Employment Statistics

Our office owner and manager recently shared some employment statistics that I thought worth passing along.....

The national unemployment rate in October remained at 6.1 percent, though total nonfarm U.S. unemployment continued to fall by another 159,000 positions. The professional unemployment rate also remained at 2.8 percent, up from 1.8 percent a year ago. However, unemployment of the most educated workers, those having earned a bachelor’s degree or higher, edged down to 2.5 percent from 2.7 in September, the first time this number has fallen this year. Natural resources extraction and health services remained the strongest sectors, both posting payroll gains in October.