The unemployment rate was 4.8% in December 2007 when the recession was declared official, and as of the April 2010 jobs report on Friday, it was 9.9%. We did have the best monthly gain in jobs in four years on the April report with +290k jobs (or +224k ex-Census workers), but we’ve lost 7.72m jobs since the recession began. Need a string of April-like numbers to sustain a recovery. You can hover over chart below to see official BLS-reported unemployment rates for each month in this series beginning in 1990. The link above will take you to the most recent data from last Friday.
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- PPI up, Mortgage Applications down.
- Flat Data.
- Initial Jobless down but…
- Mortgage Applications up 1st Time in 4 Weeks.
- June BLS: 827,000 fewer people working full-time
- Job Openings up.
- 95.5% on Gain in Jobs is in Part-time Jobs
- Private Jobs Improve. Mortgage Applications Flat.
- Modestly Positive Fundamentals.
- Pending Home Sales up.