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progree

(12,915 posts)
13. Odd, because the labor force fell by 363,000 in April
Fri May 6, 2022, 12:33 PM
May 2022

April changes

Labor Force: -363,000

Employed: -353.000  < - notice the big difference with the headline nonfarm payrolls number +428,000

Unemployed: -11,000

# Labor Force in thousands http://data.bls.gov/timeseries/LNS11000000?output_view=net_1mth
The labor force is the sum of employed and unemployed. To count as unemployed, one must have actively sought work in the past 4 weeks (just looking at want ads and job postings doesn't count)

# Employed in thousands http://data.bls.gov/timeseries/LNS12000000?output_view=net_1mth

# Unemployed in thousands https://data.bls.gov/timeseries/LNS13000000?output_view=net_1mth

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