Summary of the Bureau of Labor Statistics Monthly Employment Situation Report The U.S. Bureau of Labor Statistics (BLS) today reported total nonfarm payroll employment increased by 916,000 in March, significantly above consensus estimates. Unemployment rate fell to 6.0 percent, down considerably from its April 2020 high of 14.7 percent. Job growth...
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Are You Ready for What’s Next?
Everyone is trying to understand what’s coming next in a post-COVID-19 world. While we have no special foresight into the future of the pandemic, we can tell you what we have seen over the past few months so that you can apply these lessons to your practice. 1) Demand for dentists...
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Employment Situation Report – February 2021
Summary of the Bureau of Labor Statistics Monthly Employment Situation Report The U.S. Bureau of Labor Statistics (BLS) today reported total nonfarm payroll employment increased by 379,000 in February, significantly above consensus estimates. Unemployment rate fell 6.2% or 10 million unemployed persons. Most of the job gains occurred in leisure and...
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Employment Situation Report – January 2021
Summary of the Bureau of Labor Statistics Monthly Employment Situation Report The January job gain of 49,000 was in-line with most analysts’ expectations and represented an improvement over the weak December Bureau of Labor Statistics (BLS) report. Unemployment rate fell by 0.4 percentage point to 6.3% in January or 10.1 million...
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Employment Situation Report – December 2020
Summary of the Bureau of Labor Statistics Monthly Employment Situation Report Total nonfarm payroll employment declined by 140,000 in December, well below the consensus forecast of a job gain of 45,000. Unemployment rate remained unchanged at 6.7 percent or 10.7 million unemployed persons. The Bureau of Labor Statistics (BLS) noted in...
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