January 7, 2022

BLS Employment Situation Report (December 2021)

 Nonfarm Payrolls month/month  199,000.   Previous was 210,000

- Unemployment Rate   3.9%. Previous was  4.2%

- Private Payrolls - month/month 211,000.  Previous was   270,000

- Manufacturing Payrolls month/month  26,000. Previous was   35,000

- Labor Participation Rate     61.9%. Previous was  61.9%

- Average Hourly Earnings month/month    0.6%. Previous was  0.4%

- Average Hourly Earnings year/year    4.7%. Previous was  4.7%

- Average Workweek        34.7 hours. Previous was  34.7 hours  

Revisions to October and November added 141,000 jobs.

Source:  BLS  Details:  https://www.bls.gov/news.release/empsit.nr0.htm