Browsing: employment situation

Banks and the Economy

Total nonfarm payroll employment rose by 280,000 in May, up from last month’s revised estimate of 221,000. The unemployment rate rose slightly to 5.5 percent. The Federal Reserve has placed its full-employment estimate between 5 percent and 5.2 percent.

Banks and the Economy

Total nonfarm payroll employment rose by 223,000 in April, up from last month’s revised estimate of 85,000. The unemployment rate dropped slightly to 5.4 percent, the lowest since 2008. The Federal Reserve has placed its full-employment estimate between 5 percent and 5.2 percent.

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