 4/11 | 5/11 | 6/11 | 7/11 | 8/11 | 9/11 | 10/11 | 11/11 | 12/11 |
| 14.2% | 13.9% | 13.7% | 14.6% | 14.7% | 14.3% | 15.0% | 14.3% | 14.0% | 13.8% | 13.2% | 13.8% |
| 1/12 | 2/12 | 3/12 | 4/12 | 5/12 | 6/12 | 7/12 | 8/12 | 9/12 | 10/12 | 11/12 | 12/12 |
| 13.1% | 12.9% | 12.6% | 12.5% | 13.0% | 12.6% | 12.7% | 12.0% | 11.3% | 12.2% | 12.2% | 11.7% |
| 1/13 | 2/13 | 3/13 | 4/13 | 5/13 | 6/13 | 7/13 | 8/13 | 9/13 | 10/13 | 11/13 | 12/13 |
| 12.0% | 11.2% | 11.1% | 11.6% | 11.1% | 10.7% | 11.0% | 11.3% | 10.3% | 10.9% | 10.8% | 9.8% |
| 1/14 | 2/14 | 3/14 | 4/14 | 5/14 | 6/14 | 7/14 | 8/14 | 9/14 | 10/14 | 11/14 | 12/14 |
| 9.6% | 9.8% | 9.6% | 8.9% | 9.1% | 9.1% | 9.6% | 9.1% | 8.4% | 7.9% | 8.5% | 8.8% |
| 1/15 | 2/15 | 3/15 | 4/15 | 5/15 | 6/15 | 7/15 | 8/15 | 9/15 | 10/15 | 11/15 | 12/15 |
| 8.5% | 8.4% | 8.6% | 8.6% | 8.6% | 8.2% | 8.3% | 7.7% | 7.7% | 7.3% | 6.8% | 6.7% |
| 1/16 | 2/16 | 3/16 | 4/16 | 5/16 | 6/16 | 7/16 | 8/16 | 9/16 | 10/16 | 11/16 | 12/16 |
| 7.4% | 7.3% | 7.4% | 7.5% | 7.1% | 7.5% | 6.3% | 7.2% | 8.5% | 7.3% | 7.9% | 7.9% |
| 1/17 | 2/17 | 3/17 | 4/17 | 5/17 | 6/17 | 7/17 | 8/17 | 9/17 | 10/17 | 11/17 | 12/17 |
| 7.3% | 7.9% | 6.8% | 6.5% | 6.1% | 6.4% | 6.9% | 6.0% | 6.5% | 5.7% | 5.2% | 6.3% |
| 1/18 | 2/18 | 3/18 | 4/18 | 5/18 | 6/18 | 7/18 | 8/18 | 9/18 | 10/18 | 11/18 | 12/18 |
| 5.4% | 5.7% | 5.5% | 5.9% | 5.4% | 5.5% | 5.1% | 5.7% | 5.5% | 6.0% | 5.6% | 5.8% |
| 1/19 | 2/19 | 3/19 | 4/19 | 5/19 | 6/19 | 7/19 | 8/19 | 9/19 | 10/19 | 11/19 | 12/19 |
| 5.7% | 5.3% | 5.9% | 5.4% | 5.4% | 5.3% | 5.1% | 5.4% | 4.8% | 5.6% | 5.3% | 5.2% |
| 1/20 | 2/20 | 3/20 | 4/20 | 5/20 | 6/20 | 7/20 | 8/20 | 9/20 | 10/20 | 11/20 | 12/20 |
| 5.5% | 5.7% | 6.8% | 21.2% | 19.9% | 16.6% | 15.4% | 12.6% | 10.7% | 9.9% | 9.2% | 9.8% |
| 1/21 | 2/21 | 3/21 | 4/21 | 5/21 | 6/21 | 7/21 | 8/21 | 9/21 | 10/21 | 11/21 | 12/21 |
| 9.1% | 10.1% | 8.2% | 9.3% | 9.1% | 10.2% | 9.5% | 7.8% | 7.9% | 7.4% | 5.7% | 5.2% |
| 1/22 | 2/22 | 3/22 | 4/22 | 5/22 | 6/22 | 7/22 | 8/22 | 9/22 | 10/22 | 11/22 | 12/22 |
| 6.3% | 4.3% | 5.2% | 5.4% | 5.2% | 5.8% | 5.9% | 6.2% | 5.6% | 6.3% | 4.4% | 5.0% |
| 1/23 | 2/23 | 3/23 | 4/23 | 5/23 | 6/23 | 7/23 | 8/23 | 9/23 | 10/23 | 11/23 | 12/23 |
| 4.5% | 5.8% | 4.8% | 5.4% | 5.7% | 6.0% | 5.2% | 5.4% | 5.5% | 5.8% | 6.3% | 6.0% |
| 1/24 | 2/24 | 3/24 | 4/24 | 5/24 | 6/24 | 7/24 | 8/24 | 9/24 | 10/24 | 11/24 | 12/24 |
| 6.0% | 6.1% | 4.9% | 6.0% | 5.9% | 5.9% | 6.7% | 7.1% |
H.S. Grad; no college – Unemployment Rate
| 1/08 | 2/08 | 3/08 | 4/08 | 5/08 | 6/08 | 7/08 | 8/08 | 9/08 | 10/08 | 11/08 | 12/08 |
| 4.6% | 4.7% | 5.1% | 5.0% | 5.2% | 5.2% | 5.3% | 5.8% | 6.3% | 6.5% | 6.9% | 7.7% |
| 1/09 | 2/09 | 3/09 | 4/09 | 5/09 | 6/09 | 7/09 | 8/09 | 9/09 | 10/09 | 11/09 | 12/09 |
| 8.1% | 8.3% | 9.0% | 9.3% | 10.0% | 9.8% | 9.4% | 9.7% | 10.8% | 11.2% | 10.4% | 10.5% |
| 1/10 | 2/10 | 3/10 | 4/10 | 5/10 | 6/10 | 7/10 | 8/10 | 9/10 | 10/10 | 11/10 | 12/10 |
| 10.1% | 10.5% | 10.8% | 10.6% | 10.9% | 10.8% | 10.1% | 10.3% | 10.0% | 10.1% | 10.0% | 9.8% |
| 1/11 | 2/11 | 3/11 | 4/11 | 5/11 | 6/11 | 7/11 | 8/11 | 9/11 | 10/11 | 11/11 | 12/11 |
| 9.4% | 9.5% | 9.5% | 9.7% | 9.5% | 10.0% | 9.3% | 9.6% | 9.7% | 9.6% | 8.8% | 8.7% |
| 1/12 | 2/12 | 3/12 | 4/12 | 5/12 | 6/12 | 7/12 | 8/12 | 9/12 | 10/12 | 11/12 | 12/12 |
| 8.4% | 8.3% | 8.0% | 7.9% | 8.1% | 8.4% | 8.7% | 8.8% | 8.7% | 8.4% | 8.1% | 8.0% |
| 1/13 | 2/13 | 3/13 | 4/13 | 5/13 | 6/13 | 7/13 | 8/13 | 9/13 | 10/13 | 11/13 | 12/13 |
| 8.1% | 7.9% | 7.6% | 7.4% | 7.4% | 7.6% | 7.6% | 7.6% | 7.6% | 7.3% | 7.3% | 7.1% |
| 1/14 | 2/14 | 3/14 | 4/14 | 5/14 | 6/14 | 7/14 | 8/14 | 9/14 | 10/14 | 11/14 | 12/14 |
| 6.5% | 6.4% | 6.3% | 6.3% | 6.5% | 5.8% | 6.1% | 6.2% | 5.3% | 5.7% | 5.6% | 5.3% |
| 1/15 | 2/15 | 3/15 | 4/15 | 5/15 | 6/15 | 7/15 | 8/15 | 9/15 | 10/15 | 11/15 | 12/15 |
| 5.4% | 5.4% | 5.3% | 5.4% | 5.8% | 5.4% | 5.5% | 5.5% | 5.3% | 5.3% | 5.4% | 5.6% |
| 1/16 | 2/16 | 3/16 | 4/16 | 5/16 | 6/16 | 7/16 | 8/16 | 9/16 | 10/16 | 11/16 | 12/16 |
| 5.3% | 5.3% | 5.4% | 5.4% | 5.1% | 5.0% | 5.0% | 5.1% | 5.2% | 5.5% | 4.9% | 5.1% |
| 1/17 | 2/17 | 3/17 | 4/17 | 5/17 | 6/17 | 7/17 | 8/17 | 9/17 | 10/17 | 11/17 | 12/17 |
| 5.2% | 5.0% | 4.9% | 4.6% | 4.7% | 4.6% | 4.5% | 5.1% | 4.3% | 4.3% | 4.3% | 4.2% |
| 1/18 | 2/18 | 3/18 | 4/18 | 5/18 | 6/18 | 7/18 | 8/18 | 9/18 | 10/18 | 11/18 | 12/18 |
| 4.5% | 4.4% | 4.3% | 4.3% | 3.9% | 4.2% | 4.0% | 3.9% | 3.7% | 4.0% | 3.5% | 3.8% |
| 1/19 | 2/19 | 3/19 | 4/19 | 5/19 | 6/19 | 7/19 | 8/19 | 9/19 | 10/19 | 11/19 | 12/19 |
| 3.8% | 3.8% | 3.7% | 3.5% | 3.5% | 3.9% | 3.6% | 3.6% | 3.6% | 3.7% | 3.7% | 3.7% |
| 1/20 | 2/20 | 3/20 | 4/20 | 5/20 | 6/20 | 7/20 | 8/20 | 9/20 | 10/20 | 11/20 | 12/20 |
| 3.8% | 3.6% | 4.4% | 17.3% | 15.3% | 12.1% | 10.8% | 9.8% | 9.0% | 8.1% | 7.8% | 7.8% |
| 1/21 | 2/21 | 3/21 | 4/21 | 5/21 | 6/21 | 7/21 | 8/21 | 9/21 | 10/21 | 11/21 | 12/21 |
| 7.1% | 7.2% | 6.7% | 6.9% | 6.8% | 7.0% | 6.3% | 6.0% | 5.8% | 5.4% | 5.2% | 4.6% |
| 1/22 | 2/22 | 3/22 | 4/22 | 5/22 | 6/22 | 7/22 | 8/22 | 9/22 | 10/22 | 11/22 | 12/22 |
| 4.6% | 4.5% | 4.0% | 3.8% | 3.8% | 3.6% | 3.6% | 4.2% | 3.7% | 3.9% | 3.9% | 3.6% |
| 1/23 | 2/23 | 3/23 | 4/23 | 5/23 | 6/23 | 7/23 | 8/23 | 9/23 | 10/23 | 11/23 | 12/23 |
| 3.7% | 3.6% | 4.0% | 3.9% | 3.9% | 3.9% | 3.4% | 3.8% | 4.1% | 4.0% | 4.1% | 4.2% |
| 1/24 | 2/24 | 3/24 | 4/24 | 5/24 | 6/24 | 7/24 | 8/24 | 9/24 | 10/24 | 11/24 | 12/24 |
| 4.3% | 4.2% | 4.1% | 4.0% | 4.3% | 4.2% | 4.6% | 4.0% |
Some College; or AA/AS – Unemployment Rate
| 1/08 | 2/08 | 3/08 | 4/08 | 5/08 | 6/08 | 7/08 | 8/08 | 9/08 | 10/08 | 11/08 | 12/08 |
| 3.7% | 3.8% | 3.9% | 4.0% | 4.3% | 4.4% | 4.6% | 5.0% | 5.1% | 5.3% | 5.5% | 5.6% |
| 1/09 | 2/09 | 3/09 | 4/09 | 5/09 | 6/09 | 7/09 | 8/09 | 9/09 | 10/09 | 11/09 | 12/09 |
| 6.2% | 7.0% | 7.2% | 7.4% | 7.7% | 8.0% | 7.9% | 8.2% | 8.5% | 9.0% | 9.0% | 9.0% |
| 1/10 | 2/10 | 3/10 | 4/10 | 5/10 | 6/10 | 7/10 | 8/10 | 9/10 | 10/10 | 11/10 | 12/10 |
| 8.5% | 8.0% | 8.2% | 8.3% | 8.3% | 8.2% | 8.3% | 8.7% | 9.1% | 8.5% | 8.7% | 8.1% |
| 1/11 | 2/11 | 3/11 | 4/11 | 5/11 | 6/11 | 7/11 | 8/11 | 9/11 | 10/11 | 11/11 | 12/11 |
| 8.0% | 7.8% | 7.4% | 7.5% | 8.0% | 8.4% | 8.3% | 8.2% | 8.4% | 8.3% | 7.6% | 7.7% |
| 1/12 | 2/12 | 3/12 | 4/12 | 5/12 | 6/12 | 7/12 | 8/12 | 9/12 | 10/12 | 11/12 | 12/12 |
| 7.2% | 7.3% | 7.5% | 7.6% | 7.9% | 7.5% | 7.1% | 6.6% | 6.5% | 6.9% | 6.6% | 6.9% |
| 1/13 | 2/13 | 3/13 | 4/13 | 5/13 | 6/13 | 7/13 | 8/13 | 9/13 | 10/13 | 11/13 | 12/13 |
| 7.0% | 6.7% | 6.4% | 6.4% | 6.5% | 6.4% | 6.0% | 6.1% | 6.0% | 6.3% | 6.4% | 6.1% |
| 1/14 | 2/14 | 3/14 | 4/14 | 5/14 | 6/14 | 7/14 | 8/14 | 9/14 | 10/14 | 11/14 | 12/14 |
| 6.0% | 6.2% | 6.1% | 5.7% | 5.5% | 5.0% | 5.3% | 5.4% | 5.4% | 4.8% | 4.9% | 5.0% |
| 1/15 | 2/15 | 3/15 | 4/15 | 5/15 | 6/15 | 7/15 | 8/15 | 9/15 | 10/15 | 11/15 | 12/15 |
| 5.2% | 5.1% | 4.8% | 4.7% | 4.4% | 4.2% | 4.4% | 4.4% | 4.3% | 4.3% | 4.4% | 4.1% |
| 1/16 | 2/16 | 3/16 | 4/16 | 5/16 | 6/16 | 7/16 | 8/16 | 9/16 | 10/16 | 11/16 | 12/16 |
| 4.2% | 4.2% | 4.1% | 4.1% | 3.9% | 4.2% | 4.3% | 4.3% | 4.2% | 4.2% | 3.9% | 3.8% |
| 1/17 | 2/17 | 3/17 | 4/17 | 5/17 | 6/17 | 7/17 | 8/17 | 9/17 | 10/17 | 11/17 | 12/17 |
| 3.8% | 4.0% | 3.7% | 3.7% | 4.0% | 3.8% | 3.7% | 3.8% | 3.6% | 3.7% | 3.6% | 3.6% |
| 1/18 | 2/18 | 3/18 | 4/18 | 5/18 | 6/18 | 7/18 | 8/18 | 9/18 | 10/18 | 11/18 | 12/18 |
| 3.4% | 3.5% | 3.6% | 3.5% | 3.2% | 3.3% | 3.2% | 3.5% | 3.2% | 3.0% | 3.1% | 3.3% |
| 1/19 | 2/19 | 3/19 | 4/19 | 5/19 | 6/19 | 7/19 | 8/19 | 9/19 | 10/19 | 11/19 | 12/19 |
| 3.4% | 3.2% | 3.4% | 3.1% | 2.8% | 3.0% | 3.2% | 3.1% | 2.9% | 2.9% | 2.9% | 2.7% |
| 1/20 | 2/20 | 3/20 | 4/20 | 5/20 | 6/20 | 7/20 | 8/20 | 9/20 | 10/20 | 11/20 | 12/20 |
| 2.8% | 3.0% | 3.7% | 15.0% | 13.3% | 10.9% | 10.0% | 8.0% | 8.1% | 6.6% | 6.3% | 6.3% |
| 1/21 | 2/21 | 3/21 | 4/21 | 5/21 | 6/21 | 7/21 | 8/21 | 9/21 | 10/21 | 11/21 | 12/21 |
| 6.2% | 5.9% | 5.9% | 5.8% | 5.9% | 5.8% | 5.0% | 5.1% | 4.5% | 4.4% | 3,7% | 3.6% |
| 1/22 | 2/22 | 3/23 | 4/22 | 5/22 | 6/22 | 7/22 | 8/22 | 9/22 | 10/22 | 11/22 | 12/22 |
| 3.6% | 3.8% | 3.0% | 3.1% | 3.4% | 3.1% | 2.8% | 2.9% | 2.9% | 3.0% | 3.2% | 2.9% |
| 1/23 | 2/23 | 3/23 | 4/23 | 5/23 | 6/23 | 7/23 | 8/23 | 9/23 | 10/23 | 11/23 | 12/23 |
| 2.9% | 3.2% | 3.0% | 2.9% | 3.2% | 3.1% | 3.1% | 3.0% | 3.0% | 3.1% | 2.8% | 3.1% |
| 1/23 | 2/23 | 3/23 | 4/23 | 5/23 | 6/23 | 7/23 | 8/23 | 9/23 | 10/23 | 11/23 | 12/23 |
| 2.9% | 3.2% | 3.0% | 2.9% | 3.2% | 3.1% | 3.1% | 3.0% | 3.0% | 3.1% | 2.8% | 3.1% |
| 1/24 | 2/24 | 3/24 | 4/24 | 5/24 | 6/24 | 7/24 | 8/24 | 9/24 | 10/24 | 11/24 | 12/24 |
| 3.3% | 3.1% | 3.4% | 3.3% | 3.1% | 3.4% | 3.5% | 3.4% |
BS/BS + – Unemployment Rate
| 1/08 | 2/08 | 3/08 | 4/08 | 5/08 | 6/08 | 7/08 | 8/08 | 9/08 | 10/08 | 11/08 | 12/08 |
| 2.1% | 2.1% | 2.1% | 2.1% | 2.3% | 2.4% | 2.5% | 2.7% | 2.6% | 3.1% | 3.2% | 3.7% |
| 1/09 | 2/09 | 3/09 | 4/09 | 5/09 | 6/09 | 7/09 | 8/09 | 9/09 | 10/09 | 11/09 | 12/09 |
| 3.9% | 4.1% | 4.3% | 4.4% | 4.8% | 4.7% | 4.7% | 4.7% | 4.9% | 4.7% | 4.9% | 5.0% |
| 1/10 | 2/10 | 3/10 | 4/10 | 5/10 | 6/10 | 7/10 | 8/10 | 9/10 | 10/10 | 11/10 | 12/10 |
| 4.8% | 5.0% | 4.9% | 4.9% | 4.7% | 4.4% | 4.5% | 4.6% | 4.4% | 4.7% | 5.1% | 4.8% |
| 1/11 | 2/11 | 3/11 | 4/11 | 5/11 | 6/11 | 7/11 | 8/11 | 9/11 | 10/11 | 11/11 | 12/11 |
| 4.2% | 4.3% | 4.4% | 4.5% | 4.5% | 4.4% | 4.3% | 4.3% | 4.2% | 4.4% | 4.4% | 4.1% |
| 1/12 | 2/12 | 3/12 | 4/12 | 5/12 | 6/12 | 7/12 | 8/12 | 9/12 | 10/12 | 11/12 | 12/12 |
| 4.2% | 4.2% | 4.2% | 4.0% | 3.9% | 4.1% | 4.1% | 4.1% | 4.1% | 3.8% | 3.8% | 3.9% |
| 1/13 | 2/13 | 3/13 | 4/13 | 5/13 | 6/13 | 7/13 | 8/13 | 9/13 | 10/13 | 11/13 | 12/13 |
| 3.8% | 3.8% | 3.8% | 3.9% | 3.8% | 3.9% | 3.8% | 3.5% | 3.7% | 3.8% | 3.4% | 3.3% |
| 1/14 | 2/14 | 3/14 | 4/14 | 5/14 | 6/14 | 7/14 | 8/14 | 9/14 | 10/14 | 11/14 | 12/14 |
| 3.3% | 3.4% | 3.4% | 3.3% | 3.2% | 3.3% | 3.1% | 3.2% | 2.9% | 3.1% | 3.2% | 2.8% |
| 1/15 | 2/15 | 3/15 | 4/15 | 5/15 | 6/15 | 7/15 | 8/15 | 9/15 | 10/15 | 11/15 | 12/15 |
| 2.8% | 2.7% | 2.5% | 2.7% | 2.7% | 2.5% | 2.6% | 2.5% | 2.5% | 2.5% | 2.5% | 2.5% |
| 1/16 | 2/16 | 3/16 | 4/16 | 5/16 | 6/16 | 7/16 | 8/16 | 9/16 | 10/16 | 11/16 | 12/16 |
| 2.5% | 2.5% | 2.6% | 2.4% | 2.4% | 2.5% | 2.5% | 2.7% | 2.5% | 2.6% | 2.3% | 2.5% |
| 1/17 | 2/17 | 3/17 | 4/17 | 5/17 | 6/17 | 7/17 | 8/17 | 9/17 | 10/17 | 11/17 | 12/17 |
| 2.5% | 2.4% | 2.5% | 2.4% | 2.3% | 2.4% | 2.4% | 2.4% | 2.3% | 2.0% | 2.1% | 2.1% |
| 1/18 | 2/18 | 3/18 | 4/18 | 5/18 | 6/18 | 7/18 | 8/18 | 9/18 | 10/18 | 11/18 | 12/18 |
| 2.1% | 2.3% | 2.2% | 2.1% | 2.0% | 2.3% | 2.2% | 2.1% | 2.0% | 2.0% | 2.2% | 2.1% |
| 1/19 | 2/19 | 3/19 | 4/19 | 5/19 | 6/19 | 7/19 | 8/19 | 9/19 | 10/19 | 11/19 | 12/19 |
| 2.4% | 2.2% | 2.0% | 2.1% | 2.1% | 2.1% | 2.2% | 2.1% | 2.0% | 2.1% | 2.0% | 1.9% |
| 1/20 | 2/20 | 3/20 | 4/20 | 5/20 | 6/20 | 7/20 | 8/20 | 9/20 | 10/20 | 11/20 | 12/20 |
| 2.0% | 1.9% | 2.5% | 8.4% | 7.4% | 6.9% | 6.7% | 5.3% | 4.7% | 4.2% | 4.2% | 3.8% |
| 1/21 | 2/21 | 3/21 | 4/21 | 5/21 | 6/21 | 7/21 | 8/21 | 9/21 | 10/21 | 11/21 | 12/21 |
| 4.0% | 3.8% | 3.7% | 3.5% | 3.2% | 3.5% | 3.1% | 2.8% | 2.5% | 2.4% | 2.3% | 2.1% |
| 1/22 | 2/22 | 3/22 | 4/22 | 5/22 | 6/22 | 7/22 | 8/22 | 9/22 | 10/22 | 11/22 | 12/22 |
| 2.3% | 2.2% | 2.0% | 2.0% | 2.0% | 2.1% | 2.0% | 1.9% | 1.8% | 1.9% | 2.0% | 1.9% |
| 1/23 | 2/23 | 3/23 | 4/23 | 5/23 | 6/23 | 7/23 | 8/23 | 9/23 | 10/23 | 11/23 | 12/23 |
| 2.0% | 2.0% | 2.0% | 1.9% | 2.1% | 2.0% | 2.0% | 2.2% | 2.1% | 2.1% | 2.1% | 2.1% |
| 1/24 | 2/24 | 3/24 | 4/24 | 5/24 | 6/24 | 7/24 | 8/24 | 9/24 | 10/24 | 11/24 | 12/24 |
| 2.1% | 2.2% | 2.1% | 2.2% | 2.1% | 2.4% | 2.3% | 2.5% |
Management, Professional & Related – Unemployment Rate
| 1/08 | 2/08 | 3/08 | 4/08 | 5/08 | 6/08 | 7/08 | 8/08 | 9/08 | 10/08 | 11/08 | 12/08 |
| 2.2% | 2.2% | 2.1% | 2.0% | 2.6% | 2.7% | 2.9% | 3.3% | 2.8% | 3.0% | 3.2% | 3.3% |
| 1/09 | 2/09 | 3/09 | 4/09 | 5/09 | 6/09 | 7/09 | 8/09 | 9/09 | 10/09 | 11/09 | 12/09 |
| 4.1% | 3.9% | 4.2% | 4.0% | 4.6% | 5.0% | 5.5% | 5.4% | 5.2% | 4.7% | 4.6% | 4.6% |
| 1/10 | 2/10 | 3/10 | 4/10 | 5/10 | 6/10 | 7/10 | 8/10 | 9/10 | 10/10 | 11/10 | 12/10 |
| 5.0% | 4.8% | 4.7% | 4.5% | 4.5% | 4.9% | 5.0% | 5.1% | 4.4% | 4.5% | 4.7% | 4.6% |
| 1/11 | 2/11 | 3/11 | 4/11 | 5/11 | 6/11 | 7/11 | 8/11 | 9/11 | 10/11 | 11/11 | 12/11 |
| 4.7% | 4.4% | 4.3% | 4.0% | 4.4% | 4.7% | 5.0% | 4.9% | 4.4% | 4.4% | 4.2% | 4.2% |
| 1/12 | 2/12 | 3/12 | 4/12 | 5/12 | 6/12 | 7/12 | 8/12 | 9/12 | 10/12 | 11/12 | 12/12 |
| 4.3% | 4.2% | 4.2% | 3.7% | 4.0% | 4.4% | 4.8% | 4.5% | 3.9% | 3.8% | 3.6% | 3.9% |
| 1/13 | 2/13 | 3/13 | 4/13 | 5/13 | 6/13 | 7/13 | 8/13 | 9/13 | 10/13 | 11/13 | 12/13 |
| 3.9% | 3.8% | 3.6% | 3.5% | 3.5% | 4.2% | 4.1% | 3.8% | 3.5% | 3.4% | 3.1% | 2.9% |
| 1/14 | 2/14 | 3/14 | 4/14 | 5/14 | 6/14 | 7/14 | 8/14 | 9/14 | 10/14 | 11/14 | 12/14 |
| 3.1% | 3.2% | 3.3% | 2.9% | 3.1% | 3.5% | 3.5% | 3.4% | 2.8% | 2.7% | 2.8% | 2.7% |
| 1/15 | 2/15 | 3/15 | 4/15 | 5/15 | 6/15 | 7/15 | 8/15 | 9/15 | 10/15 | 11/15 | 12/15 |
| 2.9% | 2.7% | 2.4% | 2.4% | 2.4% | 2.9% | 3.1% | 2.9% | 2.4% | 2.2% | 2.1% | 2.0% |
| 1/16 | 2/16 | 3/16 | 4/16 | 5/16 | 6/16 | 7/16 | 8/16 | 9/16 | 10/16 | 11/16 | 12/16 |
| 2.3% | 2.4% | 2.4% | 2.1% | 2.1% | 2.8% | 3.0% | 3.1% | 2.7% | 2.5% | 2.3% | 2.2% |
| 1/17 | 2/17 | 3/17 | 4/17 | 5/17 | 6/17 | 7/17 | 8/17 | 9/17 | 10/17 | 11/17 | 12/17 |
| 2.3% | 2.1% | 2.0% | 2.0% | 1.9% | 2.3% | 2.7% | 2.8% | 2.3% | 2.1% | 2.0% | 2.0% |
| 1/18 | 2/18 | 3/18 | 4/18 | 5/18 | 6/18 | 7/18 | 8/18 | 9/18 | 10/18 | 11/18 | 12/18 |
| 2.2% | 2.0% | 2.0% | 1.8% | 1.7% | 2.5% | 2.4% | 2.5% | 2.0% | 1.9% | 2.1% | 2.1% |
| 1/19 | 2/19 | 3/19 | 4/19 | 5/19 | 6/19 | 7/19 | 8/19 | 9/19 | 10/19 | 11/19 | 12/19 |
| 2.5% | 2.0% | 2.0% | 1.6% | 1.7% | 2.4% | 2.4% | 2.3% | 1.9% | 1.8% | 1.8% | 1.8% |
| 1/20 | 2/20 | 3/20 | 4/20 | 5/20 | 6/20 | 7/20 | 8/20 | 9/20 | 10/20 | 11/20 | 12/20 |
| 2.2% | 1.8% | 2.5% | 7.7% | 6.6% | 6.5% | 6.6% | 5.5% | 4.5% | 3.7% | 3.7% | 3.4% |
| 1/21 | 2/21 | 3/21 | 4/21 | 5/21 | 6/21 | 7/21 | 8/21 | 9/21 | 10/21 | 11/21 | 12/21 |
| 3.7% | 3.2% | 3.1% | 3.0% | 2.8% | 3.5% | 3.3% | 3.2% | 2.4% | 2.2% | 1.9% | 1.7% |
| 1/22 | 2/22 | 3/22 | 4/22 | 5/22 | 6/22 | 7/22 | 8/22 | 9/22 | 10/22 | 11/22 | 12/22 |
| 2.3% | 2.2% | 1.5% | 1.6% | 1.6% | 2.2% | 2.4% | 2.4% | 1.8% | 2.0% | 1.8% | 1.7% |
| 1/23 | 2/23 | 3/23 | 4/23 | 5/23 | 6/23 | 7/23 | 8/23 | 9/23 | 10/23 | 11/23 | 12/23 |
| 2.1% | 2.0% | 1.9% | 1.6% | 1.8% | 2.2% | 2.4% | 2.4% | 2.0% | 1.9% | 1.8% | 1.8% |
| 1/24 | 2/24 | 3/24 | 4/24 | 5/24 | 6/24 | 7/24 | 8/24 | 9/24 | 10/24 | 11/24 | 12/24 |
| 2.1% | 2.2% | 2.2% | 1.9% | 2.0% | 2.6% | 2.9% | 2.9% |
Or employed… (,000)
| 1/08 | 2/08 | 3/08 | 4/08 | 5/08 | 6/08 | 7/08 | 8/08 | 9/08 | 10/08 | 11/08 | 12/08 |
| 52,165 | 52,498 | 52,681 | 52,819 | 52,544 | 52,735 | 52,655 | 52,626 | 53,104 | 53,485 | 53,274 | 52,548 |
| 1/09 | 2/09 | 3/09 | 4/09 | 5/09 | 6/09 | 7/09 | 8/09 | 9/09 | 10/09 | 11/09 | 12/09 |
| 52,358 | 52,196 | 52,345 | 52,597 | 52,256 | 51,776 | 51,810 | 51,724 | 52,186 | 52,981 | 52,263 | 52,131 |
| 1/10 | 2/10 | 3/10 | 4/10 | 5/10 | 6/10 | 7/10 | 8/10 | 9/10 | 10/10 | 11/10 | 12/10 |
| 52,159 | 52,324 | 52,163 | 52,355 | 51,839 | 51,414 | 50,974 | 50,879 | 51,757 | 51,818 | 52,263 | 51,704 |
| 1/11 | 2/11 | 3/11 | 4/11 | 5/11 | 6/11 | 7/11 | 8/11 | 9/11 | 10/11 | 11/11 | 12/11 |
| 51,866 | 52,557 | 53,243 | 53,216 | 52,778 | 52,120 | 51,662 | 51,997 | 52,665 | 52,864 | 52,787 | 52,808 |
| 1/12 | 2/12 | 3/12 | 4/12 | 5/12 | 6/12 | 7/12 | 8/12 | 9/12 | 10/12 | 11/12 | 12/12 |
| 53,152 | 53,208 | 53,771 | 54,055 | 54,156 | 53,846 | 53,165 | 53,696 | 54,655 | 55,223 | 54,951 | 54,635 |
| 1/13 | 2/13 | 3/13 | 4/13 | 5/13 | 6/13 | 7/13 | 8/13 | 9/13 | 10/13 | 11/13 | 12/13 |
| 54,214 | 54,563 | 54,721 | 54,767 | 54,740 | 54,323 | 54,064 | 54,515 | 55,013 | 55,155 | 55,583 | 54,880 |
| 1/14 | 2/14 | 3/14 | 4/14 | 5/14 | 6/14 | 7/14 | 8/14 | 9/14 | 10/14 | 11/14 | 12/14 |
| 55,096 | 55,501 | 56,036 | 55,896 | 56,202 | 55,714 | 55,381 | 55,646 | 56,365 | 56,759 | 57,110 | 56,888 |
| 1/15 | 2/15 | 3/15 | 4/15 | 5/15 | 6/15 | 7/15 | 8/15 | 9/15 | 10/15 | 11/15 | 12/15 |
| 57,367 | 57,596 | 57,805 | 57,953 | 58,155 | 57,710 | 57,392 | 57,288 | 58,105 | 58,456 | 58,667 | 59,030 |
| 1/16 | 2/16 | 3/16 | 4/16 | 5/16 | 6/16 | 7/16 | 8/16 | 9/16 | 10/16 | 11/16 | 12/16 |
| 59,014 | 59,583 | 60,080 | 59,690 | 59,613 | 59,181 | 58,434 | 58,526 | 59,599 | 59,766 | 59,707 | 60,069 |
| 1/17 | 2/17 | 3/17 | 4/17 | 5/17 | 6/17 | 7/17 | 8/17 | 9/17 | 10/17 | 11/17 | 12/17 |
| 59,921 | 61,064 | 61,156 | 61,317 | 61,174 | 60,705 | 59,923 | 59,559 | 60,990 | 61,062 | 61,818 | 62,121 |
| 1/18 | 2/18 | 3/18 | 4/18 | 5/18 | 6/18 | 7/18 | 8/18 | 9/18 | 10/18 | 11/18 | 12/18 |
| 62,123 | 62,908 | 63,067 | 62,561 | 62,360 | 61,349 | 61,433 | 61,593 | 62,181 | 62,929 | 63,084 | 63,642 |
| 1/19 | 2/19 | 3/19 | 4/19 | 5/19 | 6/19 | 7/19 | 8/19 | 9/19 | 10/19 | 11/19 | 12/19 |
| 63,818 | 64,281 | 64,299 | 63,560 | 63,594 | 63,418 | 63,394 | 63,679 | 64,343 | 64,997 | 65,548 | 65,682 |
| 1/20 | 2/20 | 3/20 | 4/20 | 5/20 | 6/20 | 7/20 | 8/20 | 9/20 | 10/20 | 11/20 | 12/20 |
| 65,533 | 66,091 | 65,881 | 61,152 | 62,330 | 63,290 | 62,451 | 63,095 | 62,759 | 63,277 | 63,387 | 64,007 |
| 1/21 | 2/21 | 3/21 | 4/21 | 5/21 | 6/21 | 7/21 | 8/21 | 9/21 | 10/21 | 11/21 | 12/21 |
| 63,886 | 64,471 | 64,503 | 64,264 | 64,268 | 64,316 | 64,179 | 64,122 | 65,163 | 65,335 | 66,060 | 66,366 |
| 1/22 | 2/22 | 3/22 | 4/22 | 5/22 | 6/22 | 7/22 | 8/22 | 9/22 | 10/22 | 11/22 | 12/22 |
| 66,740 | 67,754 | 67,823 | 67,319 | 67,652 | 67,224 | 67,874 | 68,377 | 69,056 | 68,918 | 69.156 | 69,297 |
| 1/23 | 2/23 | 3/23 | 4/23 | 5/23 | 6/23 | 7/23 | 8/23 | 9/23 | 10/23 | 11/23 | 12/23 |
| 69,249 | 69,986 | 70,651 | 70,403 | 70,388 | 69,956 | 69,662 | 69,280 | 70,417 | 71,387 | 71,350 | 70,572 |
| 1/24 | 2/24 | 3/24 | 4/24 | 5/24 | 6/24 | 7/24 | 8/24 | 9/24 | 10/24 | 11/24 | 12/24 |
| 70,650 | 70,217 | 70,786 | 70,548 | 70.897 | 71,002 | 70,167 | 69,892 |
And unemployed… (,000)
| 1/08 | 2/08 | 3/08 | 4/08 | 5/08 | 6/08 | 7/08 | 8/08 | 9/08 | 10/08 | 11/08 | 12/08 |
| 1,164 | 1,159 | 1,121 | 1,088 | 1,407 | 1,478 | 1,585 | 1,779 | 1,539 | 1,647 | 1,786 | 1,802 |
| 1/09 | 2/09 | 3/09 | 4/09 | 5/09 | 6/09 | 7/09 | 8/09 | 9/09 | 10/09 | 11/09 | 12/09 |
| 2,238 | 2,137 | 2,292 | 2,164 | 2,373 | 2,720 | 3,034 | 2,925 | 2,859 | 2,593 | 2,530 | 2,509 |
| 1/10 | 2/10 | 3/10 | 4/10 | 5/10 | 6/10 | 7/10 | 8/10 | 9/10 | 10/10 | 11/10 | 12/10 |
| 2,762 | 2,637 | 2,600 | 2,464 | 2,450 | 2,644 | 2,687 | 2,762 | 2,381 | 2,417 | 2,525 | 2,468 |
| 1/11 | 2/11 | 3/11 | 4/11 | 5/11 | 6/11 | 7/11 | 8/11 | 9/11 | 10/11 | 11/11 | 12/11 |
| 2,557 | 2,435 | 2,381 | 2,196 | 2,419 | 2,598 | 2,742 | 2,671 | 2,450 | 2,410 | 2,336 | 2,303 |
| 1/12 | 2/12 | 3/12 | 4/12 | 5/12 | 6/12 | 7/12 | 8/12 | 9/12 | 10/12 | 11/12 | 12/12 |
| 2,410 | 2,336 | 2,330 | 2,062 | 2,275 | 2,472 | 2,666 | 2,556 | 2,245 | 2,170 | 2,077 | 2,221 |
| 1/13 | 2/13 | 3/13 | 4/13 | 5/13 | 6/13 | 7/13 | 8/13 | 9/13 | 10/13 | 11/13 | 12/13 |
| 2,211 | 2,164 | 2,020 | 1,980 | 1,990 | 2,358 | 2,286 | 2,130 | 1,978 | 1,930 | 1,749 | 1,637 |
| 1/14 | 2/14 | 3/14 | 4/14 | 5/14 | 6/14 | 7/14 | 8/14 | 9/14 | 10/14 | 11/14 | 12/14 |
| 1,784 | 1,845 | 1,890 | 1,642 | 1,795 | 2,001 | 2,011 | 1,930 | 1,617 | 1,582 | 1,656 | 1,568 |
| 1/15 | 2/15 | 3/15 | 4/15 | 5/15 | 6/15 | 7/15 | 8/15 | 9/15 | 10/15 | 11/15 | 12/15 |
| 1,741 | 1,601 | 1,398 | 1,435 | 1,460 | 1,714 | 1,807 | 1,686 | 1,414 | 1,312 | 1,276 | 1,208 |
| 1/16 | 2/16 | 3/16 | 4/16 | 5/16 | 6/16 | 7/16 | 8/16 | 9/16 | 10/16 | 11/16 | 12/16 |
| 1,404 | 1,456 | 1,477 | 1,251 | 1,305 | 1,712 | 1,782 | 1,869 | 1,652 | 1,506 | 1,382 | 1,361 |
| 1/17 | 2/17 | 3/17 | 4/17 | 5/17 | 6/17 | 7/17 | 8/17 | 9/17 | 10/17 | 11/17 | 12/17 |
| 1,425 | 1,313 | 1,265 | 1,254 | 1,208 | 1,440 | 1,656 | 1,731 | 1,463 | 1,285 | 1,266 | 1,290 |
| 1/18 | 2/18 | 3/18 | 4/18 | 5/18 | 6/18 | 7/18 | 8/18 | 9/18 | 10/18 | 11/18 | 12/18 |
| 1,374 | 1,301 | 1,310 | 1,134 | 1,083 | 1,575 | 1,539 | 1,591 | 1,299 | 1,246 | 1,330 | 1,368 |
| 1/19 | 2/19 | 3/19 | 4/19 | 5/19 | 6/19 | 7/19 | 8/19 | 9/19 | 10/19 | 11/19 | 12/19 |
| 1,607 | 1,317 | 1,289 | 1,040 | 1,086 | 1,540 | 1,591 | 1,476 | 1,235 | 1,161 | 1,208 | 1,171 |
| 1/20 | 2/20 | 3/20 | 4/20 | 5/20 | 6/20 | 7/20 | 8/20 | 9/20 | 10/20 | 11/20 | 12/20 |
| 1,454 | 1,207 | 1,663 | 5,079 | 4,432 | 4,390 | 4,400 | 3,680 | 2,946 | 2,448 | 2,415 | 2,235 |
| 1/21 | 2/21 | 3/21 | 4/21 | 5/21 | 6/21 | 7/21 | 8/21 | 9/21 | 10/21 | 11/21 | 12/21 |
| 2,433 | 2,158 | 2,063 | 2,014 | 1,879 | 2,303 | 2,203 | 2,123 | 1,580 | 1,453 | 1,308 | 1,146 |
| 1/22 | 2/22 | 3/22 | 4/22 | 5/22 | 6/22 | 7/22 | 8/22 | 9/22 | 10/22 | 11/22 | 12/22 |
| 1,583 | 1,490 | 1,053 | 1,088 | 1,098 | 1,520 | 1,650 | 1,647 | 1,291 | 1,398 | 1,247 | 1,198 |
| 1/23 | 2/23 | 3/23 | 4/23 | 5/23 | 6/23 | 7/23 | 8/23 | 9/23 | 10/23 | 11/23 | 12/23 |
| 1,460 | 1,406 | 1,368 | 1,153 | 1,281 | 1,609 | 1,701 | 1,712 | 1,466 | 1,415 | 1,301 | 1,314 |
| 1/24 | 2/24 | 3/24 | 4/24 | 5/24 | 6/24 | 7/24 | 8/24 | 9/24 | 10/24 | 11/24 | 12/24 |
| 1,527 | 1,580 | 1,580 | 1,399 | 1,423 | 1,887 | 2,095 | 2,056 |
For a total Management, Professional & Related workforce of…(,000)
| 1/08 | 2/08 | 3/08 | 4/08 | 5/08 | 6/08 | 7/08 | 8/08 | 9/08 | 10/08 | 11/08 | 12/08 |
| 53,329 | 53,657 | 53,802 | 53,907 | 53,951 | 54,213 | 54,240 | 54,405 | 54,643 | 55,132 | 55,060 | 54,350 |
| 1/09 | 2/09 | 3/09 | 4/09 | 5/09 | 6/09 | 7/09 | 8/09 | 9/09 | 10/09 | 11/09 | 12/09 |
| 54,596 | 54,333 | 54,637 | 54,761 | 54,629 | 54,496 | 54,844 | 54,649 | 55,045 | 55,574 | 54,793 | 54,640 |
| 1/10 | 2/10 | 3/10 | 4/10 | 5/10 | 6/10 | 7/10 | 8/10 | 9/10 | 10/10 | 11/10 | 12/10 |
| 54,921 | 54,961 | 54,763 | 54,819 | 54,289 | 54,058 | 53,661 | 53,641 | 54,138 | 54,235 | 54,788 | 54,172 |
| 1/11 | 2/11 | 3/11 | 4/11 | 5/11 | 6/11 | 7/11 | 8/11 | 9/11 | 10/11 | 11/11 | 12/11 |
| 54,423 | 54,992 | 55,624 | 55,412 | 55,197 | 54,718 | 54,404 | 54,668 | 55,115 | 55,274 | 55,123 | 55,111 |
| 1/12 | 2/12 | 3/12 | 4/12 | 5/12 | 6/12 | 7/12 | 8/12 | 9/12 | 10/12 | 11/12 | 12/12 |
| 55,562 | 55,544 | 56,101 | 56,117 | 56,431 | 56,318 | 55,831 | 56,252 | 56,900 | 57,393 | 57,028 | 56,856 |
| 1/13 | 2/13 | 3/13 | 4/13 | 5/13 | 6/13 | 7/13 | 8/13 | 9/13 | 10/13 | 11/13 | 12/13 |
| 56,425 | 56,727 | 56,741 | 56,747 | 56,730 | 56,681 | 56,350 | 56,645 | 56,991 | 57,085 | 57,332 | 56,517 |
| 1/14 | 2/14 | 3/14 | 4/14 | 5/14 | 6/14 | 7/14 | 8/14 | 9/14 | 10/14 | 11/14 | 12/14 |
| 56,880 | 57,346 | 57,926 | 57,538 | 57,997 | 57,715 | 57,392 | 57,576 | 57,982 | 58,341 | 58,766 | 58,456 |
| 1/15 | 2/15 | 3/15 | 4/15 | 5/15 | 6/15 | 7/15 | 8/15 | 9/15 | 10/15 | 11/15 | 12/15 |
| 59,108 | 59,197 | 59,203 | 59,388 | 59,615 | 59,424 | 59,199 | 58,974 | 59,519 | 59,768 | 59,943 | 60,238 |
| 1/16 | 2/16 | 3/16 | 4/16 | 5/16 | 6/16 | 7/16 | 8/16 | 9/16 | 10/16 | 11/16 | 12/16 |
| 60,418 | 61,039 | 61,557 | 60,941 | 60,918 | 60,893 | 60,216 | 60,395 | 61,251 | 61,272 | 61,089 | 61,430 |
| 1/17 | 2/17 | 3/17 | 4/17 | 5/17 | 6/17 | 7/17 | 8/17 | 9/17 | 10/17 | 11/17 | 12/17 |
| 61,346 | 62,377 | 62,421 | 62,571 | 62,382 | 62,145 | 61,579 | 61,290 | 62,453 | 62,347 | 63,084 | 63,411 |
| 1/18 | 2/18 | 3/18 | 4/18 | 5/18 | 6/18 | 7/18 | 8/18 | 9/18 | 10/18 | 11/18 | 12/18 |
| 63,497 | 64,209 | 64,377 | 63,695 | 63,443 | 62,924 | 62,972 | 63,184 | 63,480 | 64,175 | 64,414 | 65,010 |
| 1/19 | 2/19 | 3/19 | 4/19 | 5/19 | 6/19 | 7/19 | 8/19 | 9/19 | 10/19 | 11/19 | 12/19 |
| 65,425 | 65,598 | 65,588 | 64,600 | 64,680 | 64,958 | 64,985 | 65,155 | 65,578 | 66,158 | 66,756 | 66,853 |
| 1/20 | 2/20 | 3/20 | 4/20 | 5/20 | 6/20 | 7/20 | 8/20 | 9/20 | 10/20 | 11/20 | 12/20 |
| 66,987 | 67,298 | 67,544 | 66,231 | 66,762 | 67,680 | 66,851 | 66,775 | 65,705 | 65,675 | 65,802 | 66,242 |
| 1/21 | 2/21 | 3/21 | 4/21 | 5/21 | 6/21 | 7/21 | 8/21 | 9/21 | 10/21 | 11/21 | 12/21 |
| 66,319 | 66,629 | 66,566 | 66,278 | 66,147 | 66,619 | 66,382 | 66,245 | 66,743 | 66,788 | 67,368 | 67,512 |
| 1/22 | 2/22 | 3/22 | 4/22 | 5/22 | 6/22 | 7/22 | 8/22 | 9/22 | 10/22 | 11/22 | 12/22 |
| 68,323 | 69,244 | 68,876 | 68,407 | 68,750 | 68,744 | 69,524 | 70,024 | 70,347 | 70,316 | 70.403 | 70,495 |
| 1/23 | 2/23 | 3/23 | 4/23 | 5/23 | 6/23 | 7/23 | 8/23 | 9/23 | 10/23 | 11/23 | 12/23 |
| 70,709 | 71,392 | 72,019 | 71,556 | 71,669 | 71,565 | 71,363 | 70,992 | 71,883 | 72,802 | 72,651 | 71,886 |
| 1/24 | 2/24 | 3/24 | 4/24 | 5/24 | 6/24 | 7/24 | 8/24 | 9/24 | 10/24 | 11/24 | 12/24 |
| 72,177 | 71,797 | 72,366 | 71,947 | 72,320 | 72,889 | 72,262 | 71,948 |
Management, Business and Financial Operations – Unemployment Rate
| 1/08 | 2/08 | 3/08 | 4/08 | 5/08 | 6/08 | 7/08 | 8/08 | 9/08 | 10/08 | 11/08 | 12/08 |
| 2.3% | 2.3% | 2.2% | 2.1% | 2.7% | 2.5% | 2.6% | 2.8% | 2.8% | 3.0% | 3.6% | 3.9% |
| 1/09 | 2/09 | 3/09 | 4/09 | 5/09 | 6/09 | 7/09 | 8/09 | 9/09 | 10/09 | 11/09 | 12/09 |
| 4.6% | 4.5% | 4.5% | 4.4% | 4.6% | 4.8% | 4.9% | 5.0% | 5.2% | 5.4% | 5.4% | 5.2% |
| 1/10 | 2/10 | 3/10 | 4/10 | 5/10 | 6/10 | 7/10 | 8/10 | 9/10 | 10/10 | 11/10 | 12/10 |
| 5.2% | 5.1% | 5.4% | 5.1% | 4.9% | 4.8% | 4.7% | 4.9% | 4.3% | 5.0% | 5.5% | 5.7% |
| 1/11 | 2/11 | 3/11 | 4/11 | 5/11 | 6/11 | 7/11 | 8/11 | 9/11 | 10/11 | 11/11 | 12/11 |
| 5.3% | 4.9% | 4.8% | 4.6% | 4.9% | 4.6% | 4.6% | 4.6% | 4.6% | 4.7% | 4.6% | 4.4% |
| 1/12 | 2/12 | 3/12 | 4/12 | 5/12 | 6/12 | 7/12 | 8/12 | 9/12 | 10/12 | 11/12 | 12/12 |
| 4.5% | 4.4% | 4.4% | 4.0% | 4.1% | 3.8% | 3.8% | 3.7% | 3.5% | 3.6% | 3.8% | 4.1% |
| 1/13 | 2/13 | 3/13 | 4/13 | 5/13 | 6/13 | 7/13 | 8/13 | 9/13 | 10/13 | 11/13 | 12/13 |
| 4.0% | 3.9% | 3.5% | 3.5% | 3.8% | 3.5% | 3.1% | 3.4% | 3.3% | 3.7% | 3.2% | 3.1% |
| 1/14 | 2/14 | 3/14 | 4/14 | 5/14 | 6/14 | 7/14 | 8/14 | 9/14 | 10/14 | 11/14 | 12/14 |
| 3.4% | 3.6% | 3.5% | 3.2% | 3.3% | 2.8% | 2.7% | 2.6% | 2.4% | 2.7% | 2.7% | 2.5% |
| 1/15 | 2/15 | 3/15 | 4/15 | 5/15 | 6/15 | 7/15 | 8/15 | 9/15 | 10/15 | 11/15 | 12/15 |
| 3.0% | 2.8% | 2.6% | 2.6% | 2.9% | 2.4% | 2.3% | 2.2% | 2.4% | 2.2% | 2.1% | 1.9% |
| 1/16 | 2/16 | 3/16 | 4/16 | 5/16 | 6/16 | 7/16 | 8/16 | 9/16 | 10/16 | 11/16 | 12/16 |
| 2.3% | 2.6% | 2.5% | 2.4% | 2.4% | 2.5% | 2.4% | 2.5% | 2.8% | 2.5% | 2.3% | 2.4% |
| 1/17 | 2/17 | 3/17 | 4/17 | 5/17 | 6/17 | 7/17 | 8/17 | 9/17 | 10/17 | 11/17 | 12/17 |
| 2.5% | 2.4% | 2.4% | 2.2% | 1.8% | 1.9% | 1.9% | 2.4% | 2.5% | 1.9% | 1.9% | 2.0% |
| 1/18 | 2/18 | 3/18 | 4/18 | 5/18 | 6/18 | 7/18 | 8/18 | 9/18 | 10/18 | 11/18 | 12/18 |
| 2.0% | 2.0% | 2.0% | 1.8% | 1.7% | 2.1% | 1.9% | 2.0% | 2.1% | 2.0% | 2.1% | 2.2% |
| 1/19 | 2/19 | 3/19 | 4/19 | 5/19 | 6/19 | 7/19 | 8/19 | 9/19 | 10/19 | 11/19 | 12/19 |
| 2.5% | 2.1% | 2.0% | 1.4% | 1.5% | 1.9% | 1.8% | 1.9% | 1.6% | 1.7% | 1.6% | 1.9% |
| 1/20 | 2/20 | 3/20 | 4/20 | 5/20 | 6/20 | 7/20 | 8/20 | 9/20 | 10/20 | 11/20 | 12/20 |
| 2.3% | 1.8% | 2.2% | 6.2% | 5.1% | 4.8% | 5.1% | 4.7% | 4.8% | 4.3% | 3.9% | 3.6% |
| 1/21 | 2/21 | 3/21 | 4/21 | 5/21 | 6/21 | 7/21 | 8/21 | 9/21 | 10/21 | 11/21 | 12/21 |
| 3.8% | 3.5% | 3.4% | 3.1% | 2.9% | 3.0% | 2.6% | 2.9% | 2.3% | 2.3% | 2.2% | 1.8% |
| 1/22 | 2/22 | 3/22 | 4/22 | 5/22 | 6/22 | 7/22 | 8/22 | 9/22 | 10/22 | 11/22 | 12/22 |
| 2.1% | 2.1% | 1.5% | 1.6% | 1.4% | 1.6% | 1.5% | 1.7% | 1.8% | 2.1% | 1.9% | 1.8% |
| 1/23 | 2/23 | 3/23 | 4/23 | 5/23 | 6/23 | 7/23 | 8/23 | 9/23 | 10/23 | 11/23 | 12/23 |
| 2.0% | 2.1% | 2.1% | 1.8% | 2.0% | 1.9% | 1.9% | 2.1% | 2.1% | 1.8% | 1.7% | 2.0% |
| 1/24 | 2/24 | 3/24 | 4/24 | 5/24 | 6/24 | 7/24 | 8/24 | 9/24 | 10/24 | 11/24 | 12/24 |
| 2.1% | 2.4% | 2.3% | 2.4% | 2.0% | 2.2% | 2.3% | 2.4% |
Professional & Related – Unemployment Rate
| 1/08 | 2/08 | 3/08 | 4/08 | 5/08 | 6/08 | 7/08 | 8/08 | 9/08 | 10/08 | 11/08 | 12/08 |
| 2.1% | 2.1% | 2.0% | 2.0% | 2.5% | 2.9% | 3.2% | 3.6% | 2.8% | 3.0% | 3.0% | 2.9% |
| 1/10 | 2/10 | 3/10 | 4/10 | 5/10 | 6/10 | 7/10 | 8/10 | 9/10 | 10/10 | 11/10 | 12/10 |
| 4.9% | 4.6% | 4.3% | 4.1% | 4.3% | 5.0% | 5.2% | 5.3% | 4.4% | 4.1% | 4.1% | 3.8% |
| 1/11 | 2/11 | 3/11 | 4/11 | 5/11 | 6/11 | 7/11 | 8/11 | 9/11 | 10/11 | 11/11 | 12/11 |
| 4.3% | 4.1% | 3.9% | 3.5% | 4.0% | 4.9% | 5.3% | 5.1% | 4.4% | 4.1% | 4.0% | 4.0% |
| 1/12 | 2/12 | 3/12 | 4/12 | 5/12 | 6/12 | 7/12 | 8/12 | 9/12 | 10/12 | 11/12 | 12/12 |
| 4.2% | 4.1% | 4.0% | 3.5% | 4.0% | 4.8% | 5.5% | 5.2% | 4.3% | 3.9% | 3.5% | 3.8% |
| 1/13 | 2/13 | 3/13 | 4/13 | 5/13 | 6/13 | 7/13 | 8/13 | 9/13 | 10/13 | 11/13 | 12/13 |
| 3.8% | 3.8% | 3.6% | 3.4% | 3.3% | 4.6% | 4.7% | 4.0% | 3.6% | 3.1% | 2.9% | 2.7% |
| 1/14 | 2/14 | 3/14 | 4/14 | 5/14 | 6/14 | 7/14 | 8/14 | 9/14 | 10/14 | 11/14 | 12/14 |
| 2.9% | 3.0% | 3.1% | 2.6% | 2.9% | 4.0% | 4.1% | 3.9% | 3.1% | 2.7% | 2.9% | 2.8% |
| 1/15 | 2/15 | 3/15 | 4/15 | 5/15 | 6/15 | 7/15 | 8/15 | 9/15 | 10/15 | 11/15 | 12/15 |
| 2.9% | 2.7% | 2.2% | 2.3% | 2.1% | 3.2% | 3.6% | 3.3% | 2.4% | 2.2% | 2.2% | 2.1% |
| 1/16 | 2/16 | 3/16 | 4/16 | 5/16 | 6/16 | 7/16 | 8/16 | 9/16 | 10/16 | 11/16 | 12/16 |
| 2.4% | 2.2% | 2.3% | 1.8% | 2.0% | 3.1% | 3.4% | 3.5% | 2.6% | 2.4% | 2.2% | 2.1% |
| 1/17 | 2/17 | 3/17 | 4/17 | 5/17 | 6/17 | 7/17 | 8/17 | 9/17 | 10/17 | 11/17 | 12/17 |
| 2.2% | 1.9% | 1.8% | 1.8% | 2.0% | 2.6% | 3.3% | 3.1% | 2.3% | 2.2% | 2.0% | 2.1% |
| 1/18 | 2/18 | 3/18 | 4/18 | 5/18 | 6/18 | 7/18 | 8/18 | 9/18 | 10/18 | 11/18 | 12/18 |
| 2.3% | 2.0% | 2.1% | 1.8% | 1.7% | 2.8% | 2.8% | 2.9% | 2.0% | 1.9% | 2.1% | 2.1% |
| 1/19 | 2/19 | 3/19 | 4/19 | 5/19 | 6/19 | 7/19 | 8/19 | 9/19 | 10/19 | 11/19 | 12/19 |
| 2.4% | 2.0% | 1.9% | 1.8% | 1.8% | 2.7% | 2.9% | 2.6% | 2.1% | 1.8% | 1.9% | 1.7% |
| 1/20 | 2/20 | 3/20 | 4/20 | 5/20 | 6/20 | 7/20 | 8/20 | 9/20 | 10/20 | 11/20 | 12/20 |
| 2.1% | 1.8% | 2.6% | 8.8% | 7.7% | 7.7% | 7.6% | 6.1% | 4.3% | 3.3% | 3.5% | 3.2% |
| 1/21 | 2/21 | 3/21 | 4/21 | 5/21 | 6/21 | 7/21 | 8/21 | 9/21 | 10/21 | 11/21 | 12/21 |
| 3.5% | 3.1% | 2.9% | 3.0% | 2.8% | 3.8% | 3.9% | 3.4% | 2.4% | 2.1% | 1.8% | 1.6% |
| 1/22 | 2/22 | 3/22 | 4/22 | 5/22 | 6/22 | 7/22 | 8/22 | 9/22 | 10/22 | 11/22 | 12/22 |
| 2.5% | 2.2% | 1.6% | 1.6% | 1.7% | 2.6% | 3.0% | 2.8% | 1.9% | 1.9% | 1.7% | 1.6% |
| 1/23 | 2/23 | 3/23 | 4/23 | 5/23 | 6/23 | 7/23 | 8/23 | 9/23 | 10/23 | 11/23 | 12/23 |
| 2.1% | 1.9% | 1.8% | 1.4% | 1.7% | 2.5% | 2.8% | 2.7% | 2.0% | 2.1% | 1.9% | 1.7% |
| 1/24 | 2/24 | 3/24 | 4/24 | 5/24 | 6/24 | 7/24 | 8/24 | 9/24 | 10/24 | 11/24 | 12/24 |
| 2.1% | 2.1% | 2.1% | 1.6% | 1.9% | 2.9% | 3.3% | 3.2% |
Sales & Related – Unemployment Rate
| 1/08 | 2/08 | 3/08 | 4/08 | 5/08 | 6/08 | 7/08 | 8/08 | 9/08 | 10/08 | 11/08 | 12/08 |
| 5.2% | 5.2% | 4.8% | 4.3% | 5.1% | 5.6% | 6.2% | 6.3% | 5.7% | 6.1% | 6.5% | 7.0% |
| 1/09 | 2/09 | 3/09 | 4/09 | 5/09 | 6/09 | 7/09 | 8/09 | 9/09 | 10/09 | 11/09 | 12/09 |
| 7.7% | 8.4% | 8.9% | 8.6% | 8.9% | 9.1% | 8.3% | 8.7% | 8.9% | 9.5% | 9.1% | 8.9% |
| 1/10 | 2/10 | 3/10 | 4/10 | 5/10 | 6/10 | 7/10 | 8/10 | 9/10 | 10/10 | 11/10 | 12/10 |
| 10.1% | 10.2% | 9.7% | 9.2% | 9.6% | 9.4% | 10.1% | 9.0% | 9.4% | 9.1% | 8.8% | 8.3% |
| 1/11 | 2/11 | 3/11 | 4/11 | 5/11 | 6/11 | 7/11 | 8/11 | 9/11 | 10/11 | 11/11 | 12/11 |
| 9.3% | 9.0% | 8.5% | 8.5% | 9.4% | 9.7% | 9.4% | 8.6% | 9.4% | 8.2% | 7.8% | 7.7% |
| 1/12 | 2/12 | 3/12 | 4/12 | 5/12 | 6/12 | 7/12 | 8/12 | 9/12 | 10/12 | 11/12 | 12/12 |
| 8.2% | 7.9% | 8.1% | 7.6% | 7.9% | 8.4% | 8.3% | 8.6% | 7.9% | 7.0% | 7.3% | 7.0% |
| 1/13 | 2/13 | 3/13 | 4/13 | 5/13 | 6/13 | 7/13 | 8/13 | 9/13 | 10/13 | 11/13 | 12/13 |
| 8.5% | 8.2% | 7.7% | 6.9% | 7.1% | 6.7% | 6.9% | 7.2% | 7.5% | 7.3% | 7.0% | 6.3% |
| 1/14 | 2/14 | 3/14 | 4/14 | 5/14 | 6/14 | 7/14 | 8/14 | 9/14 | 10/14 | 11/14 | 12/14 |
| 7.1% | 7.7% | 6.8% | 5.8% | 6.8% | 6.1% | 6.2% | 5.6% | 5.4% | 5.2% | 5.3% | 5.0% |
| 1/15 | 2/15 | 3/15 | 4/15 | 5/15 | 6/15 | 7/15 | 8/15 | 9/15 | 10/15 | 11/15 | 12/15 |
| 5.8% | 5.2% | 5.8% | 5.5% | 5.8% | 5.6% | 5.8% | 5.4% | 5.6% | 5.3% | 5.1% | 4.3% |
| 1/16 | 2/16 | 3/16 | 4/16 | 5/16 | 6/16 | 7/16 | 8/16 | 9/16 | 10/16 | 11/16 | 12/16 |
| 5.0% | 4.4% | 4.4% | 5.2% | 5.1% | 4.9% | 4.9% | 4.8% | 5.2% | 4.4% | 4.6% | 4.6% |
| 1/17 | 2/17 | 3/17 | 4/17 | 5/17 | 6/17 | 7/17 | 8/17 | 9/17 | 10/17 | 11/17 | 12/17 |
| 5.2% | 4.3% | 3.9% | 4.2% | 4.5% | 4.8% | 4.2% | 4.2% | 3.7% | 4.0% | 4.1% | 3.8% |
| 1/18 | 2/18 | 3/18 | 4/18 | 5/18 | 6/18 | 7/18 | 8/18 | 9/18 | 10/18 | 11/18 | 12/18 |
| 4.6% | 4.5% | 4.5% | 4.1% | 4.2% | 4.4% | 4.0% | 3.5% | 4.0% | 3.6% | 3.7% | 3.6% |
| 1/19 | 2/19 | 3/19 | 4/19 | 5/19 | 6/19 | 7/19 | 8/19 | 9/19 | 10/19 | 11/19 | 12/19 |
| 4.5% | 5.0% | 4.6% | 3.9% | 3.6% | 3.4% | 3.2% | 3.8% | 3.6% | 3.4% | 3.3% | 3.3% |
| 1/20 | 2/20 | 3/20 | 4/20 | 5/20 | 6/20 | 7/20 | 8/20 | 9/20 | 10/20 | 11/20 | 12/20 |
| 4.5% | 4.2% | 4.3% | 17.1% | 16.2% | 13.3% | 10.9% | 8.6% | 8.9% | 7.0% | 6.3% | 5.3% |
| 1/21 | 2/21 | 3/21 | 4/21 | 5/21 | 6/21 | 7/21 | 8/21 | 9/21 | 10/21 | 11/21 | 12/21 |
| 6.6% | 6.6% | 6.3% | 6.3% | 6.4% | 6.0% | 6.0% | 5.5% | 5.2% | 4.5% | 4.2% | 3.6% |
| 1/22 | 2/22 | 3/22 | 4/22 | 5/22 | 6/22 | 7/22 | 8/22 | 9/22 | 10/22 | 11/22 | 12/22 |
| 4.2% | 3.6% | 4.3% | 4.1% | 4.2% | 4.1% | 4.1% | 4.0% | 3.8% | 3.4% | 3.3% | 3.4% |
| 1/23 | 2/23 | 3/23 | 4/23 | 5/23 | 6/23 | 7/23 | 8/23 | 9/23 | 10/23 | 11/23 | 12/23 |
| 4.4% | 4.0% | 3.7% | 3.0% | 4.0% | 4.0% | 3.7% | 3.9% | 4.1% | 3.9% | 3.7% | 4.4% |
| 1/24 | 2/24 | 3/24 | 4/24 | 5/24 | 6/24 | 7/24 | 8/24 | 9/24 | 10/24 | 11/24 | 12/24 |
| 4.5% | 4.7% | 4.7% | 3.6% | 3.8% | 4.5% | 4.6% | 4.6% |
| 1/20 | 2/20 | 3/20 | 4/20 | 5/20 | 6/20 | 7/20 | 8/20 | 9/20 | 10/20 | 11/20 | 12/20 |
| 4.5% | 4.2% | 4.3% | 17.1% | 16.2% | 13.3% | 10.9% | 8.6% | 8.9% | 7.0% | 6.3% | 5.3% |
| 1/21 | 2/21 | 3/21 | 4/21 | 5/21 | 6/21 | 7/21 | 8/21 | 9/21 | 10/21 | 11/21 | 12/21 |
| 6.6% | 6.6% | 6.3% | 6.3% | 6.4% | 6.0% | 6.0% | 5.5% | 5.2% | 4.5% | 4.2% | 3.6% |
| 1/22 | 2/22 | 3/22 | 4/22 | 5/22 | 6/22 | 7/22 | 8/22 | 9/22 | 10/22 | 11/22 | 12/22 |
| 4.2% | 3.6% | 4.3% | 4.1% | 4.2% | 4.1% | 4.1% | 4.0% | 3.8% | 3.4% | 3.3% | 3.4% |
| 1/23 | 2/23 | 3/23 | 4/23 | 5/23 | 6/23 | 7/23 | 8/23 | 9/23 | 10/23 | 11/23 | 12/23 |
| 4.4% | 4.0% | 3.7% | 3.0% | 4.0% | 4.0% | 3.7% | 3.9% | 4.1% | 3.9% | 3.7% | 4.4% |
| 1/24 | 2/24 | 3/24 | 4/24 | 5/24 | 6/24 | 7/24 | 8/24 | 9/24 | 10/24 | 11/24 | 12/24 |
| 4.5% | 4.7% | 4.7% | 3.6% | 3.8% | 4.5% | 4.6% | 4.6% |