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Unemployment Rates by State July 2018

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According to today’s U.S. Bureau of Labor Statistics report on Unemployment rates by state, Seasonally adjusted unemployment rates for July fell over the previous month in 11 states, were higher in 2 states, and stable in 37 states and the District of Columbia. Ten states saw jobless rate decreases from July 2017 levels and 40 states and D.C.  had little or no change.

Nonfarm payroll employment increased in 6 states in July 2018, decreased in 1 state, and was virtually unchanged in 43 states and D.C. Over the year, 34 states added nonfarm payroll jobs and 16 states and D.C. were essentially unchanged.

In the following map we can see the states with the lowest unemployment are light colored while the higher unemployment states are darker colored.

Unemployment by State July 2018

Unemployment

“Oregon lowest unemployment since 1976”

Hawaii had the lowest seasonally adjusted unemployment rate in July, at 2.1%. At 3.9% Oregon  set a new series low since tracking began in 1976. At 6.9% Alaska had the highest jobless rate, not counting Puerto Rico’s 9.1%. In total, 15 states had unemployment rates lower than the U.S. figure of 3.9 percent, 10 states plus the District of Columbia and Puerto Rico had higher rates, and 25 states had [Read more…] about Unemployment Rates by State July 2018

Was the Bureau of Labor Statistics Website Really Hacked?

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This morning when I went to the Bureau of Labor Statistics (BLS) website I received a disturbing message. It said I needed to be careful because my “Connection was not Private”.

“Attackers might be trying to steal my information from data.BLS.gov.”

BLS Hacked

Well, that doesn’t sound good. So since that was inside my Chrome browser I figured I should try a different browser to see if it was my problem.

So I tried Firefox and got this:

BLS Firefox Hacked

OK so maybe it’s not hackers just somebody screwed up at the BLS.

Actually, I could get to the home page https://www.bls.gov/ .

 

 

I just couldn’t get to any data pages like these:

http://data.bls.gov/timeseries/LNU04000000

http://data.bls.gov/timeseries/CEU0000000001

With a bit more digging around (clicking the “advanced” link) I found that [Read more…] about Was the Bureau of Labor Statistics Website Really Hacked?

December Retail Employment Down

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Seasonally Adjusted Unemployment RateOn Friday January 5th the U.S. Bureau of Labor Statistics (BLS) released their monthly employment survey results for the month of December. Many of the numbers remained unchanged from November which was also unchanged from October.

Unemployment

According to the BLS Seasonally Adjusted U-3 was 4.1% since October while Unadjusted U-3 was 3.9% for three months. Unadjusted U-6 unemployment which is a broader measure of Unemployment rose from 7.6% in October to 7.7% in November to 8.0% in December. This is still significantly better than a year ago when in November 2016 Unadjusted U-6  was 9% and December was 9.1%.

Typically January sees an uptick in unemployment as all the seasonal employees get laid-off. So we would expect some sort of uptick next month.

According to the BLS Commissioner’s report for this month:

“Among the major worker groups, the unemployment rate for teenagers declined to 13.6 percent in December, offsetting an increase in November. In December, the unemployment rates for adult men (3.8 percent), adult women (3.7 percent), Whites (3.7 percent), Blacks (6.8 percent), Asians (2.5 percent), and Hispanics (4.9 percent) showed little or no change.”

See: Current Unemployment Rate Chart for more info.

Employment

Historical Employment ChartBack in October, employment was 147,952,000 in November it rose to 148,526,000 but then it fell slightly in December to 148,346,000 for a net loss from November to December of 180,000 jobs. The BLS Commissioner’s report however said, “Total nonfarm payroll employment rose by 148,000 in December…”  That is because he is talking about “Seasonally Adjusted” jobs. Meaning that although actual jobs are down, they are down by 148,000 less than average for this time of year.

See Current Employment Commentary and Historical Employment Commentary

 

Labor Force Participation Rate

Labor Force Participation Rate w/ RecessionsYou might be wondering if [Read more…] about December Retail Employment Down

October Unemployment Rate Down Again

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On Friday November 3rd the U.S. Bureau of Labor Statistics (BLS) released their monthly employment survey results for the month of October.

According to the BLS, the current “Seasonally Adjusted” Unemployment Rate for October is 4.1% DOWN from 4.2% in September and 4.4% in August. Seasonally Adjusted U-3 unemployment was 4.8% in January and 4.9% a year ago (October 2016).

The current “Unadjusted” rate is 3.9% down from 4.1% in September and 4.5% in August. Unadjusted U-3 was 5.1% in January and 4.7%  a year ago (October 2016).

See: Current Unemployment Rate Chart for more info.

Seasonally Adj U-3 Unemployment Rate

Seasonal adjustment provides something like a moving average leveling out the bumps due to normal seasonal variations. See: Unadjusted vs. Seasonally Adjusted Unemployment Rate for more information about Seasonal Adjustment.

According to the BLS Commissioner’s report for this month:

[Read more…] about October Unemployment Rate Down Again

September Unemployment Rate Down

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On Friday October 6th the U.S. Bureau of Labor Statistics (BLS) released their monthly employment survey results for the month of September. Every month the BLS conducts two surveys one contacts a sampling of households and the other collects data from businesses. Then they massage some of the numbers to “Seasonally Adjust” them and release them to the media.

According to the BLS, the current “Seasonally Adjusted” Unemployment Rate for September (released October 6th) is 4.2% DOWN from 4.4% in August. The current “Unadjusted” rate is 4.1% down from 4.5% in August.

Seasonal adjustment provides something like a moving average leveling out the bumps due to normal seasonal variations. See: Unadjusted vs. Seasonally Adjusted Unemployment Rate for more information about Seasonal Adjustment.

According to the BLS Commissioner’s report for this month:

“The unemployment rate declined to 4.2 percent in September, and total nonfarm payroll employment changed little (-33,000), the U.S. Bureau of Labor Statistics reported today. A sharp employment decline in food services and drinking places and below-trend growth in some other industries likely reflected the impact of Hurricanes Irma and Harvey. “

Seasonally Adj U-3 Unemployment Rate

See: Current Unemployment Rate Chart for more info.

In the very next paragraph, based on the Household Unemployment Survey, he said, “The unemployment rate decreased by 0.2 percentage point to 4.2 percent in September, and the number of unemployed persons declined by 331,000 to 6.8 million. Both measures were down over the year.”

Declining unemployment means more jobs! So which is it 331,000 more jobs?  -33,000 fewer jobs? Or 340,000 more jobs? [Read more…] about September Unemployment Rate Down

New Unemployment Numbers- February

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On Friday March 10th the U.S. Bureau of Labor Statistics released their Employment and Unemployment numbers for February 2017. The media was making a big deal about these numbers because they represent the “First full month since Trump took office”.

The numbers turned out to be moderately “Bullish” although the Commissioner’s statement said, “Total nonfarm payroll employment increased by 235,000 in February, and the unemployment rate was little changed at 4.7 percent. Employment gains occurred in construction, private educational services, manufacturing, health care, and mining.”

Now,   I’m not complaining… gaining 235,000 jobs is certainly better than losing them but what’s the big deal?  Well, first of all, the big deal is that [Read more…] about New Unemployment Numbers- February

August Unemployment Numbers- 4.9%

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The U.S. Bureau of Labor Statistics (BLS) released the Unemployment numbers for the month of August on Friday September 2nd. The commonly quoted Seasonally Adjusted U-3 Unemployment rate was 4.9% for the third month in a row. The unadjusted U-3 Unemployment rate was 5.0% and Gallup’s equivalent was 5.4% for a “mere” 0.4% difference.

The broader U-6 Unemployment rate (also unadjusted) which includes “discouraged workers”, “marginally attached workers” and Part time workers who want to work full-time was 9.7% in August while Gallup’s equivalent which they call the “Underemployment rate” was 3.4% higher at 13.1%. The civilian non-institutional population increased another 234,000 this month bringing it to 253,854,000.

According to the BLS Commissioner’s report for this month:

Unemployment Rate“Nonfarm payroll employment increased by [seasonally adjusted~ editor] 151,000 in August, and the unemployment rate remained at 4.9 percent. Employment continued to trend up in several service-providing industries. Incorporating revisions for June and July, which reduced nonfarm payroll employment by 1,000 on net, monthly job gains have averaged 232,000 over the past 3 months. In the 12 months prior to August, employment growth averaged 204,000 per month. Employment in food services and drinking places continued to trend up in August (+34,000). Over the year, the industry has added 312,000 jobs… Mining employment continued on a downward trend in August (-4,000). Although job losses have moderated in the last 3 months, employment in mining has fallen by 223,000 since a peak in September 2014.”

In other words, the vast majority of the jobs [Read more…] about August Unemployment Numbers- 4.9%

BLS Releases October Employment Figures

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Current Unemployment Rate Chart

Unemployment Rate October 2015

According to the latest U.S. Bureau of Labor Statistics (BLS) data release on November 6th the current “Seasonally Adjusted” Unemployment Rate for October is 5.0% down from September’s 5.1% which was down significantly from last October’s 5.8%. The “Unadjusted” rate is 4.8% down from 5.6% in July and much lower than January’s 6.1%. See: Current Chart

According to the BLS, the U-6 Unemployment Rate for October was 9.5%. U-6 unemployment includes short-term discouraged workers who have given up looking for work because they feel there is no work available for them.

However, since 2010, Gallup (the survey/Pollsters) have been  doing their own employment survey using basically the same parameters as the BLS and they conclude that the current U-6 (which they call the “UnderEmployment Rate) is actually 13.8% down from 14.1% in September.

According to John William’s Shadowstats the government began underestimating unemployment back in 1994 when they changed the way unemployment was calculated since “long-term discouraged workers were defined out of official existence”. The new U-6 numbers only include short-term discouraged workers. The following chart shows their calculations for Unemployment based on their estimates of what it would be if unemployment was calculated the pre-1994 way.

Current Employment Data

Employment Levels 2000-2015According to the current Bureau of Labor Statistics data, the employment situation for the month of October 2015 was as follows: The number of Unadjusted jobs reported for October 2015 was 143.739 million. That was up from June’s previous peak of 142.836 million.

For more information see: Current Employment Data

 

Current Employment vs Unemployment Chart

Employment compared to UnemploymentWhen looking at employment vs. unemployment  you would think that they would simply be the inverse of each other. Flip one over and you have the other. But the U.S. Bureau of Labor Statistics (BLS) actually uses two entirely different surveys to calculate them. So by comparing them we can spot irregularities. See Employment vs. Unemployment for more information.

Historical Employment Data

Employment-1939-2015

In this chart we can see the historical employment figures from 1939 through the present. But in addition to the number of jobs we can also see the recessions shaded blue.

See: Historical Employment Levels for more information.

 

Misery IndexThe misery index combines two factors that can make life difficult for people i.e.  unemployment and inflation.  High levels of price inflation (rapidly rising prices) will cause households to have difficulty affording the basic necessities while high unemployment will leave a high percentage of households without any income at all.

See: InflationData’s Misery Index.

Seasonally Adjusted Unemployment Rate

The U-3 Seasonally Adjusted Unemployment Rate is the standard unemployment rate that the government prefers to use since it presents a much rosier picture than the U-6.  Go here if you would like to see the “Unemployment Rate” in table form.

Unadjusted vs. Seasonally Adjusted Unemployment Rate

Adjusted vs unadjusted unemployment rate May 2015

Although the Seasonally Adjusted Unemployment Rate is often quoted by the main stream media (MSM) people often wonder how much fudging goes on in the adjustment process. In this chart you can see how the Seasonally Adjusted Unemployment Rate compares with the Unadjusted rate.

BLS vs Gallup Unemployment Rates

Although it doesn’t appear that there is much “fudging” going on with the Seasonal adjustments that doesn’t mean the numbers are without problems. See Is the Government Fudging the Unemployment numbers for some alternative ways to get a better picture of the employment situation.

See Also:

High Paid Miners Now Working at Walmart?

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Employment-1939-2015_AugSeptember Employment Numbers Disappointing

Apparently U.S. employers cut back on hiring over the last two months. The expectation by economists polled by Reuters was that there would be a net gain of 203,000 jobs in September.

But when the BLS released their “preliminary estimates” for the employment situation for September non-farm employment rose by only 142,000 in September. And to make matters worse, August numbers were adjusted down resulting in the smallest Seasonally adjusted two month gain in over a year.

The BLS Commissioner’s report stated, “Job gains occurred in health care and information, while mining employment fell… The number of persons unemployed for less than 5 weeks increased by 268,000 to 2.4 million in September, partially offsetting a decline in August… Thus far in 2015, job growth has averaged 198,000 per month, compared with an average monthly gain of 260,000 in 2014.”

So 2015 has averaged only 76% the job growth that 2014 had and at 142,000 September was only 54% of 2014’s average. 34,000 new jobs were created by healthcare, 31,000 came from professional and business services, 24,000 from retail trade employment, and food services and drinking places added 21,000 jobs. On the other hand, mining and mining support lost -17,000 jobs. So it appears all the high paid mining workers are now working at either McDonald’s or Walmart. Not a good trend at all!

See Current Employment Commentary for more information.

Unemployment Rate September 2015The U.S. Bureau of Labor Statistics (BLS) also released the newest unemployment data for September 2015 today. According to the BLS, the current “Seasonally Adjusted” Unemployment Rate for September is 5.1% identical to August. The BLS reported the “Unadjusted” Unemployment Rate is 4.9% which is lower than August’s 5.2% . See Current Unemployment Chart for more information.

Employment vs UnemploymentIn our chart of employment vs. unemployment we compare them and although you would expect that employment and unemployment are simply the inverse of each other (i.e flip one over and you have the other) actually there are several anomalies in the data. Because the U.S. Bureau of Labor Statistics (BLS) uses two separate surveys to calculate the data it helps us see [Read more…] about High Paid Miners Now Working at Walmart?

August Unemployment Down

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Employment-1939-2015_AugThe BLS issued their “preliminary estimates” for the employment situation for the month of August 2015. The Commissioner’s report regarding the Seasonally Adjusted numbers says, “Nonfarm payroll employment increased by 173,000 in August, and the unemployment rate edged down to 5.1 percent. Employment rose in health care and social assistance and in financial activities, while manufacturing and mining employment declined.”

The full report of unadjusted numbers states that there were 142.126 Million jobs in August compared to 141.794 million jobs in July and 142.868 million jobs in June.

See Current Employment Commentary for more information.

Unemployment Rate Chart - August 2015The U.S. Bureau of Labor Statistics (BLS) also released the newest unemployment data for August 2015 today. According to the BLS, the current “Seasonally Adjusted” Unemployment Rate for July is 5.1%  down from July’s 5.3%. The BLS reported the “Unadjusted” Unemployment Rate is 5.2% which is lower than July’s 5.6% . See Current Unemployment Chart for more information.

emp vs unemp 2010- Aug 2015In our chart of employment vs. unemployment we compare them and although you would expect that employment and unemployment are simply the inverse of each other (i.e flip one over and you have the other) actually there are several anomalies in the data. Because the U.S. Bureau of Labor Statistics (BLS) uses two separate surveys to calculate the data it helps us see [Read more…] about August Unemployment Down