Insights and Perspectives

Insights and Perspectives

rss

Read the latest from Geographic Solutions.

The Role of LMI in Graduates' Career Planning Graphic

May marks the exciting milestone of graduation season. Across the country, college students are taking their first steps into the professional world. However, stepping into the dynamic and evolving job market can be challenging without the right information.

Labor Market Report January 2024 by Phillip Shrehe, Economist

While the labor force and unemployment rate remained unchanged, the U.S. economy gained 353,000 jobs in January, far exceeding the expectations of 255,000 jobs from the GSI Labor Market Forecast and 185,000 jobs from the WSJ Survey earlier this week.

January 2024 Labor Market Forecast

As the 2024 new year begins, Geographic Solutions' Economist, Phillip Sprehe, predicts that jobs will increase by 255,000 and the unemployment rate to 3.8% in January.

December 2023 Labor Market Report

According to the monthly Current Employment Statistics (CES) report and Current Population Survey (CPS) from The Bureau of Labor Statistics (BLS), employment in the U.S. in December 2023 gained 216,000 additional jobs, while the unemployment rate stayed at 3.7%.

December 2023 Labor Market Forecast

Jobs are predicted to increase in December by 231,000, a slight pick-up from the previous month, even as Geographic Solutions sees slowing job growth over the next six months.

November 2023 Labor Market Report

According to the monthly Current Employment Statistics (CES) report and Current Population Survey (CPS) from The Bureau of Labor Statistics (BLS), employment in the U.S. in November 2023 picked up to 199,000 additional jobs, while the unemployment rate declined to 3.7%.

November 2023 Labor Market Forecast

Jobs are predicted to increase in November by 122,000 as we see slowing growth over the next six months.

October 2023 Labor Market Report

In October 2023, the Bureau of Labor Statistics stated that employment in the U.S. slowed to 150,000 additional jobs, while the unemployment rate ticked up to 3.9%.

October 2023 Labor Market Forecast

Geographic Solutions' Economist, Phillip Sprehe, predicts jobs to increase in October by 226,000.

September 2023 Labor Market Report

Employment was quite a bit stronger over the last three months than originally estimated. Revisions in July and August added 119,000 more jobs than reported last month.