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2018-03-11 11:20:00

U.S. UNEMPLOYMENT RATE 4.1%

U.S. UNEMPLOYMENT RATE 4.1%

U.S. BLS - Total nonfarm payroll employment increased by 313,000 in February, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in construction, retail trade, professional and business services, manufacturing, financial activities, and mining. 

In February, the unemployment rate was 4.1 percent for the fifth consecutive month, and the number of unemployed persons was essentially unchanged at 6.7 million.

Table A-1. Employment status of the civilian population by sex and age

HOUSEHOLD DATA
Table A-1. Employment status of the civilian population by sex and age
[Numbers in thousands]
Employment status, sex, and age Not seasonally adjustedSeasonally adjusted(1)
Feb.
2017
Jan.
2018
Feb.
2018
Feb.
2017
Oct.
2017
Nov.
2017
Dec.
2017
Jan.
2018
Feb.
2018

TOTAL

 

Civilian noninstitutional population

254,246 256,780 256,934 254,246 255,766 255,949 256,109 256,780 256,934

Civilian labor force

159,482 160,037 161,494 159,997 160,371 160,533 160,597 161,115 161,921

Participation rate

62.7 62.3 62.9 62.9 62.7 62.7 62.7 62.7 63.0

Employed

151,594 152,848 154,403 152,511 153,846 153,917 154,021 154,430 155,215

Employment-population ratio

59.6 59.5 60.1 60.0 60.2 60.1 60.1 60.1 60.4

Unemployed

7,887 7,189 7,091 7,486 6,524 6,616 6,576 6,684 6,706

Unemployment rate

4.9 4.5 4.4 4.7 4.1 4.1 4.1 4.1 4.1

Not in labor force

94,764 96,743 95,439 94,248 95,395 95,416 95,512 95,665 95,012

Persons who currently want a job

5,641 5,364 5,152 5,577 5,232 5,265 5,308 5,171 5,131
 

Men, 16 years and over

 

Civilian noninstitutional population

122,862 124,173 124,250 122,862 123,617 123,707 123,786 124,173 124,250

Civilian labor force

84,589 85,125 85,806 85,093 85,247 85,221 85,354 85,931 86,267

Participation rate

68.8 68.6 69.1 69.3 69.0 68.9 69.0 69.2 69.4

Employed

80,126 81,046 81,829 81,070 81,667 81,666 81,821 82,274 82,685

Employment-population ratio

65.2 65.3 65.9 66.0 66.1 66.0 66.1 66.3 66.5

Unemployed

4,463 4,079 3,977 4,023 3,580 3,555 3,533 3,658 3,582

Unemployment rate

5.3 4.8 4.6 4.7 4.2 4.2 4.1 4.3 4.2

Not in labor force

38,273 39,048 38,444 37,769 38,370 38,486 38,432 38,242 37,983
 

Men, 20 years and over

 

Civilian noninstitutional population

114,375 115,669 115,748 114,375 115,120 115,212 115,292 115,669 115,748

Civilian labor force

81,782 82,431 83,053 82,054 82,366 82,375 82,548 82,928 83,309

Participation rate

71.5 71.3 71.8 71.7 71.5 71.5 71.6 71.7 72.0

Employed

77,781 78,761 79,552 78,515 79,248 79,324 79,431 79,705 80,213

Employment-population ratio

68.0 68.1 68.7 68.6 68.8 68.9 68.9 68.9 69.3

Unemployed

4,002 3,670 3,501 3,539 3,118 3,050 3,117 3,223 3,096

Unemployment rate

4.9 4.5 4.2 4.3 3.8 3.7 3.8 3.9 3.7

Not in labor force

32,592 33,238 32,695 32,321 32,755 32,837 32,745 32,741 32,440
 

Women, 16 years and over

 

Civilian noninstitutional population

131,384 132,607 132,684 131,384 132,149 132,242 132,323 132,607 132,684

Civilian labor force

74,893 74,912 75,688 74,904 75,124 75,312 75,243 75,183 75,654

Participation rate

57.0 56.5 57.0 57.0 56.8 57.0 56.9 56.7 57.0

Employed

71,469 71,802 72,574 71,441 72,179 72,251 72,200 72,157 72,530

Employment-population ratio

54.4 54.1 54.7 54.4 54.6 54.6 54.6 54.4 54.7

Unemployed

3,424 3,110 3,114 3,464 2,945 3,061 3,043 3,027 3,124

Unemployment rate

4.6 4.2 4.1 4.6 3.9 4.1 4.0 4.0 4.1

Not in labor force

56,491 57,695 56,996 56,480 57,026 56,930 57,080 57,423 57,030
 

Women, 20 years and over

 

Civilian noninstitutional population

123,131 124,328 124,407 123,131 123,882 123,975 124,057 124,328 124,407

Civilian labor force

72,230 72,095 72,791 72,050 72,187 72,302 72,293 72,210 72,565

Participation rate

58.7 58.0 58.5 58.5 58.3 58.3 58.3 58.1 58.3

Employed

69,157 69,378 70,029 68,978 69,576 69,665 69,614 69,583 69,828

Employment-population ratio

56.2 55.8 56.3 56.0 56.2 56.2 56.1 56.0 56.1

Unemployed

3,072 2,717 2,762 3,072 2,611 2,637 2,679 2,627 2,737

Unemployment rate

4.3 3.8 3.8 4.3 3.6 3.6 3.7 3.6 3.8

Not in labor force

50,901 52,234 51,616 51,081 51,696 51,673 51,764 52,118 51,842
 

Both sexes, 16 to 19 years

 

Civilian noninstitutional population

16,740 16,783 16,778 16,740 16,763 16,762 16,760 16,783 16,778

Civilian labor force

5,470 5,511 5,650 5,894 5,818 5,857 5,757 5,977 6,048

Participation rate

32.7 32.8 33.7 35.2 34.7 34.9 34.4 35.6 36.0

Employed

4,657 4,709 4,822 5,018 5,022 4,928 4,977 5,143 5,174

Employment-population ratio

27.8 28.1 28.7 30.0 30.0 29.4 29.7 30.6 30.8

Unemployed

813 802 828 876 796 929 780 834 874

Unemployment rate

14.9 14.6 14.7 14.9 13.7 15.9 13.6 13.9 14.4

Not in labor force

11,271 11,271 11,128 10,847 10,945 10,906 11,003 10,806 10,731

Footnotes
(1) The population figures are not adjusted for seasonal variation; therefore, identical numbers appear in the unadjusted and seasonally adjusted columns.

NOTE: Updated population controls are introduced annually with the release of January data.

-----

Earlier:

 N.America
2018, March, 9, 13:05:00

U.S. DEFICIT UP TO $56.6 BLN

BEA - The U.S. Census Bureau and the U.S. Bureau of Economic Analysis announced today that the goods and services deficit was $56.6 billion in January, up $2.7 billion from $53.9 billion in December, revised.

 

 N.America
2018, March, 4, 10:35:00

U.S. GDP UP 2.5%

BEA - Real gross domestic product (GDP) increased at an annual rate of 2.5 percent in the fourth quarter of 2017, according to the "second" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.2 percent.

 

 N.America
2018, February, 16, 23:00:00

U.S. INDUSTRIAL PRODUCTION DOWN 0.1%

FRB - Industrial production edged down 0.1 percent in January following four consecutive monthly increases. Manufacturing production was unchanged in January. Mining output fell 1.0 percent, with all of its major component industries recording declines, while the index for utilities moved up 0.6 percent. At 107.2 percent of its 2012 average, total industrial production was 3.7 percent higher in January than it was a year earlier. Capacity utilization for the industrial sector fell 0.2 percentage point in January to 77.5 percent, a rate that is 2.3 percentage points below its long-run (1972–2017) average.

 

 N.America
2018, February, 7, 07:40:00

U.S. DEFICIT UP TO $53.1 BLN

BEA - The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $53.1 billion in December, up $2.7 billion from $50.4 billion in November, revised. December exports were $203.4 billion, $3.5 billion more than November exports. December imports were $256.5 billion, $6.2 billion more than November imports.

 

 N.America
2018, February, 2, 12:10:00

U.S. FEDERAL FUNDS RATE 1.25 - 1.5%

U.S. FRB - In view of realized and expected labor market conditions and inflation, the Committee decided to maintain the target range for the federal funds rate at 1-1/4 to 1‑1/2 percent. The stance of monetary policy remains accommodative, thereby supporting strong labor market conditions and a sustained return to 2 percent inflation.

 

 N.America
2018, January, 29, 08:20:00

U.S. GDP UP 2.6%

BEA - Real gross domestic product (GDP) increased at an annual rate of 2.6 percent in the fourth quarter of 2017 (table 1), according to the "advance" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.2 percent.

 

 N.America
2018, January, 19, 12:25:00

U.S. SECURITIES INFLOW $33.8 BLN

U.S.DT - The sum total in November of all net foreign acquisitions of long-term securities, short-term U.S. securities, and banking flows was a monthly net TIC inflow of $33.8 billion. Of this, net foreign private inflows were $49.7 billion, and net foreign official outflows were $15.9 billion.

 

 

Tags: USA, UNEMPLOYMENT

Chronicle:

U.S. UNEMPLOYMENT RATE 4.1%
2018, July, 12, 10:20:00

U.S. - EXXON - RUSSIA SANCTIONS

BLOOMBERG - Treasury Secretary Steven Mnuchin told a Texas judge that Exxon Mobil Corp. doesn’t have a right to see privileged documents related to a $2 million fine assessed against the energy company for violating sanctions related to Russia’s 2014 invasion of Ukraine.

U.S. UNEMPLOYMENT RATE 4.1%
2018, July, 12, 10:15:00

NORWAY'S OIL PRODUCTION: 1.747 MBD

NPD - Preliminary production figures for June 2018 show an average daily production of 1 747 000 barrels of oil, NGL and condensate, which is an increase of 88 000 barrels per day compared to May.

U.S. UNEMPLOYMENT RATE 4.1%
2018, July, 12, 10:10:00

NOVATEK'S PRODUCTION: +2.4%

NOVATEK - In the first half 2018, NOVATEK’s hydrocarbons production totaled 264.3 million barrels of oil equivalent (boe), including 32.93 billion cubic meters (bcm) of natural gas and 5,864 thousand tons of liquids (gas condensate and crude oil), resulting in an increase in total hydrocarbons production by 6.3 million boe, or by 2.4%, as compared to the first half 2017.

U.S. UNEMPLOYMENT RATE 4.1%
2018, July, 11, 09:35:00

OIL PRICE: NEAR $78 YET

REUTERS - Brent crude futures LCOc1 were down 75 cents, or 1 percent, at $78.11 a barrel by 0308 GMT, having fallen as low as $77.60. U.S. crude CLc1 was down 55 cents, or 0.7 percent, at $73.56.

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