December 2, 2022

BLS Employment Situation Report (November 2022)

-  Nonfarm Payrolls month/month  263,000.   Previous was 284,000

- Unemployment Rate  3.7%. Previous was  3.5%

- Private Payrolls - month/month 221,000.  Previous was   248,000

- Manufacturing Payrolls month/month  34,000. Previous was   36,000

- Labor Participation Rate    62.1%. Previous was  62.3%

- Average Hourly Earnings month/month    0.6%. Previous was  0.5%

- Average Hourly Earnings year/year    5.1%. Previous was  4.9%

- Average Workweek        34.4 hours. Previous was  34.5 hours  

Revisions to  September and October subtracted 23,000 jobs.

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