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A data chart image of Nonfarm business labor productivity down 4.6 percent in second quarter 2022

Nonfarm business labor productivity down 4.6 percent in second quarter 2022

August 12, 2022

Nonfarm business sector labor productivity decreased 4.6 percent in the second quarter of 2022, as output decreased 2.1 percent and hours worked increased 2.6 percent. Over the past 10 years, the change in nonfarm business labor productivity has ranged from −7.4 percent (in first quarter 2022) to 10.3 percent (second quarter 2020).

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August 11, 2022

A data chart image of 78 metropolitan areas had jobless rates of less than 3.0 percent in June 2022

78 metropolitan areas had jobless rates of less than 3.0 percent in June 2022

A total of 78 metropolitan areas had jobless rates of less than 3.0 percent in June 2022. Two areas had rates of at least 10.0 percent, and 8 areas had rates of 2.0 percent or less. The national unemployment rate in June was 3.8 percent, not seasonally adjusted, down from 6.1 percent a year earlier.

August 10, 2022

A data chart image of Employment–population ratio at 60.0 percent in July 2022

Employment–population ratio at 60.0 percent in July 2022

The employment–population ratio—the proportion of the population that is employed—was 60.0 percent in July 2022 for people age 16 and older. The July 2022 ratio remains below its value just before the pandemic in February 2020 (61.2 percent).

August 09, 2022

A data chart image of Nonfarm payroll employment rose by 528,000 in July 2022

Nonfarm payroll employment rose by 528,000 in July 2022

Total nonfarm payroll employment rose by 528,000 in July 2022, larger than the average monthly gain over the prior 4 months (+388,000). Job growth was widespread in July, led by gains in leisure and hospitality, professional and business services, and health care.

August 08, 2022

A data chart image of Employment increased in 129 metropolitan areas from June 2021 to June 2022

Employment increased in 129 metropolitan areas from June 2021 to June 2022

Nonfarm payroll employment increased in 129 metropolitan areas and was essentially unchanged in 260 areas from June 2021 to June 2022. The largest over-the-year percentage gain in employment occurred in Atlantic City-Hammonton, New Jersey, at 12.5 percent.