Friday, February 1, 2019

U.S. Economy Added 304,000 Jobs in January; Unemployment at 4%

The shutdown idled hundreds of thousands of federal workers for much of January, and left hundreds of thousands of others working without pay.

Furloughed federal workers counted as employed for the purposes of government statistics.

"It's still a tight labor market. Employers are still actively looking for jobs, and with wages ticking up, it looks like workers are getting some more bargaining power."

Federal workers will all receive back pay for the days the government was closed, whether or not they were required to work.

Government contractors generally won't receive back pay, so if they didn't work, they weren't counted.

In theory, furloughed government workers should have counted as temporarily unemployed in the survey.

During the last extended government shutdown, in 2013 some federal workers incorrectly recorded themselves as being absent from work, not unemployed.


https://www.nytimes.com/2019/02/01/business/economy/jobs-report.html

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