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Data for the Classroom from     Ed Dolan’s Econ Bloghttp://dolanecon.blogspot.com/    US Jobs Data:       . Unemployment E...
Payroll Job Growth Slows Total payroll job growth for April was a  modest 115,000, slowing somewhat  from the first three...
Unemployment Rate Falls to 8.1 Percent in April The unemployment rate, which is the  ratio of unemployed persons to the  ...
Broad vs. Standard Unemployment Rate The BLS also provides a broader  measure of job-market stress, U-6 The numerator of...
Long-Term Unemployment Falls, but Remains High The percentage of all unemployed  workers who have been out of work  27 we...
Employment-Population Ratio Falls Slightly The employment to population ratio  fell slightly for the second month in a  r...
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US Employment Data: Unemployment Rate Falls in April, Job Growth Slows

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The US unemployment rate edged down to 8.1 percent in April. The growth of payroll jobs slowed to 115,000.

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US Employment Data: Unemployment Rate Falls in April, Job Growth Slows

  1. Data for the Classroom from Ed Dolan’s Econ Bloghttp://dolanecon.blogspot.com/ US Jobs Data: . Unemployment EdgesDown, Job Growth Slows Posted May 4, 2012 Terms of Use: These slides are made available under Creative Commons License Attribution—Share Alike 3.0 . You are free to use these slides as a resource for your economics classes together with whatever textbook you are using. If you like the slides, you may also want to take a look at my textbook, Introduction to Economics, from BVT Publishers.
  2. Payroll Job Growth Slows Total payroll job growth for April was a modest 115,000, slowing somewhat from the first three months of the year. The private sector gained 130,000 jobs while the government lost 15,000 jobs Job growth was concentrated in services, although there was also a small gain in manufacturing The previously reported March gain was revised upward by 34,000 jobs; February was revised up by 19,000 Posted May 4, 2012 on Ed Dolan’s Econ Blog http://dolanecon.blogspot.com
  3. Unemployment Rate Falls to 8.1 Percent in April The unemployment rate, which is the ratio of unemployed persons to the labor force, fell slightly to 8.1 percent in April, its lowest since February 2009 For the second month in a row, the labor force, the number of employed, and the number of unemployed all fell The unemployment rate is based on a household survey that does not always closely track job growth as reported by the payroll survey Posted May 4, 2012 on Ed Dolan’s Econ Blog http://dolanecon.blogspot.com
  4. Broad vs. Standard Unemployment Rate The BLS also provides a broader measure of job-market stress, U-6 The numerator of U-6 includes  Unemployed persons  Marginally attached persons who would like to work but are not looking because they think there are no jobs  Part-time workers who would prefer full-time work but can’t find it The denominator includes the labor force plus the marginally attached U-6 held at 14.5 percent in April after falling sharply in March Posted May 4, 2012 on Ed Dolan’s Econ Blog http://dolanecon.blogspot.com
  5. Long-Term Unemployment Falls, but Remains High The percentage of all unemployed workers who have been out of work 27 weeks or longer fell in April, continuing a recent trend The long-term unemployment rate has been unusually high throughout the recession and recovery Posted May 4, 2012 on Ed Dolan’s Econ Blog http://dolanecon.blogspot.com
  6. Employment-Population Ratio Falls Slightly The employment to population ratio fell slightly for the second month in a row. At 58.4 percent, it is now barely above its its all-time low of July 2011 This ratio is subject to a long-term downward trend caused, in part, by a steady increase in the percentage of the population of retirement age Posted May 4, 2012 on Ed Dolan’s Econ Blog http://dolanecon.blogspot.com

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