Read the latest from Geographic Solutions.
April’s unexpectedly strong results are the second disruption to the slowing trend we have seen in hiring, since July 2022.
The March Labor Market Report shows that job growth has slowed. Although fewer, the representation remained a solid expansion, with an increase in the labor force participation rate.
Although the gains were smaller than the surprising 504,000 new jobs in January, the performance in February was still strong.
Geographic Solutions’ data is signaling a slight uptick in the number of new jobs, even though job additions are expected to slow over the next several months.
Geographic Solutions’ data is pointing to another month of solid job gains for October.
Geographic Solutions derives its employment forecast from internal data on the number of job searchers, job applications, job severances, and applications for unemployment benefits filed on Geographic Solutions state client sites.
Geographic Solutions' resident economist offers his forecast for the upcoming February 2022 labor market report.
The Bureau of Labor Statistics (BLS) released its monthly Current Employment Statistics (CES) report and Current Population Survey (CPS) for January 2021 on Friday, February 5th.