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With 10 million jobs added since President Biden took office and an average of more than 370,000 per month over the last three months, this economy continues to produce strong and steady job growth that benefits workers and their families.
Labor force participation rose in August as more unemployed workers began seeking jobs.
The July jobs report marked two new milestones in the economic recovery: First, the number of Americans working exceeded the pre-pandemic number. Second, the unemployment rate is 3.5%, back to its pre-pandemic low.
Strong, steady job growth is an apt description of the second quarter of U.S. labor market. Over the last three months, the economy added an average of 375,000 jobs per month.
Amy Fong, a mathematical statistician in the department’s Office of Disability Employment Policy, recently interviewed Justin Tsang, Hanna Lee and Shruti Rajkumar of the Asian Americans with Disabilities Initiative to ask about the importance of ensuring research considers the unique experiences of this population in the United States.
In June, the economy added 372,000 jobs, with a three-month moving average of 375,000, exceeding market expectations.
Data is truly one of the superpowers of the U.S. Department of Labor. From tracking unemployment claims, calculating monthly job growth and inflation, and tabulating owed back wages for workers, data powers virtually everything we do.
Editor's Note: This post was originally published on the U.S. Bureau of Labor Statistics Commissioner's Corner Blog on May 25,2022
May is Asian Pacific American Heritage Month, so let’s take a closer look at national employment statistics for Asians and for Native Hawaiians and Other Pacific Islanders. We’ll focus on how labor market conditions for these groups continue to recover from the effects of the COVID-19 pandemic.
This month, the economy added 390,000 jobs, with a 3-month moving average of 408,000. Job growth remains steady.
A new collaborative network will help us better measure, analyze and report on job quality.