Joelle Gamble

The U.S. economy added 223,000 jobs in December. With significant gains across industries, 2022 was a year of steady, worker-centered growth.

As the economy continues to recover from setbacks related to the COVID-19 pandemic, people with disabilities have re-entered the labor force in greater numbers and have even surpassed the pre-pandemic level

Historic investments are helping spur manufacturing growth, which now provides 137,000 more jobs than it did before the pandemic.

This month, we are highlighting labor market outcomes for Hispanic or Latino workers.

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.  

In June, the economy added 372,000 jobs, with a three-month moving average of 375,000, exceeding market expectations.

This month, the economy added 390,000 jobs, with a 3-month moving average of 408,000. Job growth remains steady.