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 August 2022 US Jobs Report

 Jobs Report 2022

 The number of unemployed who described themselves as “permanent job losers” was 1.2 million, down from 1.3 million in June and below the February 2020 level of 1.3 million

 Report

 Since the end of the pandemic recession, total nonfarm employment has increased by 32,000 jobs since February 2020.

 August 2022 US Jobs 

 The change for June was revised up by 26,000, from +372,000 to +398,000, and the total nonfarm payroll employment for May was revised up by 2,000, from +384,000 to +386,000.

 US JOBS

 Since February 2020, there has been  a rise in private sector employment of 629,000. There was 745,000 more employment in transportation in February 2020

 August 2022 US Jobs 

 US Employment Increment 

 SIA’s Perspective

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 In July, the US economy created 528,000 new jobs, more than doubling the median forecast of 250,000 jobs .

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 Private sector employment had increased by 629,000 since February 2020, up 12.9% from pre-pandemic levels.

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