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January 2021 BLS Jobs Situation - Only A Small Employment Increase

The headline seasonally adjusted BLS job growth was small but at expectations, with the unemployment rate improving from 6.7 % to 6.3 %.
Analyst Opinion of the BLS Employment Situation
Employment recovery from the coronavirus has now stalled. The small growth this month was mainly from the government sector.
This month the BLS benchmarked their data and revised their 2020 employment.
The economically intuitive sectors were mixed for economic growth.
The rate of further recovery will be dependant on the coronavirus effects.
The year-over-year rate of growth for employment declined by 0.09 % this month (red line on the graph below). The year-over-year growth rate is 6.1 % below the rate of growth one year ago. ....

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December 2020 BLS Jobs Situation - Employment Declines

The headline seasonally adjusted BLS job growth declined and was well below expectations, with the unemployment rate unchanged at 6.7 %.
Analyst Opinion of the BLS Employment Situation
Employment recovery from the coronavirus has now stalled.
A summary from the report:
Total nonfarm payroll employment declined by 140,000 in December, and the unemployment rate was unchanged at 6.7 percent, the U.S. Bureau of Labor Statistics reported today. The decline in payroll employment reflects the recent increase in coronavirus (COVID-19) cases and efforts to contain the pandemic. In December, job losses in leisure and hospitality and in private education were partially offset by gains in professional and business services, retail trade, and construction. ....

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