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BLS Analysis for Recruiters – September 2025 – 10/3/25

Bob Marshall’s September 2025 BLS Analysis for Recruiters; 10/3/25

September BLS Coaching Preface

*Be sure to visit our New Website @ www.themarshallplan.org

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—Bob


THE PHONE RANG

All of the edition formats are available

“I received your book and am about 1/3rd of the way through it.

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I do want to re-hire you. So, my plan is that after I finish your book I am going to start recruiting again and make some money so that I can engage you again. I know I would do better with a coach.

Again, the book is just wonderful.”

September Business Articles

Most US jobs will be moderately impacted by generative AI

SIA, Craig Johnson, September 26, 2025

Most US jobs will be at least moderately impacted by generative AI, according to a report from Indeed Hiring Lab. However, about a quarter of jobs, 26%, are highly exposed with core tasks being reshaped, while 54% are moderately exposed and 20% are in areas where AI has limited impact — such as nursing and childcare. 

The report noted that nearly half of skills in the typical US job are poised for deep transformation. In the average US job, 44% of skills are “hybrid transformation,” wherein generative AI will take on routine tasks while humans provide oversight, judgment and problem solving. In addition, 12% of skills are “assisted transformation,” wherein humans take the lead on tasks and AI supports. 

Software development is the job category with the highest impact from generative AI, with 81% of skills in a “hybrid transformation.” Nursing is lowest, with 68% of skills subject to minimal transformation. 

“The core of the nursing profession — including skills from the patient care, patient care settings and specialization, and caregiving skill families — requires physical presence, emotional intelligence, and real-time human decision-making,” according to the report. “These areas fall firmly within the category of ‘minimal transformation.’” 

Still, generative AI may have the ability to redistribute nurses’ workload, freeing up more time for patient-facing care, according to the report. Healthcare employers likely won’t reduce staff, but they may use AI where it improves task allocation.  

The report also noted that a majority of jobs, 54%, may face moderate transformation. 

“These jobs may not be radically redefined overnight, but are positioned to evolve meaningfully under the right conditions as GenAI adoption rises,” according to the report. 

Indeed Hiring Labs’ report also noted that few jobs will be fully replaced by AI. It found that 19 skills, or 0.7% of all skills, are now rated “very likely” to be fully replaced by AI. 

Working-age population to shrink in most countries by 2040: WEC

SIA, Danny Romero, September 19, 2025

By 2040, 4 out of 5 countries will see a slowing growth in their working-age population, and 3 out of 10 will see an outright decline, according to the World Employment Confederation’s Social Impact Report.

The report largely draws on extensive research, data, and insights provided by Lightcast and Staffing Industry Analysts (SIA).

“WEC’s 2025 Social Impact Report comes at an important moment as labor markets and the intermediaries that operate within them are faced with profound change,” John Nurthen, Executive Director of Global Research at SIA, said in the report. “Fragile employment growth has been exacerbated by geopolitical tensions, escalating protectionism, technological disruption, skills mismatches and labor supply pressures. SIA is very pleased to contribute to the insights within WEC’s report to help raise awareness of the important trends reshaping the HR services landscape.” 

WEC’s report highlighted four trends that are affecting workforce dynamics, from the demographic drift and skills shortfall to digital disruption and the elusive economy.

The demographic drift trend in the report noted that the proportion of people over 65 is already rising everywhere, especially in the developed countries. At the same time, low birth rates and reduced immigration create a further squeeze, especially in the developed economies.

“Generational diversity is a force for the future, and embracing flexible workforce solutions is a proactive strategy to turn it from a challenge into an opportunity,” Bettina Schaller, president of the World Employment Confederation, said in a press release. “Encouraging labor market participation across all age groups is essential – but it must be done sustainably. Without policy innovation, the shift toward flexible work risks becoming uneven across regions, sectors, and social groups, exacerbating inequalities.”

In terms of the skills shortfall, the report noted that on average, each occupation has seen one-third of its skills changed between 2021 and 2024. In the top quartile of most changed occupations, this figure rose to 75%. The pace of change is also accelerating as the past three years have seen as much evolution in skill demand as the preceding five. At the same time, generational shifts are causing the erosion of knowledge transfer, the report showed.

“This rapid shift places immense pressure on both workers and employers to continuously adapt, reskill, and realign,” the report stated.

The WEC pointed to a 2025 Lightcast analysis of Fortune 1000 companies which highlighted that sectors such as healthcare, hospitality, construction, and services are particularly at risk and warned that over 85 million jobs could go unfilled globally by 2030.

In terms of the digital disruption trend, the report showed that more occupational job advertisements require at least one AI-related skill, and the trend indicates exponential growth going forward.

“Ensuring that all employees maintain relevant, up-to-date skills is essential for organizational resilience,” the WEC stated.

As for the elusive economy trend, the report highlighted that many organizations have responded by pausing recruitment or delaying expansion plans, while simultaneously contending with persistent talent shortages and evolving skills requirements.

“With labor markets changing at lightning speed, wait-and-see is no longer an option. Demographic shifts, AI, and global instability are reshaping both who is going to do the work and the skills needed. That’s why the insights in this report are essential to help policymakers and the staffing industry prepare for the future of work,” Elena Magrini, head of global research at Lightcast said.

The report also found that the HR services industry has been stepping up, from a provider of talent solutions to a strategic partner helping organizations navigate complexity and turn generational diversity into a competitive advantage.

Majority of firms are using AI to automate tasks, Anthropic reports

Bloomberg News, September 15, 2025

Businesses are overwhelmingly relying on Anthropic’s artificial intelligence software to automate rather than collaborate on work, according to a new report from the OpenAI rival, adding to the risk that AI will upend livelihoods.

More than three quarters (77%) of companies’ usage of Anthropic’s Claude AI software involved automation patterns, often including “full task delegation,” according to a research report the startup released on Monday. The finding was based on an analysis of traffic from Anthropic’s application programming interface, which is used by developers and businesses.

Anthropic is one of the leading firms selling AI tools to companies with the goal of helping to speed up software development, research and writing, among other tasks. But the technology has sparked concerns about potential mass layoffs and worker displacement — a risk Anthropic also highlights in the report.

Peter McCrory, head of economics at Anthropic, said it’s not clear whether the increase in automation detailed in the report is due to “new model capabilities that are expanding the set of things that get automated, or if it’s people being more comfortable with large language models and becoming more willing to delegate certain tasks to Claude.”

Figuring out which of those two is driving the shift “is an important area of research for the future,” he said.

On the whole, Anthropic found businesses primarily use Claude for administrative tasks and coding, the latter of which has been a key focus for the company and much of the AI industry. Anthropic, OpenAI and other AI developers have released more sophisticated AI tools that can write and debug code on a user’s behalf.

Anthropic Chief Executive Officer Dario Amodei has previously issued particularly dire predictions, claiming AI could wipe out 50% of entry-level jobs and that people should stop “sugarcoating” what lies ahead.

Asked whether the report reinforces Amodei’s prediction, Anthropic’s head of external affairs, Sarah Heck, said, “We don’t know. This data shows something new is happening.”

Employers to take cautious approach to hiring in Q4

SIA, Craig Johnson, September 9, 2025

Employers around world plan to take a cautious approach to hiring in the fourth quarter while many keeping the workers they have, according to the ManpowerGroup Employment Outlook survey by ManpowerGroup.

The survey included more than 40,000 companies across 42 countries and took place from July 1 to July 31.

It found that 45% of employers plan to maintain their current workforce levels — the highest percentage since early 2022. It also found 38% plan to add staff while 15% expect reductions for a net employment outlook of 23% — down one point from the third quarter and down two points year over year.

“We continue to see underlying stability with cautious outlooks into Q4 in many labor markets as employers hold onto their skilled workers and take a targeted approach to hiring the specialized skills that will give them the competitive edge in the months ahead,” Chair and CEO Jonas Prising said in a press release.

Prising continued, “This isn’t simply about hiring less, it’s about hiring more selectively, maintaining organizational resilience, and shaping workforces that can adapt to a changing environment.”

Of those firms that are hiring, 39% cited business expansion as the reason. However, employers are increasingly focused on specific capabilities rather than broad workforce growth. The report found that 24% planned to hire with a focus specifically on technological advancement. The percentage was higher in India at 36% and China at 37%. In comparison, it was 27% in both the US and UK.

The report also noted that 46% of employers cited attracting qualified candidates as their biggest hurdle.

For those companies reducing staff, 33% cited economic uncertainty as the reason.

ManpowerGroup also reported hiring plans regionally:

Asia Pacific. This region led globally with an outlook of 30%, unchanged quarter over quarter and strengthening four points year over year. This result extends APAC’s position as the strongest region for hiring — a trend largely sustained since early 2021. India (40%) leads regional confidence, ranking second globally, while China (34%) continues to show strong hiring intentions. Hong Kong (6%) remains the most cautious in the region.

The Americas. Hiring intentions in the Americas, which posted the second-strongest outlook at 25%, were weaker by three points both quarter over quarter and year over year. Historically, the Americas region sits between APAC and Europe and the Middle East in hiring strength, though it briefly led all regions in 2021-2022 as the post-pandemic recovery accelerated. Brazil (36%), Costa Rica (35%) and the US (28%) report the strongest regional hiring intentions while Argentina reports the weakest global outlook at 5%.

Europe and the Middle East. Employers in this region report the lowest global hiring expectations at 18%, flat quarter over quarter but down four points year over year. The region has consistently trailed APAC and the Americas for most of the past four years, reflecting ongoing macroeconomic uncertainty. The United Arab Emirates leads the region at 45%, followed by Ireland (29%) and the Netherlands (28%). Meanwhile, the UK (11%) and France (13%) continue to face challenges with Hungary (8%) and Romania (9%) posting the weakest outlooks.

US payrolls cut by 911,000 in benchmark revision

Bloomberg News, September 9, 2025

US job growth was far less robust in the year through March than previously reported, adding to mounting pressure on the Federal Reserve to lower interest rates.

The number of workers on payrolls will likely be revised down by 911,000, or 0.6%, according to the government’s preliminary benchmark revision out Tuesday. That’s the largest markdown since at least 2000. The final figures are due early next year.

Before the report, the government’s payrolls data indicated employers added nearly 1,800,000 total jobs in the year through March on a non-seasonally adjusted basis, or an average of 149,000 per month. The revision released Tuesday showed average monthly job growth was roughly half that.

The Bureau of Labor Statistics adjustment indicates the labor market slowdown in recent months followed an extended period of more moderate job growth that may lay the groundwork for a series of interest-rate cuts beginning next week. Fed Chair Jerome Powell recently acknowledged risks to the job market have increased, and two of his colleagues preferred to lower borrowing costs in July. 

Traders widely expect central bankers to cut rates at the conclusion of their 2-day meeting on Sept. 17. Treasury yields rose, while the S&P 500 fluctuated.

While benchmark revisions are carried out every year, they’ve garnered added attention this year with investors and Fed watchers looking for any signs that the labor market may be slowing faster than previously thought. The adjustments have also spilled into politics, where President Donald Trump has previously lambasted revisions to jobs data.

Payrolls were marked down in nearly every industry. Combined payrolls at wholesale and retail establishments led the downward revision, followed by leisure and hospitality. Professional and business services as well as manufacturing were also notably marked down.

Political Ire

Sizable adjustments to monthly job data sparked outrage at the White House and led to Trump’s dismissal of the head of the BLS in August. Last year, Trump took aim at former President Joe Biden, calling into question the integrity of his administration and its economic record after a similarly large downward revision in the 2024 preliminary benchmark revision.

Though Trump has been critical of revisions, both the monthly and benchmark adjustments are part of a routine process of updating estimates as more data become available. Adjustments have been bigger than usual in recent years, which some economists attribute to unique post-pandemic dynamics.

Several economists said the initial payrolls data may have been impacted by a number of factors, including adjustments for the creation and closure of businesses and how unauthorized immigrant workers are counted.

The BLS compiles each monthly employment report from two surveys. The benchmark revisions pertain to payrolls, which are gathered through a survey of businesses. They don’t affect the unemployment rate, which is derived from a survey of households.

Once a year, the BLS benchmarks the March payrolls level to a more accurate but less timely data source called the Quarterly Census of Employment and Wages that’s based on state unemployment insurance tax records and covers nearly all US jobs. 

The preliminary figure applies to the total level of payrolls in March 2025. The final numbers, which are released with the employment report due next February, will break out the revisions by each month.

For most of the recent years, initial monthly payroll data have been stronger than the QCEW figures. Some economists attribute that in part to the so-called birth-death model — an adjustment the BLS makes to the data to account for the net number of businesses opening and closing — but that might be off in the post-pandemic world.

Others have argued there’s another reason behind that discrepancy: immigration. Because the QCEW report is based on unemployment insurance records — which undocumented immigrants can’t apply to — the data are likely to have stripped out up thousands of unauthorized workers that were included in the initial payroll estimates.

ADP National Employment Report: Private Sector Employment Shed 32,000 Jobs in September;

{by Industry <-31,000>; by Region <-24,000>; and by Company size <-27,000> (editor note …“Why are these not the same…I don’t understand either?}

Annual Pay was Up 4.5%

ROSELAND, N.J. – October 1, 2025

Private sector employment shed 32,000 jobs in September and pay was up 4.5% year-over-year, according to the September ADP National Employment Report® produced by ADP Research in collaboration with the Stanford Digital Economy Lab (“Stanford Lab”).

The ADP National Employment Report is an independent measure of the labor market based on anonymized weekly payroll data of more than 26,000,000 private-sector employees in the United States.

ADP’s Pay Insights captures nearly 14,800,000 individual pay change observations each month. Together, the jobs report and pay insights use ADP’s fine-grained data to provide a representative and high-frequency picture of the private-sector labor market.

* The number of jobs created in August 2025 was revised from 54,000 to -3,000. ADP’s full-year benchmarking will take place in February 2026 with the publication of the January 2026 National Employment Report.

“Despite the strong economic growth we saw in the second quarter, this month’s release further validates what we’ve been seeing in the labor market, that U.S. employers have been cautious with hiring,” said Dr. Nela Richardson, chief economist, ADP.

JOBS REPORT

Private employers shed 32,000 jobs in September. ADP conducted its annual preliminary re-benchmarking of the National Employment Report in September based on the full-year 2024 results of the Quarterly Census of Employment and Wages. This recalibration resulted in a reduction of 43,000 jobs in September compared to pre-benchmarked data. The trend was unchanged; job creation continued to lose momentum across most sectors.

Change in U.S. Private Employment: <-32,000>

Change by Industry

Goods-producing: <-3,000>

Natural resources/mining 4,000

Construction <-5,000>

Manufacturing <-2,000>

Service-providing: <-28,000>

Trade/transportation/utilities <-7,000>

Information 3,000

Financial activities <-9,000>

Professional/business services <-13,000>

Education/health services 33,000

Leisure/hospitality <-19,000>

Other services <-16,000>

Change by U.S. Regions

Northeast: 21,000

New England 2,000

Middle Atlantic 19,000

Midwest: <-63,000>

East North Central <-67,000>

West North Central 4,000

South: 3,000

South Atlantic 5,000

East South Central <-18,000>

West South Central 16,000

West: 15,000

Mountain <-6,000>

Pacific 21,000

Change by Establishment Size

Small establishments: <-40,000>

1-19 employees <-19,000>

20-49 employees <-21,000>

Medium establishments: <-20,000>

50-249 employees <-11,000>

250-499 employees <-9,000>

Large establishments: 33,000

500+ employees 33,000

PAY INSIGHTS

September pay gains were steady for job-stayers

Year-over-year pay growth for job-stayers was little changed in September at 4.5%.

Pay gains for job-changers slowed to 6.6% from 7.1% in August, led by leisure and hospitality and financial activities.

Median Change in Annual Pay

Job-Stayers 4.5%

Job-Changers 6.6%

Median Change in Annual Pay for Job-Stayers by Industry

Goods-producing:

Natural resources/mining 4.3%

Construction 4.5%

Manufacturing 4.7%

Service-providing:

Trade/transportation/utilities 4.3%

Information 4.3%

Financial activities 5.2%

Professional/business services 4.2%

Education/health services 4.4%

Leisure/hospitality 4.5%

Other services 4.1%

Median Change in Annual Pay for Job-Stayers by Firm Size

Small firms:

1-19 employees 2.7%

20-49 employees 4.0%

Medium firms:

50-249 employees 4.7%

250-499 employees 4.8%

Large firms:

500+ employees 4.8%

The October 2025 ADP National Employment Report will be released on November 5, 2025, at 8:15 a.m. ET.

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 – August 2025

September 30th, 2025                     

The number of job openings was unchanged at 7,200,000 in August, the U.S. Bureau of Labor Statistics reported today. Over the month, both hires and total separations were little changed at 5,100,000. Within separations, both quits (3,100,000) and layoffs and discharges (1,700,000) were little changed. 

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 include all positions that are open on the last business day of the month. Hires and separations include all changes to the payroll during the entire month.

Job Openings

The number and rate of job openings were unchanged at 7,200,000 and 4.3%, respectively, in August. The number of job openings decreased in construction (-115,000) and in federal government (-61,000).

Hires

In August, the number and rate of hires were little changed at 5,100,000 and 3.2%, respectively. Hires were little changed in all industries.

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.

In August, the number and rate of total separations were little changed at 5,100,000 and 3.2%, respectively. The number of total separations decreased in accommodation and food services (-113,000) and in arts, entertainment, and recreation (-48,000). Total separations increased in state and local government, excluding education (+27,000).

In August, the number and rate of quits were little changed at 3,100,000 and 1.9%, respectively. The number of quits decreased in accommodation and food services

(-140,000) and in arts, entertainment, and recreation (-22,000). Quits increased in construction (+56,000).

The number of layoffs and discharges in August was little changed at 1,700,000 and the rate remained unchanged at 1.1%. Layoffs and discharges decreased in wholesale trade

(-36,000) and in federal government (-4,000).

The number of other separations was little changed at 295,000 in August.

Establishment Size Class

In August, establishments with 1 to 9 employees and establishments with 5,000 or more employees showed little or no change in job openings, hires, and separations rates.

July 2025 Revisions

The number of job openings for July was revised up by 27,000 to 7,200,000, the number of hires was revised down by 68,000 to 5,200,000, and the number of total separations was revised down by 68,000 to 5,200,000. Within separations, the number of quits was revised down by 42,000 to 3,200,000, and the number of layoffs and discharges was revised down by 21,000 to 1,800,000. (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 September 2025 are scheduled to be released on Tuesday, November 4, 2025, at 10:00 a.m. (ET).

As we recruiters know, that 7,200,000 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 7,200,000 published job openings now become a total of 36,000,000 published and hidden job orders.

Online Labor Demand Increased in August 2025

September 10, 2025

The Conference Board−Lightcast Help Wanted OnLine® (HWOL) Index increased in August 2025 to 110.9 (July 2018=100), up from a downwardly revised 109.7 in July. The 1.0% increase between August and July followed a 2.4% decrease between July and June. Overall, the Index is down 5.1% 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, 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

The June 2025 data release reflects an update to our job board coverage as a few job boards made changes to their access policy. To minimize any impact, and improve and supplement our job board coverage, we have broadened and updated our job board coverage.

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 April 2025 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 and the Geographical 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.

Those using this data are urged to review the information on the database and methodology available on The Conference Board website and contact us with questions and comments.

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 September 2025 is Wednesday, October 8, 2025

U-6 Update

In September 2025, the regular unemployment rate rose to 4.3% and the broader U-6 measure rose to 8.1%.

The above 8.1% 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 September U-6 numbers for the previous 22 years:

September                   2024                            7.7%

September                  2023                            7.0%

September                   2022                            6.7%

September                  2021                            8.5%

September                   2020                            12.8%

September                   2019                            6.9%

September                   2018                            7.5%

September                   2017                            8.3%

September                   2016                            9.7%

September                  2015                            10.0%

September                   2014                            11.7%

September                   2013                            13.6%

September                   2012                            14.7%

September                   2011                            16.4%

September                   2010                            17.1%

September                   2009                            17.0%

September                   2008                            11.2%

September                   2007                            8.4%

September                   2006                            8.0%

September                  2005                            9.0%

September                   2004                            9.4%

September                   2003                            10.4%

The SEPTEMBER 2025 BLS Analysis

Total nonfarm payroll employment changed little in August (+22,000) and has shown little change since April. The unemployment rate at 4.3%, also changed little in August, the U.S. Bureau of Labor Statistics reported today. A job gain in health care was partially offset by losses in federal government and in mining, quarrying, and oil and gas extraction.
 
The change in total nonfarm payroll employment for June was revised down by 27,000, from +14,000 to -13,000, and the change for July was revised up by 6,000, from +73,000 to +79,000. With these revisions, employment in June and July combined is 21,000 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 5th, 2025, the BLS published the most recent unemployment rate for August 2025 of 4.3% (actually, it is 4.324% up by .076% from 4.248% in July).

The unemployment rate was determined by dividing the unemployed of 7,384,000

(–up from the month before by 148,000—since August 2024, this number has increased by 313,000) by the total civilian labor force of 170,778,000 (up by 436,000 from July 2025).  Since August 2024, our total civilian labor force has increased by 2,282,000 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 274,001,000.  This is an increase of 216,000 from last month’s increase of 200,000.  In one year, this population has increased by 5,145,000.  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 2025by216,000
Up from June 2025by200,000
Up from May 2025by200,000
Up from April 2025by188,000
Up from March 2025by174,000
Up from February 2025by176,000
Up from January 2025by162,000
Up from December 2024by3,047,000
Up from November 2024by175,000
Up from October 2024by174,000
Up from September 2024by209,000
Up from August 2024by224,000
Up from July 2024by212,000
Up from June 2024by206,000
Up from May 2024by190,000
Up from April 2024by182,000
Up from March 2024by182,000
Up from February 2024by173,000
Up from January 2024by171,000
Down from December 2023by451,000
Up from November 2023by169,000
Up from October 2023by180,000
Up from September 2023by214,000
Up from August 2023by215,000
Up from July 2023by211,000
Up from June 2023by152,000
Up from May 2023by183,000
Up from April 2023by175,000
Up from March 2023by171,000
Up from February 2023by160,000
Up from January 2023by150,000
Up from December 2022by1,118,000
Up from November 2022by136,000
Up from October 2022by173,000
Up from September 2022by179,000
Up from August 2022by172,000

Subtract the ‘civilian labor force’ from the ‘civilian noninstitutional population’) and you get 103,223,000 ‘Not in Labor Force’—down by 220,000 from last month’s 103,443,000.  In one year, this NILF population has increased by 2,863,000.  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—rose to 62.3%.  This rate is .1% lower 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 48 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 2.7% (this rate was .3% lower than last month’s 3.0%).  Or you can look at it another way.  We usually place people who have college degrees.  That unemployment rate in August was 2.7% (this rate was the same as last month’s 2.7%).

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 September 25th, the real gross domestic product (GDP) increased at an annual rate of 3.8% in the second quarter of 2025 (April, May, and June), according to the “third” estimate released by the Bureau of Economic Analysis. In the first quarter real GDP decreased 0.6% (revised).

The increase in real GDP in the second quarter primarily reflected a decrease in imports, which are a subtraction in the calculation of GDP, and an increase in consumer spending. These movements were partly offset by decreases in investment and exports.

Real GDP was revised up 0.5% from the second estimate, primarily reflecting an upward revision to consumer spending.

Compared to the first quarter, the upturn in real GDP in the second quarter primarily reflected a downturn in imports and an acceleration in consumer spending that were partly offset by a downturn in investment.

Real final sales to private domestic purchasers, the sum of consumer spending and gross private fixed investment, increased 2.9% in the second quarter, revised up 1.0% from the previous estimate.

From an industry perspective, the increase in real GDP reflected increases of 10.2% in real value added for private goods-producing industries and 3.5% for private services-producing industries that were partly offset by a decrease of 3.2% in real value added for government.

Real gross output increased 1.2% in the second quarter, reflecting increases of 0.6% for private goods-producing industries and 1.7% for private services-producing industries that were partly offset by a decrease of 0.7% for government.

The price index for gross domestic purchases increased 2.0% in the second quarter, revised up 0.2% from the previous estimate. The personal consumption expenditures (PCE) price index increased 2.1%, revised up 0.1%. Excluding food and energy prices, the PCE price index increased 2.6%, also revised up 0.1%.

Real gross domestic income (GDI) increased 3.8% in the second quarter, revised down 1.0% from the previous estimate. The average of real GDP and real GDI increased 3.8%, revised down 0.2%.

Profits from current production (corporate profits with inventory valuation and capital consumption adjustments) increased $6.8 billion in the second quarter, a downward revision of $58.7 billion.

Annual Update of the National Economic Accounts

Today’s release presents results from the 2025 annual update of the National Economic Accounts, which include the National Income and Product Accounts and the Industry Economic Accounts. The update covered the first quarter of 2020 through the first quarter of 2025 and resulted in revisions to GDP, GDP by industry, GDI, and their major components. The reference year remains 2017.

The updated estimates show that real GDP increased at an average annual rate of 2.4% from 2019 to 2024, the same as previously published. Over the same period, real GDI increased at an average annual rate of 2.3%, also the same as previously published. The average of real GDP and real GDI over the same period was 2.4%, 0.1% higher than previously published.

For the period of economic contraction from the fourth quarter of 2019 through the second quarter of 2020, real GDP decreased at an annual rate of 17.4%, revised up 0.1%. For the period of economic expansion from the second quarter of 2020 through the first quarter of 2025, real GDP increased at an annual rate of 4.5%, the same as previously published.

Updates for the First Quarter of 2025

For the first quarter of 2025, real GDP is now estimated to have decreased 0.6%, a downward revision of 0.1% from the previously published estimate, reflecting downward revisions to investment, government spending, and exports that were partly offset by an upward revision to consumer spending. Imports were revised up.

Real final sales to private domestic purchasers is now estimated to have increased 1.9% in the first quarter, the same as previously published.

From an industry perspective, real value added for private goods-producing industries is now estimated to have decreased 5.9% in the first quarter, a downward revision of 3.1%. Private services-producing industries increased 0.4%, an upward revision of 0.7%. Government increased 1.2%, a downward revision of 0.8%.

Real gross output is now estimated to have increased 0.6%, the same as previously published. Private goods-producing industries decreased 0.9%, a downward revision of 0.3%. Private services-producing industries increased 1.3%, an upward revision of 0.2%. Government decreased 0.8%, a downward revision of 0.2%.

The price index for gross domestic purchases is now estimated to have increased 3.1% in the first quarter, a downward revision of 0.3%. The PCE price index increased 3.4%, also revised down 0.3%. Excluding food and energy, the PCE price index increased 3.3%, revised down 0.2%.

Real GDI is now estimated to have increased 1.0% in the first quarter; in the previously published estimates, first-quarter GDI was estimated to have increased 0.2%. The leading contributors to the upward revision were corporate profits, based primarily on updated data from the Census Bureau’s Quarterly Financial Report, and compensation, based primarily on new first-quarter wage and salary estimates from the Bureau of Labor Statistics’ Quarterly Census of Employment and Wages. The average of real GDP and real GDI is now estimated to have increased 0.2% in the first quarter; in the previously published estimates, the average of GDP and GDI was estimated to have decreased 0.1%.

Profits from current production (corporate profits with inventory valuation and capital consumption adjustments) is now estimated to have decreased $47.8 billion in the first quarter, an upward revison of $42.8 billion.

Technical Notes

Sources of revisions to real GDP in the third estimate

Real GDP increased at an annual rate of 3.8% (0.9% at a quarterly rate1) in the second quarter, an upward revision of 0.5% from the previous estimate, primarily reflecting an upward revision to consumer spending that was partly offset by a downward revision to exports. Imports decreased less than in the previous estimate.

  • The upward revision to consumer spending reflected an upward revision to services that was partly offset by a downward revision to goods. Within services, the largest contributors were transportation services as well as financial services and insurance, based on new and revised second-quarter data from the Census Bureau Quarterly Services Survey. Within goods, the largest contributor was motor vehicles and parts (mainly new and used light trucks), based on updated Wards Automotive unit sales and IHS-Polk registrations data.
  • For both exports and imports, the revised estimates primarily reflected updated data from BEA’s International Transactions Accounts. Within exports, the downward revision was mainly to goods. Within imports, an upward revision to services was partly offset by a downward revision to goods.

*          *          *

Next release: October 30, 2025, at 8:30 a.m. EDT
Gross Domestic Product (Advance Estimate)
3rd Quarter 2025

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 25 years of unemployment in the September “management, professional and related” types of worker category, you will find the following rates:

September                   2024                            2.3%

September                   2023                            2.0%

September                   2022                            1.8%

September                   2021                            2.4%

September                   2020                            4.5%

September                   2019                            1.9%

September                   2018                            2.0%

September                   2017                            2.3%

September                   2016                            2.7%

September                   2015                            2.4%

September                   2014                            2.8%

September                   2013                            3.5%

September                   2012                            3.9%

September                   2011                            4.4%

September                   2010                            4.4%

September                   2009                            5.2%

September                  2008                            2.8%

September                   2007                            2.1%

September                   2006                            2.1%

September                   2005                            2.3%

September                   2004                            2.5%

September                   2003                            3.2%

September                   2002                            3.3%

September                   2001                            2.4%

September                   2000                            1.8%

Here are the rates, during those same time periods, for “college-degreed” workers:

September                   2024                            2.3%

September                   2023                            2.2%

September                   2022                            1.8%

September                   2021                            2.5%

September                   2020                            4.7%

September                   2019                            2.0%

September                   2018                            2.0%

September                   2017                            2.2%

September                   2016                            2.5%

September                   2015                            2.5%

September                   2014                            2.9%

September                   2013                            3.7%

September                   2012                            4.0%

September                   2011                            4.2%

September                   2010                            4.5%

September                   2009                            4.8%

September                   2008                            2.6%

September                   2007                            2.0%

September                   2006                            2.0%

September                   2005                            2.3%

September                   2004                            2.6%

September                   2003                            3.2%

September                   2002                            2.9%

September                   2001                            2.5%

September                   2000                            1.9%

The September 2025 rates for these two categories, 2.7% and 2.7%, 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

1/082/083/084/085/086/087/088/089/0810/0811/0812/08
7.7%7.4%8.2%7.9%8.4%8.9%8.6%9.7%9.8%10.4%10.6%10.9%
1/092/093/094/095/096/097/098/099/0910/0911/0912/09
12.0%12.6%13.3%14.8%15.5%15.5%15.4%15.6%15.0%15.5%15.0%15.3%
1/102/103/104/105/106/107/108/109/1010/1011/1012/10
15.2%15.6%14.5%14.7%15.0%14.1%13.8%14.0%15.4%15.3%15.7%15.3%
1/112/113/114/115/116/117/118/119/1110/1111/1112/11
14.2%13.9%13.7%14.6%14.7%14.3%15.0%14.3%14.0%13.8%13.2%13.8%
1/122/123/124/125/126/127/128/129/1210/1211/1212/12
13.1%12.9%12.6%12.5%13.0%12.6%12.7%12.0%11.3%12.2%12.2%11.7%
1/132/133/134/135/136/137/138/139/1310/1311/1312/13
12.0%11.2%11.1%11.6%11.1%10.7%11.0%11.3%10.3%10.9%10.8%9.8%
1/142/143/144/145/146/147/148/149/1410/1411/1412/14
9.6%9.8%9.6%8.9%9.1%9.1%9.6%9.1%8.4%7.9%8.5%8.8%
1/152/153/154/155/156/157/158/159/1510/1511/1512/15
8.5%8.4%8.6%8.6%8.6%8.2%8.3%7.7%7.7%7.3%6.8%6.7%
1/162/163/164/165/166/167/168/169/1610/1611/1612/16
7.4%7.3%7.4%7.5%7.1%7.5%6.3%7.2%8.5%7.3%7.9%7.9%
1/172/173/174/175/176/177/178/179/1710/1711/1712/17
7.3%7.9%6.8%6.5%6.1%6.4%6.9%6.0%6.5%5.7%5.2%6.3%
1/182/183/184/185/186/187/188/189/1810/1811/1812/18
5.4%5.7%5.5%5.9%5.4%5.5%5.1%5.7%5.5%6.0%5.6%5.8%
1/192/193/194/195/196/197/198/199/1910/1911/1912/19
5.7%5.3%5.9%5.4%5.4%5.3%5.1%5.4%4.8%5.6%5.3%5.2%
1/202/203/204/205/206/207/208/209/2010/2011/2012/20
5.5%5.7%6.8%21.2%19.9%16.6%15.4%12.6%10.7%9.9%9.2%9.8%
1/212/213/214/215/216/217/218/219/2110/2111/2112/21
9.1%10.1%8.2%9.3%9.1%10.2%9.5%7.8%7.9%7.4%5.7%5.2%
1/222/223/224/225/226/227/228/229/2210/2211/2212/22
6.3%4.3%5.2%5.4%5.2%5.8%5.9%6.2%5.6%6.3%4.4%5.0%
1/232/233/234/235/236/237/238/239/2310/2311/2312/23
4.5%5.8%4.8%5.4%5.7%6.0%5.2%5.4%5.5%5.8%6.3%6.0%
1/242/243/244/245/246/247/248/249/2410/2411/2412/24
6.0%6.1%4.9%6.0%5.9%5.9%6.7%7.1%6.8%6.6%6.0%5.6%
1/252/253/254/255/256/257/258/259/2510/2511/2512/25
5.2%6.0%5.8%6.1%5.5%5.8%5.5%6.7%    

H.S. Grad; no college – Unemployment Rate

1/082/083/084/085/086/087/088/089/0810/0811/0812/08
4.6%4.7%5.1%5.0%5.2%5.2%5.3%5.8%6.3%6.5%6.9%7.7%
1/092/093/094/095/096/097/098/099/0910/0911/0912/09
8.1%8.3%9.0%9.3%10.0%9.8%9.4%9.7%10.8%11.2%10.4%10.5%
1/102/103/104/105/106/107/108/109/1010/1011/1012/10
10.1%10.5%10.8%10.6%10.9%10.8%10.1%10.3%10.0%10.1%10.0%9.8%
1/112/113/114/115/116/117/118/119/1110/1111/1112/11
9.4%9.5%9.5%9.7%9.5%10.0%9.3%9.6%9.7%9.6%8.8%8.7%
1/122/123/124/125/126/127/128/129/1210/1211/1212/12
8.4%8.3%8.0%7.9%8.1%8.4%8.7%8.8%8.7%8.4%8.1%8.0%
1/132/133/134/135/136/137/138/139/1310/1311/1312/13
8.1%7.9%7.6%7.4%7.4%7.6%7.6%7.6%7.6%7.3%7.3%7.1%
1/142/143/144/145/146/147/148/149/1410/1411/1412/14
6.5%6.4%6.3%6.3%6.5%5.8%6.1%6.2%5.3%5.7%5.6%5.3%
1/152/153/154/155/156/157/158/159/1510/1511/1512/15
5.4%5.4%5.3%5.4%5.8%5.4%5.5%5.5%5.3%5.3%5.4%5.6%
1/162/163/164/165/166/167/168/169/1610/1611/1612/16
5.3%5.3%5.4%5.4%5.1%5.0%5.0%5.1%5.2%5.5%4.9%5.1%
1/172/173/174/175/176/177/178/179/1710/1711/1712/17
5.2%5.0%4.9%4.6%4.7%4.6%4.5%5.1%4.3%4.3%4.3%4.2%
1/182/183/184/185/186/187/188/189/1810/1811/1812/18
4.5%4.4%4.3%4.3%3.9%4.2%4.0%3.9%3.7%4.0%3.5%3.8%
1/192/193/194/195/196/197/198/199/1910/1911/1912/19
3.8%3.8%3.7%3.5%3.5%3.9%3.6%3.6%3.6%3.7%3.7%3.7%
1/202/203/204/205/206/207/208/209/2010/2011/2012/20
3.8%3.6%4.4%17.3%15.3%12.1%10.8%9.8%9.0%8.1%7.8%7.8%
1/212/213/214/215/216/217/218/219/2110/2111/2112/21
7.1%7.2%6.7%6.9%6.8%7.0%6.3%6.0%5.8%5.4%5.2%4.6%
1/222/223/224/225/226/227/228/229/2210/2211/2212/22
4.6%4.5%4.0%3.8%3.8%3.6%3.6%4.2%3.7%3.9%3.9%3.6%
1/232/233/234/235/236/237/238/239/2310/2311/2312/23
3.7%3.6%4.0%3.9%3.9%3.9%3.4%3.8%4.1%4.0%4.1%4.2%
1/242/243/244/245/246/247/248/249/2410/2411/2412/24
4.3%4.2%4.1%4.0%4.3%4.2%4.6%4.0%4.0%4.0%4.6%4.3%
1/252/253/254/255/256/257/258/259/2510/2511/2512/25
4.5%4.2%4.1%4.0%4.5%4.0%4.4%4.3%    

Some College; or AA/AS – Unemployment Rate

1/082/083/084/085/086/087/088/089/0810/0811/0812/08
3.7%3.8%3.9%4.0%4.3%4.4%4.6%5.0%5.1%5.3%5.5%5.6%
1/092/093/094/095/096/097/098/099/0910/0911/0912/09
6.2%7.0%7.2%7.4%7.7%8.0%7.9%8.2%8.5%9.0%9.0%9.0%
1/102/103/104/105/106/107/108/109/1010/1011/1012/10
8.5%8.0%8.2%8.3%8.3%8.2%8.3%8.7%9.1%8.5%8.7%8.1%
1/112/113/114/115/116/117/118/119/1110/1111/1112/11
8.0%7.8%7.4%7.5%8.0%8.4%8.3%8.2%8.4%8.3%7.6%7.7%
1/122/123/124/125/126/127/128/129/1210/1211/1212/12
7.2%7.3%7.5%7.6%7.9%7.5%7.1%6.6%6.5%6.9%6.6%6.9%
1/132/133/134/135/136/137/138/139/1310/1311/1312/13
7.0%6.7%6.4%6.4%6.5%6.4%6.0%6.1%6.0%6.3%6.4%6.1%
1/142/143/144/145/146/147/148/149/1410/1411/1412/14
6.0%6.2%6.1%5.7%5.5%5.0%5.3%5.4%5.4%4.8%4.9%5.0%
1/152/153/154/155/156/157/158/159/1510/1511/1512/15
5.2%5.1%4.8%4.7%4.4%4.2%4.4%4.4%4.3%4.3%4.4%4.1%
1/162/163/164/165/166/167/168/169/1610/1611/1612/16
4.2%4.2%4.1%4.1%3.9%4.2%4.3%4.3%4.2%4.2%3.9%3.8%
1/172/173/174/175/176/177/178/179/1710/1711/1712/17
3.8%4.0%3.7%3.7%4.0%3.8%3.7%3.8%3.6%3.7%3.6%3.6%
1/182/183/184/185/186/187/188/189/1810/1811/1812/18
3.4%3.5%3.6%3.5%3.2%3.3%3.2%3.5%3.2%3.0%3.1%3.3%
1/192/193/194/195/196/197/198/199/1910/1911/1912/19
3.4%3.2%3.4%3.1%2.8%3.0%3.2%3.1%2.9%2.9%2.9%2.7%
1/202/203/204/205/206/207/208/209/2010/2011/2012/20
2.8%3.0%3.7%15.0%13.3%10.9%10.0%8.0%8.1%6.6%6.3%6.3%
1/212/213/214/215/216/217/218/219/2110/2111/2112/21
6.2%5.9%5.9%5.8%5.9%5.8%5.0%5.1%4.5%4.4%3,7%3.6%
1/222/223/234/225/226/227/228/229/2210/2211/2212/22
3.6%3.8%3.0%3.1%3.4%3.1%2.8%2.9%2.9%3.0%3.2%2.9%
1/232/233/234/235/236/237/238/239/2310/2311/2312/23
2.9%3.2%3.0%2.9%3.2%3.1%3.1%3.0%3.0%3.1%2.8%3.1%
1/232/233/234/235/236/237/238/239/2310/2311/2312/23
2.9%3.2%3.0%2.9%3.2%3.1%3.1%3.0%3.0%3.1%2.8%3.1%
1/242/243/244/245/246/247/248/249/2410/2411/2412/24
3.3%3.1%3.4%3.3%3.1%3.4%3.5%3.4%3.4%3.4%3.6%3.5%
1/252/253/254/255/256/257/258/259/2510/2511/2512/25
3.5%3.5%3.5%3.7%3.3%3.2%3.0%3.2%    

BS/BS + – Unemployment Rate

1/082/083/084/085/086/087/088/089/0810/0811/0812/08
2.1%2.1%2.1%2.1%2.3%2.4%2.5%2.7%2.6%3.1%3.2%3.7%
1/092/093/094/095/096/097/098/099/0910/0911/0912/09
3.9%4.1%4.3%4.4%4.8%4.7%4.7%4.7%4.9%4.7%4.9%5.0%
1/102/103/104/105/106/107/108/109/1010/1011/1012/10
4.8%5.0%4.9%4.9%4.7%4.4%4.5%4.6%4.4%4.7%5.1%4.8%
1/112/113/114/115/116/117/118/119/1110/1111/1112/11
4.2%4.3%4.4%4.5%4.5%4.4%4.3%4.3%4.2%4.4%4.4%4.1%
1/122/123/124/125/126/127/128/129/1210/1211/1212/12
4.2%4.2%4.2%4.0%3.9%4.1%4.1%4.1%4.1%3.8%3.8%3.9%
1/132/133/134/135/136/137/138/139/1310/1311/1312/13
3.8%3.8%3.8%3.9%3.8%3.9%3.8%3.5%3.7%3.8%3.4%3.3%
1/142/143/144/145/146/147/148/149/1410/1411/1412/14
3.3%3.4%3.4%3.3%3.2%3.3%3.1%3.2%2.9%3.1%3.2%2.8%
1/152/153/154/155/156/157/158/159/1510/1511/1512/15
2.8%2.7%2.5%2.7%2.7%2.5%2.6%2.5%2.5%2.5%2.5%2.5%
1/162/163/164/165/166/167/168/169/1610/1611/1612/16
2.5%2.5%2.6%2.4%2.4%2.5%2.5%2.7%2.5%2.6%2.3%2.5%
1/172/173/174/175/176/177/178/179/1710/1711/1712/17
2.5%2.4%2.5%2.4%2.3%2.4%2.4%2.4%2.3%2.0%2.1%2.1%
1/182/183/184/185/186/187/188/189/1810/1811/1812/18
2.1%2.3%2.2%2.1%2.0%2.3%2.2%2.1%2.0%2.0%2.2%2.1%
1/192/193/194/195/196/197/198/199/1910/1911/1912/19
2.4%2.2%2.0%2.1%2.1%2.1%2.2%2.1%2.0%2.1%2.0%1.9%
1/202/203/204/205/206/207/208/209/2010/2011/2012/20
2.0%1.9%2.5%8.4%7.4%6.9%6.7%5.3%4.7%4.2%4.2%3.8%
1/212/213/214/215/216/217/218/219/2110/2111/2112/21
4.0%3.8%3.7%3.5%3.2%3.5%3.1%2.8%2.5%2.4%2.3%2.1%
1/222/223/224/225/226/227/228/229/2210/2211/2212/22
2.3%2.2%2.0%2.0%2.0%2.1%2.0%1.9%1.8%1.9%2.0%1.9%
1/232/233/234/235/236/237/238/239/2310/2311/2312/23
2.0%2.0%2.0%1.9%2.1%2.0%2.0%2.2%2.1%2.1%2.1%2.1%
1/242/243/244/245/246/247/248/249/2410/2411/2412/24
2.1%2.2%2.1%2.2%2.1%2.4%2.3%2.5%2.3%2.5%2.5%2.4%
1/252/253/254/255/256/257/258/259/2510/2511/2512/245
2.3%2.5%2.6%2.5%2.6%2.5%2.7%2.7%    

Management, Professional & Related – Unemployment Rate

1/082/083/084/085/086/087/088/089/0810/0811/0812/08
2.2%2.2%2.1%2.0%2.6%2.7%2.9%3.3%2.8%3.0%3.2%3.3%
1/092/093/094/095/096/097/098/099/0910/0911/0912/09
4.1%3.9%4.2%4.0%4.6%5.0%5.5%5.4%5.2%4.7%4.6%4.6%
1/102/103/104/105/106/107/108/109/1010/1011/1012/10
5.0%4.8%4.7%4.5%4.5%4.9%5.0%5.1%4.4%4.5%4.7%4.6%
1/112/113/114/115/116/117/118/119/1110/1111/1112/11
4.7%4.4%4.3%4.0%4.4%4.7%5.0%4.9%4.4%4.4%4.2%4.2%
1/122/123/124/125/126/127/128/129/1210/1211/1212/12
4.3%4.2%4.2%3.7%4.0%4.4%4.8%4.5%3.9%3.8%3.6%3.9%
1/132/133/134/135/136/137/138/139/1310/1311/1312/13
3.9%3.8%3.6%3.5%3.5%4.2%4.1%3.8%3.5%3.4%3.1%2.9%
1/142/143/144/145/146/147/148/149/1410/1411/1412/14
3.1%3.2%3.3%2.9%3.1%3.5%3.5%3.4%2.8%2.7%2.8%2.7%
1/152/153/154/155/156/157/158/159/1510/1511/1512/15
2.9%2.7%2.4%2.4%2.4%2.9%3.1%2.9%2.4%2.2%2.1%2.0%
1/162/163/164/165/166/167/168/169/1610/1611/1612/16
2.3%2.4%2.4%2.1%2.1%2.8%3.0%3.1%2.7%2.5%2.3%2.2%
1/172/173/174/175/176/177/178/179/1710/1711/1712/17
2.3%2.1%2.0%2.0%1.9%2.3%2.7%2.8%2.3%2.1%2.0%2.0%
1/182/183/184/185/186/187/188/189/1810/1811/1812/18
2.2%2.0%2.0%1.8%1.7%2.5%2.4%2.5%2.0%1.9%2.1%2.1%
1/192/193/194/195/196/197/198/199/1910/1911/1912/19
2.5%2.0%2.0%1.6%1.7%2.4%2.4%2.3%1.9%1.8%1.8%1.8%
1/202/203/204/205/206/207/208/209/2010/2011/2012/20
2.2%1.8%2.5%7.7%6.6%6.5%6.6%5.5%4.5%3.7%3.7%3.4%
1/212/213/214/215/216/217/218/219/2110/2111/2112/21
3.7%3.2%3.1%3.0%2.8%3.5%3.3%3.2%2.4%2.2%1.9%1.7%
1/222/223/224/225/226/227/228/229/2210/2211/2212/22
2.3%2.2%1.5%1.6%1.6%2.2%2.4%2.4%1.8%2.0%1.8%1.7%
1/232/233/234/235/236/237/238/239/2310/2311/2312/23
2.1%2.0%1.9%1.6%1.8%2.2%2.4%2.4%2.0%1.9%1.8%1.8%
1/242/243/244/245/246/247/248/249/2410/2411/2412/24
2.1%2.2%2.2%1.9%2.0%2.6%2.9%2.9%2.3%2.3%2.2%2.1%
1/252/253/254/255/256/257/258/259/2510/2511/2512/25
2.2%2.4%2.3%2.2%2.4%2.8%3.0%2.7%    

Or employed… (,000)

1/082/083/084/085/086/087/088/089/0810/0811/0812/08
52,16552,49852,68152,81952,54452,73552,65552,62653,10453,48553,27452,548
1/092/093/094/095/096/097/098/099/0910/0911/0912/09
52,35852,19652,34552,59752,25651,77651,81051,72452,18652,98152,26352,131
1/102/103/104/105/106/107/108/109/1010/1011/1012/10
52,15952,32452,16352,35551,83951,41450,97450,87951,75751,81852,26351,704
1/112/113/114/115/116/117/118/119/1110/1111/1112/11
51,86652,55753,24353,21652,77852,12051,66251,99752,66552,86452,78752,808
1/122/123/124/125/126/127/128/129/1210/1211/1212/12
53,15253,20853,77154,05554,15653,84653,16553,69654,65555,22354,95154,635
1/132/133/134/135/136/137/138/139/1310/1311/1312/13
54,21454,56354,72154,76754,74054,32354,06454,51555,01355,15555,58354,880
1/142/143/144/145/146/147/148/149/1410/1411/1412/14
55,09655,50156,03655,89656,20255,71455,38155,64656,36556,75957,11056,888
1/152/153/154/155/156/157/158/159/1510/1511/1512/15
57,36757,59657,80557,95358,15557,71057,39257,28858,10558,45658,66759,030
1/162/163/164/165/166/167/168/169/1610/1611/1612/16
59,01459,58360,08059,69059,61359,18158,43458,52659,59959,76659,70760,069
1/172/173/174/175/176/177/178/179/1710/1711/1712/17
59,92161,06461,15661,31761,17460,70559,92359,55960,99061,06261,81862,121
1/182/183/184/185/186/187/188/189/1810/1811/1812/18
62,12362,90863,06762,56162,36061,34961,43361,59362,18162,92963,08463,642
1/192/193/194/195/196/197/198/199/1910/1911/1912/19
63,81864,28164,29963,56063,59463,41863,39463,67964,34364,99765,54865,682
1/202/203/204/205/206/207/208/209/2010/2011/2012/20
65,53366,09165,88161,15262,33063,29062,45163,09562,75963,27763,38764,007
1/212/213/214/215/216/217/218/219/2110/2111/2112/21
63,88664,47164,50364,26464,26864,31664,17964,12265,16365,33566,06066,366
1/222/223/224/225/226/227/228/229/2210/2211/2212/22
66,74067,75467,82367,31967,65267,22467,87468,37769,05668,91869.15669,297
1/232/233/234/235/236/237/238/239/2310/2311/2312/23
69,24969,98670,65170,40370,38869,95669,66269,28070,41771,38771,35070,572
1/242/243/244/245/246/247/248/249/2410/2411/2412/24
70,65070,21770,78670,54870.89771,00270,16769,89270,91671,55371,25871,042
1/252/253/254/255/256/257/258/259/2510/2511/2512/25
71,54771,47772,01972,16870,91270,25069,80970,866    

And unemployed… (,000)

1/082/083/084/085/086/087/088/089/0810/0811/0812/08
1,1641,1591,1211,0881,4071,4781,5851,7791,5391,6471,7861,802
1/092/093/094/095/096/097/098/099/0910/0911/0912/09
2,2382,1372,2922,1642,3732,7203,0342,9252,8592,5932,5302,509
1/102/103/104/105/106/107/108/109/1010/1011/1012/10
2,7622,6372,6002,4642,4502,6442,6872,7622,3812,4172,5252,468
1/112/113/114/115/116/117/118/119/1110/1111/1112/11
2,5572,4352,3812,1962,4192,5982,7422,6712,4502,4102,3362,303
1/122/123/124/125/126/127/128/129/1210/1211/1212/12
2,4102,3362,3302,0622,2752,4722,6662,5562,2452,1702,0772,221
1/132/133/134/135/136/137/138/139/1310/1311/1312/13
2,2112,1642,0201,9801,9902,3582,2862,1301,9781,9301,7491,637
1/142/143/144/145/146/147/148/149/1410/1411/1412/14
1,7841,8451,8901,6421,7952,0012,0111,9301,6171,5821,6561,568
1/152/153/154/155/156/157/158/159/1510/1511/1512/15
1,7411,6011,3981,4351,4601,7141,8071,6861,4141,3121,2761,208
1/162/163/164/165/166/167/168/169/1610/1611/1612/16
1,4041,4561,4771,2511,3051,7121,7821,8691,6521,5061,3821,361
1/172/173/174/175/176/177/178/179/1710/1711/1712/17
1,4251,3131,2651,2541,2081,4401,6561,7311,4631,2851,2661,290
1/182/183/184/185/186/187/188/189/1810/1811/1812/18
1,3741,3011,3101,1341,0831,5751,5391,5911,2991,2461,3301,368
1/192/193/194/195/196/197/198/199/1910/1911/1912/19
1,6071,3171,2891,0401,0861,5401,5911,4761,2351,1611,2081,171
1/202/203/204/205/206/207/208/209/2010/2011/2012/20
1,4541,2071,6635,0794,4324,3904,4003,6802,9462,4482,4152,235
1/212/213/214/215/216/217/218/219/2110/2111/2112/21
2,4332,1582,0632,0141,8792,3032,2032,1231,5801,4531,3081,146
1/222/223/224/225/226/227/228/229/2210/2211/2212/22
1,5831,4901,0531,0881,0981,5201,6501,6471,2911,3981,2471,198
1/232/233/234/235/236/237/238/239/2310/2311/2312/23
1,4601,4061,3681,1531,2811,6091,7011,7121,4661,4151,3011,314
1/242/243/244/245/246/247/248/249/2410/2411/2412/24
1,5271,5801,5801,3991,4231,8872,0952,0561,6471,6891,5811,490
1/252/253/254/255/256/257/258/259/2510/2511/2512/25
1,6041,7201,7061,5961,7192,0002,1621,975    

For a total Management, Professional & Related workforce of…(,000)

1/082/083/084/085/086/087/088/089/0810/0811/0812/08
53,32953,65753,80253,90753,95154,21354,24054,40554,64355,13255,06054,350
1/092/093/094/095/096/097/098/099/0910/0911/0912/09
54,59654,33354,63754,76154,62954,49654,84454,64955,04555,57454,79354,640
1/102/103/104/105/106/107/108/109/1010/1011/1012/10
54,92154,96154,76354,81954,28954,05853,66153,64154,13854,23554,78854,172
1/112/113/114/115/116/117/118/119/1110/1111/1112/11
54,42354,99255,62455,41255,19754,71854,40454,66855,11555,27455,12355,111
1/122/123/124/125/126/127/128/129/1210/1211/1212/12
55,56255,54456,10156,11756,43156,31855,83156,25256,90057,39357,02856,856
1/132/133/134/135/136/137/138/139/1310/1311/1312/13
56,42556,72756,74156,74756,73056,68156,35056,64556,99157,08557,33256,517
1/142/143/144/145/146/147/148/149/1410/1411/1412/14
56,88057,34657,92657,53857,99757,71557,39257,57657,98258,34158,76658,456
1/152/153/154/155/156/157/158/159/1510/1511/1512/15
59,10859,19759,20359,38859,61559,42459,19958,97459,51959,76859,94360,238
1/162/163/164/165/166/167/168/169/1610/1611/1612/16
60,41861,03961,55760,94160,91860,89360,21660,39561,25161,27261,08961,430
1/172/173/174/175/176/177/178/179/1710/1711/1712/17
61,34662,37762,42162,57162,38262,14561,57961,29062,45362,34763,08463,411
1/182/183/184/185/186/187/188/189/1810/1811/1812/18
63,49764,20964,37763,69563,44362,92462,97263,18463,48064,17564,41465,010
1/192/193/194/195/196/197/198/199/1910/1911/1912/19
65,42565,59865,58864,60064,68064,95864,98565,15565,57866,15866,75666,853
1/202/203/204/205/206/207/208/209/2010/2011/2012/20
66,98767,29867,54466,23166,76267,68066,85166,77565,70565,67565,80266,242
1/212/213/214/215/216/217/218/219/2110/2111/2112/21
66,31966,62966,56666,27866,14766,61966,38266,24566,74366,78867,36867,512
1/222/223/224/225/226/227/228/229/2210/2211/2212/22
68,32369,24468,87668,40768,75068,74469,52470,02470,34770,31670.40370,495
1/232/233/234/235/236/237/238/239/2310/2311/2312/23
70,70971,39272,01971,55671,66971,56571,36370,99271,88372,80272,65171,886
1/242/243/244/245/246/247/248/249/2410/2411/2412/24
72,17771,79772,36671,94772,32072,88972,26271,94872,56373,24272,83972,532
1/252/253/254/255/256/257/258/259/2510/2511/2512/25
73,15173,19773,72573,76472,63172,25071,97172,841    

Management, Business and Financial Operations – Unemployment Rate

1/082/083/084/085/086/087/088/089/0810/0811/0812/08
2.3%2.3%2.2%2.1%2.7%2.5%2.6%2.8%2.8%3.0%3.6%3.9%
1/092/093/094/095/096/097/098/099/0910/0911/0912/09
4.6%4.5%4.5%4.4%4.6%4.8%4.9%5.0%5.2%5.4%5.4%5.2%
1/102/103/104/105/106/107/108/109/1010/1011/1012/10
5.2%5.1%5.4%5.1%4.9%4.8%4.7%4.9%4.3%5.0%5.5%5.7%
1/112/113/114/115/116/117/118/119/1110/1111/1112/11
5.3%4.9%4.8%4.6%4.9%4.6%4.6%4.6%4.6%4.7%4.6%4.4%
1/122/123/124/125/126/127/128/129/1210/1211/1212/12
4.5%4.4%4.4%4.0%4.1%3.8%3.8%3.7%3.5%3.6%3.8%4.1%
1/132/133/134/135/136/137/138/139/1310/1311/1312/13
4.0%3.9%3.5%3.5%3.8%3.5%3.1%3.4%3.3%3.7%3.2%3.1%
1/142/143/144/145/146/147/148/149/1410/1411/1412/14
3.4%3.6%3.5%3.2%3.3%2.8%2.7%2.6%2.4%2.7%2.7%2.5%
1/152/153/154/155/156/157/158/159/1510/1511/1512/15
3.0%2.8%2.6%2.6%2.9%2.4%2.3%2.2%2.4%2.2%2.1%1.9%
1/162/163/164/165/166/167/168/169/1610/1611/1612/16
2.3%2.6%2.5%2.4%2.4%2.5%2.4%2.5%2.8%2.5%2.3%2.4%
1/172/173/174/175/176/177/178/179/1710/1711/1712/17
2.5%2.4%2.4%2.2%1.8%1.9%1.9%2.4%2.5%1.9%1.9%2.0%
1/182/183/184/185/186/187/188/189/1810/1811/1812/18
2.0%2.0%2.0%1.8%1.7%2.1%1.9%2.0%2.1%2.0%2.1%2.2%
1/192/193/194/195/196/197/198/199/1910/1911/1912/19
2.5%2.1%2.0%1.4%1.5%1.9%1.8%1.9%1.6%1.7%1.6%1.9%
1/202/203/204/205/206/207/208/209/2010/2011/2012/20
2.3%1.8%2.2%6.2%5.1%4.8%5.1%4.7%4.8%4.3%3.9%3.6%
1/212/213/214/215/216/217/218/219/2110/2111/2112/21
3.8%3.5%3.4%3.1%2.9%3.0%2.6%2.9%2.3%2.3%2.2%1.8%
1/222/223/224/225/226/227/228/229/2210/2211/2212/22
2.1%2.1%1.5%1.6%1.4%1.6%1.5%1.7%1.8%2.1%1.9%1.8%
1/232/233/234/235/236/237/238/239/2310/2311/2312/23
2.0%2.1%2.1%1.8%2.0%1.9%1.9%2.1%2.1%1.8%1.7%2.0%
1/242/243/244/245/246/247/248/249/2410/2411/2412/24
2.1%2.4%2.3%2.4%2.0%2.2%2.3%2.4%2.2%2.3%2.2%2.0%
1/252/253/254/255/256/257/258/259/2510/2511/2512/25
2.1%2.3%2.3%2.2%2.6%2.4%2.1%2.2%    

Professional & Related – Unemployment Rate

1/082/083/084/085/086/087/088/089/0810/0811/0812/08
2.1%2.1%2.0%2.0%2.5%2.9%3.2%3.6%2.8%3.0%3.0%2.9%
1/102/103/104/105/106/107/108/109/1010/1011/1012/10
4.9%4.6%4.3%4.1%4.3%5.0%5.2%5.3%4.4%4.1%4.1%3.8%
1/112/113/114/115/116/117/118/119/1110/1111/1112/11
4.3%4.1%3.9%3.5%4.0%4.9%5.3%5.1%4.4%4.1%4.0%4.0%
1/122/123/124/125/126/127/128/129/1210/1211/1212/12
4.2%4.1%4.0%3.5%4.0%4.8%5.5%5.2%4.3%3.9%3.5%3.8%
1/132/133/134/135/136/137/138/139/1310/1311/1312/13
3.8%3.8%3.6%3.4%3.3%4.6%4.7%4.0%3.6%3.1%2.9%2.7%
1/142/143/144/145/146/147/148/149/1410/1411/1412/14
2.9%3.0%3.1%2.6%2.9%4.0%4.1%3.9%3.1%2.7%2.9%2.8%
1/152/153/154/155/156/157/158/159/1510/1511/1512/15
2.9%2.7%2.2%2.3%2.1%3.2%3.6%3.3%2.4%2.2%2.2%2.1%
1/162/163/164/165/166/167/168/169/1610/1611/1612/16
2.4%2.2%2.3%1.8%2.0%3.1%3.4%3.5%2.6%2.4%2.2%2.1%
1/172/173/174/175/176/177/178/179/1710/1711/1712/17
2.2%1.9%1.8%1.8%2.0%2.6%3.3%3.1%2.3%2.2%2.0%2.1%
1/182/183/184/185/186/187/188/189/1810/1811/1812/18
2.3%2.0%2.1%1.8%1.7%2.8%2.8%2.9%2.0%1.9%2.1%2.1%
1/192/193/194/195/196/197/198/199/1910/1911/1912/19
2.4%2.0%1.9%1.8%1.8%2.7%2.9%2.6%2.1%1.8%1.9%1.7%
1/202/203/204/205/206/207/208/209/2010/2011/2012/20
2.1%1.8%2.6%8.8%7.7%7.7%7.6%6.1%4.3%3.3%3.5%3.2%
1/212/213/214/215/216/217/218/219/2110/2111/2112/21
3.5%3.1%2.9%3.0%2.8%3.8%3.9%3.4%2.4%2.1%1.8%1.6%
1/222/223/224/225/226/227/228/229/2210/2211/2212/22
2.5%2.2%1.6%1.6%1.7%2.6%3.0%2.8%1.9%1.9%1.7%1.6%
1/232/233/234/235/236/237/238/239/2310/2311/2312/23
2.1%1.9%1.8%1.4%1.7%2.5%2.8%2.7%2.0%2.1%1.9%1.7%
1/242/243/244/245/246/247/248/249/2410/2411/2412/24
2.1%2.1%2.1%1.6%1.9%2.9%3.3%3.2%2.3%2.3%2.1%2.1%
1/252/253/254/255/256/257/258/259/2510/2511/2512/25
2.3%2.4%2.4%2.1%2.2%3.1%3.7%3.1%    

Sales & Related – Unemployment Rate

1/082/083/084/085/086/087/088/089/0810/0811/0812/08
5.2%5.2%4.8%4.3%5.1%5.6%6.2%6.3%5.7%6.1%6.5%7.0%
1/092/093/094/095/096/097/098/099/0910/0911/0912/09
7.7%8.4%8.9%8.6%8.9%9.1%8.3%8.7%8.9%9.5%9.1%8.9%
1/102/103/104/105/106/107/108/109/1010/1011/1012/10
10.1%10.2%9.7%9.2%9.6%9.4%10.1%9.0%9.4%9.1%8.8%8.3%
1/112/113/114/115/116/117/118/119/1110/1111/1112/11
9.3%9.0%8.5%8.5%9.4%9.7%9.4%8.6%9.4%8.2%7.8%7.7%
1/122/123/124/125/126/127/128/129/1210/1211/1212/12
8.2%7.9%8.1%7.6%7.9%8.4%8.3%8.6%7.9%7.0%7.3%7.0%
1/132/133/134/135/136/137/138/139/1310/1311/1312/13
8.5%8.2%7.7%6.9%7.1%6.7%6.9%7.2%7.5%7.3%7.0%6.3%
1/142/143/144/145/146/147/148/149/1410/1411/1412/14
7.1%7.7%6.8%5.8%6.8%6.1%6.2%5.6%5.4%5.2%5.3%5.0%
1/152/153/154/155/156/157/158/159/1510/1511/1512/15
5.8%5.2%5.8%5.5%5.8%5.6%5.8%5.4%5.6%5.3%5.1%4.3%
1/162/163/164/165/166/167/168/169/1610/1611/1612/16
5.0%4.4%4.4%5.2%5.1%4.9%4.9%4.8%5.2%4.4%4.6%4.6%
1/172/173/174/175/176/177/178/179/1710/1711/1712/17
5.2%4.3%3.9%4.2%4.5%4.8%4.2%4.2%3.7%4.0%4.1%3.8%
1/182/183/184/185/186/187/188/189/1810/1811/1812/18
4.6%4.5%4.5%4.1%4.2%4.4%4.0%3.5%4.0%3.6%3.7%3.6%
1/192/193/194/195/196/197/198/199/1910/1911/1912/19
4.5%5.0%4.6%3.9%3.6%3.4%3.2%3.8%3.6%3.4%3.3%3.3%
1/202/203/204/205/206/207/208/209/2010/2011/2012/20
4.5%4.2%4.3%17.1%16.2%13.3%10.9%8.6%8.9%7.0%6.3%5.3%
1/212/213/214/215/216/217/218/219/2110/2111/2112/21
6.6%6.6%6.3%6.3%6.4%6.0%6.0%5.5%5.2%4.5%4.2%3.6%
1/222/223/224/225/226/227/228/229/2210/2211/2212/22
4.2%3.6%4.3%4.1%4.2%4.1%4.1%4.0%3.8%3.4%3.3%3.4%
1/232/233/234/235/236/237/238/239/2310/2311/2312/23
4.4%4.0%3.7%3.0%4.0%4.0%3.7%3.9%4.1%3.9%3.7%4.4%
1/242/243/244/245/246/247/248/249/2410/2411/2412/24
4.5%4.7%4.7%3.6%3.8%4.5%4.6%4.6%4.5%3.9%4.2%4.1%
1/252/253/254/255/256/257/258/259/2510/2511/2512/25
4.9%4.3%4.4%4.2%4.5%4.9%3.9%4.8%    

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