In the past fifteen months we have had nine months of payroll gains and six months of payroll losses, according to the BLS data.
The unemployment rate, which has bounced around between 4.0 and 4.5 percent since the beginning of last year, is nowhere close to the levels normally associated with economic downturns.
The unemployment rate for recent college graduates (ages 22-27) is around 5.6 percent, higher than the overall figure of 4.3 percent and well above the 3.1 percent level for all college graduates.
Looming over all the present uncertainty in the labor market is the specter of artificial intelligence.
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The monthly jobs report from the Bureau of Labor Statistics will come out in two weeks. Do you want to hazard a guess as to the number of nonfarm payroll (NFP) gains reported for the month of April? Good
