February jobs numbers don't reveal much about economic impact of COVID-19

Mar 6, 2020
Economists are tracking other data for clues about where the economy is headed.
The affect of COVID-19 on jobs is likely to show up in shipping and transportation. Above, the cranes are idle at the Port of Los Angeles — the nation's busiest container port — on March 6, 2020.
Mario Tama/Getty Images

273,000: A blockbuster number for the February jobs report

The number, coming before the coronavirus outbreak intensified, crushed expectations.
Unemployment fell back to 3.5% in February.

Why the seasonal adjustment in monthly jobs data?

Mar 6, 2020
Smoothing over predictable seasonable ups and downs in unemployment can reveal underlying economic trends.
One BLS economist said unseasonably mild weather would lead to an uptick in construction.
Justin Sullivan/Getty Images

Women make gains in the workforce but pay still lags behind

Feb 3, 2020
Jobs that involve caregiving are dominated by women. They also pay less.
Women make up for 78% of workers in the health care sector.
Christopher Furlong/Getty Images

Trump administration changes how reporters access timely economic data

Jan 16, 2020
Lorraine Woellert of Politico predicts that the change will increase market volatility following some government reports.
A 1975 newsroom.
Hulton Archive/Getty Images

Wages grew faster in past expansions

Jan 10, 2020
When unemployment is low, wages typically shoot up. But wages are growing more slowly than they did 20 years ago.
Even though unemployment is at a 50 year low, wages have room to grow. Above, a Fight for 15 protest in New York.
Spencer Platt/Getty Images

The economy's hot again. But how long can it last?

Dec 6, 2019
Recession worries were prominent several months ago, but the latest jobs report suggests those risks are fading.
Consumer spending drives two-thirds of the economy.
Joe Raedle/Getty Images

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Fewer jobs created than first reported

Dec 6, 2019
The government's benchmark revisions showed 500,000 fewer jobs were created in 2018 and early 2019 than initially thought.
The annual benchmark revision shows that fewer jobs were created than previously thought.
David McNew/Getty Images

Wage gains have slowed, but some sectors are still hot

Oct 31, 2019
The Labor Department's October jobs report is expected to show a sharp slowing in job creation in a still-tight labor market.
Construction is one of the industries that has seen wages increase.
Julian Herbert/Getty Images

Jobs report preview: Behold, the GM effect

Oct 31, 2019
Don't expect much from the Labor Department's monthly numbers, analysts say.
Members of United Auto Workers picket outside of General Motors Detroit-Hamtramck Assembly during the strike on Oct. 16.
Jeff Kowalsky/AFP via Getty Images

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