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The headline seasonally adjusted BLS job growth was well below expectations, with the unemployment rate worsening from 6.0 % to 6.1 %. Analyst Opinion of the BLS Employment Situation Growth was well under expectations. The economically intuitive sectors were negative for economic growth. The rate of further recovery will be dependant on the coronavirus effects. The year-over-year rate of growth for employment accelerated by 17.6 % this month (red line on the graph below). The year-over-year growth rate is 1.5 % above the rate of growth one year ago. [all due to comparison to the lockdown one year ago] This month s report internals (comparing household to establishment data sets) somewhat correlated with the household survey showing seasonally adjusted employment grew 328,000 vs the headline establishment number growing 266,000. The point here is that part of the headlines are from the household survey (such as the unemployment rate) and part is from the establishment survey (jo

United statesSteven hansenJeff millerMark zandiGreat recessionFederal governmentAverage hourlyTransport employmentHelp employmentEmployment levelsAfrican americanPopulation ratiosContributor jeff millerJobs growthSeasonally adjusted employmentWall street journal